Outotec has secured a large-scale iron ore pelletizing plant project in Russia

It has agreed with NLMK Novolipetsk Metallurgisk Kombinat on the delivery of a pelletizing plant in Stary Oskol, 600km south of Moscow.

Outotec’s share of the project is €150M.

Outotec’s scope includes basic and detailed engineering, process technology, procurement services as well as the entire process and plant equipment supplies for the iron ore pelletizing plant.

Outotec has also agreed to provide services during the plant’s installation and start-up. Construction is expected to be completed in 2014.

The Stary Oskol project will be the largest iron ore pelletizing plant in Russia producing roughly 6Mt/y.

NLMK Novolipetsk belongs to the NLMK Group. The project will be in co-ordination with Siemens VAI.