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Outokumpu
Outokumpu Oyj is a group of international companies headquartered in Helsinki, Finland, with 10,600 employees in more than 30 countries. Outokumpu is the largest producer of stainless steel in Europe and the second largest producer in the Americas. Outokumpu also has a long history as a mining company, and still mines chromium ore in Keminmaa for use as ferrochrome in stainless steel. The largest shareholder of Outokumpu is the Government of Finland, with 26.6% ownership, including the shares controlled by Solidium, The Social Insurance Institution of Finland, Finnish State Pension Fund and Municipality Pension Agency. Company history In 1908, a large deposit of copper ore was discovered in Outokumpu, in Northern Karelia. Outokumpu was established to develop the now-exhausted mine. In the 1940s, Outokumpu developed the flash smelting process for smelting copper. From 1986 to 1988 Outokumpu participated in a stainless steel cartel; it was caught in 1990, but not fined. ...
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Outokumpu, Finland
Outokumpu is a town and municipality of Finland. It is located in the North Karelia region, west of Joensuu and east of Kuopio. The municipality has a population of () and covers an area of of which is water. The population density is . The most important road connection in the locality is Highway 9. Neighbouring municipalities are Heinävesi, Kaavi, Liperi, Polvijärvi and Tuusniemi. The municipality is unilingually Finnish. The fir-twigged line in the coat of arms of Outokumpu refers to the name ''Kuusjärvi'' (literally "spruce lake") at the time the municipality's coat of arms was established, and the copper symbol refers to Outokumpu Oyj's mines, which later gave their name to the entire township. The coat of arms was designed by Olof Eriksson, and the Kuusjärvi municipal council approved it at its meeting on November 21, 1952. The Ministry of the Interior approved the coat of arms for use on February 18, 1953. History The municipality was formerly known as '' ...
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Northern Karelia
North Karelia (or ''Northern Karelia'', ; ) is a Regions of Finland, region in eastern Finland. It borders the regions of Kainuu, Northern Savonia, North Savo, Southern Savonia, South Savo and South Karelia, as well as Russia's Republic of Karelia. It is the easternmost region of Finland and shares a border with Russia. The city of Joensuu is the capital and the largest settlement of the region. North Karelia has successfully reduced chronic diseases through public health measures. In the 1960s Finland led industrialized nations in cardiovascular disease, heart disease mortality rates; North Karelia had Finland's highest incidence. In 1972 a long-term project was undertaken which targeted this risk in North Karelia. The resulting improvement in public health is still considered remarkable, a model for the rest of the nation. North Karelia is also known as the most sociable region in Finland. History The borders of remote North Karelia were formed gradually. Important borde ...
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Flash Smelting
lang=en, upright=1.3, Development of flash smelting in the copper industry, related to the number of smelters using this technology. Flash smelting () is a smelting process for sulfur-containing ores including chalcopyrite. The process was developed by Outokumpu in Finland and first applied at the Harjavalta plant in 1949 for smelting copper ore. It has also been adapted for nickel and lead production. A second flash smelting system was developed by the International Nickel Company (' INCO') and has a different concentrate feed design compared to the Outokumpu flash furnace. The Inco flash furnace has end-wall concentrate injection burners and a central waste gas off-take, while the Outokumpu flash furnace has a water-cooled reaction shaft at one end of the vessel and a waste gas off-take at the other end. While the INCO flash furnace at Sudbury was the first commercial use of oxygen flash smelting, fewer smelters use the INCO flash furnace than the Outokumpu flash furnace. Fl ...
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Boliden AB
Boliden AB (stylized as Boliden) is a Swedish multinational metals, mining, and smelting company headquartered in Stockholm. The company produces zinc, copper, lead, nickel, silver, and gold, with operations in Sweden, Finland, Norway, Portugal, and Ireland. The company name comes from the Boliden mine, 30 km northwest of the Swedish town of Skellefteå, where gold was found in 1924. It was once Europe's largest and richest gold mine, but has since 1967 been defunct. The goods produced are sold both to the group's own smelters and to external customers. Boliden owns and operates Europe's biggest zinc mine at Tara in Ireland (since early 2004), but production began there in 1977, since when over 60 million tonnes of ore have been mined. Boliden also owns Garpenberg, which is Sweden's oldest mine still in operation. Mining at Garpenberg, or extracting metals from the ground, began as early as 375 bc. The mineral-rich Skellefte field lies within the Boliden Area, where almo ...
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VDM Metals
VDM Metals Group (formerly Vereinigte Deutsche Metallwerke) based in Werdohl, Germany, is a manufacturer of corrosion-resistant, heat-resistant and high-temperature nickel alloys, cobalt and zirconium alloys as well as high-alloyed special stainless steels. These materials are used in the chemical process industry, the oil and gas industry, aerospace, automotive and electronics / electrical engineering. VDM Metals operates production sites in Germany (Altena, Siegen, Unna and Werdohl) and the United States ( Florham Park, NJ, and Reno, NV). The company employs about 2,000 people worldwide. History The original Vereinigte Deutsche Metallwerke AG (VDM) was founded in 1930 by the takeover of ''Heddernheimer Kupferwerk and Süddeutsche Kabelwerk AG'' in Frankfurt by ''Berg-Heckmann-Selve AG'' in Altena. The merger took place on the initiative of Metallgesellschaft, which was the main shareholder of Heddernheimer Kupferwerke since 1893 and also took over the majority of the new co ...
