Outotec will undertake research and development (R&D) in Pori, Finland and Frankfurt, Germany with a focus on developing mineral and metallurgical process solutions to address declining ore grades; metals and resources recovery and recycling; reduction of energy and water consumption in processes; and efficient capturing of useful by-products.
The loan will also enable the company to carrry out R&D in water treatment and energy-related applications including heat recovery, combustion and gasification and gas handling.
EIB vice president Van Ballekom said that the agreement with Outotec will introduce substantial benefits to investing in research, development and innovation related to minerals and metallurgical processing technologies.
"These are key considerations for the EIB’s involvement in the world’s metals production, water treatment and cleantech sector".
