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Finland Project Notice - RAAHE SLAG RECYCLING PROJECT


Project Notice

PNR 25955
Project Name RAAHE SLAG RECYCLING PROJECT
Project Detail The project involves the construction of a processing plant at the port of Raahe which will recycle steel slags from SSAB - a major steel company - to extract vanadium and iron leaving a slag which can be used in the construction and cement industries. The end product of the plant will be ferrovanadium (FeV80). Ferrovanadium is mostly used as an alloy in numerous steel products to increase strength, wear resistance or control other properties. Examples range from high strength machine tools, to pipes, construction steel as well as for aerospace applications. SSAB will supply the vanadium containing slag from its steel plants in Finland and Sweden based on a long-term supply agreement. The new innovative and cost-effective process solution will be contributing to a circular economy.
Funded By European Investment Bank
Sector Services
Country Finland , Western Europe
Project Value EUR 366,000,000

Contact Information

Company Name FERROVAN OY
Web Site http://www.eib.org/en/projects/pipelines/pipeline/20150641

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