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Outotec
Outotec Oyj (Outokumpu Technology prior to 24 April 2007) was a Finnish company, headquartered in Espoo, aimed at providing technologies and services for the metal and mineral processing industries. In 2020, Outotec merged with Metso Minerals and new company is called Metso Outotec. The firm concentrated on producing machines and methods which facilitate the various stages of extractive metallurgy and mineral processing from ore through to pure metal or mineral, including the grinding and physical separation of ores and the smelting and leaching of base and precious metals. The company also provides engineering and after-sales services for its products. Outotec was previously a wholly owned business area of Outokumpu, having been established in the late 1940s, but it was spun off as a separate entity in June 2006 when the parent company decided to concentrate on its primary concern of stainless steel. A listing on the Helsinki Stock Exchange followed shortly afterwards, and ...
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Avesta Municipality
Avesta Municipality () is one of 290 municipalities of Sweden. It is in Dalarna County, in the central part of the country, and its seat is in the town of Avesta (locality), Avesta. The municipality in its present size was created in 1967 when the four surrounding municipalities were joined with the then ''City of Avesta''. In 1971 it became a municipality of unitary type. Geography Avesta borders to the municipalities of: * Hedemora Municipality, Hedemora in Dalarna, * Hofors Municipality, Hofors and Sandviken Municipality, Sandviken in Gävleborg County, * Norberg Municipality, Norberg and Sala Municipality, Sweden, Sala in Västmanland County Localities * Avesta (locality), Avesta (the seat) * Krylbo (part of the seat Avesta.) * Horndal * Fors (Swedish village), Fors Sports Motorcycle speedway, Speedway: The most successful sport team in Avesta is their Motorcycle speedway, speedway team Masarna, translating to "the men of Dalecarlia", competing in the highest division ...
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Solidium
Solidium Oy is a Finnish state-owned investment company. Founded in 1991, Solidium's original purpose was to manage the property of SKOP Bank (''Säästöpankkien Keskus-Osake-Pankki''; fi), which went bankrupt in the early 1990s recession. In 2008, Solidium's mandate became the management of the listed minority shareholdings of the Finnish state. Previously, the government directly owned the stock, and transferring it to a single company was the work of Minister of Trade and Industry Jyri Häkämies. On August 1, 2022, the net asset value of Solidium was EUR 8,968 billion. Aside from Solidium, the government still directly owns shares in three listed companies as a majority shareholder. Holdings Solidium took over the state-owned shares in 2008 of Kemira, Metso, Outokumpu, Rautaruukki, Sampo, Sponda, Stora Enso, and Telia, and in 2009 Elisa. Solidium acquired over 5% of Outotec Mining Technology Company's shares in March 2012, while Goldman Sachs reduced its owner ...
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Bochum, Germany
Bochum (, ; ; ; ) is a city in North Rhine-Westphalia. With a population of 372,348 (April 2023), it is the sixth-largest city (after Cologne, Düsseldorf, Dortmund, Essen and Duisburg) in North Rhine-Westphalia, the most populous German federal state, and the 16th-largest city in Germany. On the Ruhr Heights () hill chain, between the rivers Ruhr to the south and Emscher to the north (tributaries of the Rhine), it is the second largest city of Westphalia after Dortmund, and the fourth largest city of the Ruhr after Dortmund, Essen and Duisburg. It lies at the centre of the Ruhr, Germany's largest urban area, in the Rhine-Ruhr Metropolitan Region, the second biggest metropolitan region by GDP in the European Union, and belongs to the region of Arnsberg. There are nine institutions of higher education in the city, most notably the Ruhr University Bochum (), one of the ten largest universities in Germany, and the Bochum University of Applied Sciences (). Geography Geographical ...
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Stainless Steel
Stainless steel, also known as inox, corrosion-resistant steel (CRES), or rustless steel, is an iron-based alloy that contains chromium, making it resistant to rust and corrosion. Stainless steel's resistance to corrosion comes from its chromium content of 11% or more, which forms a Passivation (chemistry), passive film that protects the material and can self-healing material, self-heal when exposed to oxygen. It can be further alloyed with elements like molybdenum, carbon, nickel and nitrogen to enhance specific properties for various applications. The alloy's properties, such as luster and resistance to corrosion, are useful in many applications. Stainless steel can be rolled into Sheet metal, sheets, plates, bars, wire, and tubing. These can be used in cookware, cutlery, surgical instruments, major appliances, vehicles, construction material in large buildings, industrial equipment (e.g., in paper mills, chemical plants, water treatment), and storage tanks and tankers for ch ...
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Kemi Mine
Kemi (; ; ; ) is a town and municipality of Finland. It is located approximately from the city of Tornio and the Swedish border. The distance to Oulu is to the south and to Rovaniemi is to the northeast. It was founded in 1869 by a decree of the Emperor Alexander II of Russia because of its proximity to a deepwater port. The town has a population of () and covers an area of of which are water. The population density is . According to current statistics, Kemi has the highest number of drug crimes than any other town in Finland. This is thought to be due to its proximity to the Swedish border and the drug smuggling that occurs across it. History World War II hostage crisis During World War II, after Finland signed the Moscow Armistice and found itself involved in the Lapland War against its former German ally, German forces at the beginning of October 1944 captured 132 Finnish civilian hostages in Kemi (as well as 130 in Rovaniemi) and threatened to kill them unles ...
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