Metso Fortifies FACOR’s Ferrochrome Expansion

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Synopsis

Metso partners with FACOR in India, securing an €80 million contract for a ferrochrome plant in Odisha. The facility, slated for completion in 2025, will house cutting-edge technology for high-quality ferrochrome production, supporting FACOR's goal to lead India's ferrochrome market. Metso's sustainable approach aligns with their Planet Positive commitment.

Article

Metso Corporation and Ferro Alloys Corporation Limited (FACOR) from Vedanta have inked a significant deal to develop a ferrochrome plant as part of FACOR's expansion initiative in Bhadrak, Odisha, India. The agreement, valued at around €80 million, marks a pivotal addition to Metso's Minerals segment's order intake for the final quarter of 2023.

Metso's commitment encompasses engineering and equipment supply, featuring a 6m wide Outotec® Steel Belt Sintering Plant and two 75 MVA Outotec® Submerged Arc Smelting Furnaces with advanced preheating technology. The upcoming facility is projected to produce 300,000 metric tons of ferrochrome annually, expected to commence operations by 2025.

In a statement, Jyrki Makkonen, Metso's Vice President for Smelting, expressed satisfaction in supporting FACOR's ambitious investment aiming to elevate them as India's primary ferrochrome producer. The collaborative effort aims to materialize FACOR's growth strategy with a sustainable ferrochrome production process, aligning closely with Metso's Planet Positive offering.

Metso's Outotec® Steel Belt Sintering Plant is renowned for crafting high-quality pellets conducive to consistent electric furnace performance, ensuring low power consumption and high recovery rates. The Outotec® Submerged Arc Furnace (SAF), a hallmark of Metso's technology, is an energy-efficient, closed-system solution for various ferroalloy applications, including ferrochrome. Its attributes include low energy consumption, high metal recovery, and enhanced carbon efficiency, contributing to reduced CO₂ emissions and dust.

The adoption of Metso's Outotec® Ferrochrome process, a globally acclaimed methodology, underscores FACOR's pursuit of efficient and sustainable ferrochrome production.

Conclusion

Metso's collaboration with FACOR in India marks a significant step in establishing a cutting-edge ferrochrome plant, signaling a promising venture toward enhancing India's ferrochrome production. Set to commence operations in 2025, the facility showcases Metso's commitment to sustainability through their advanced, eco-friendly technology. This partnership underscores Metso's dedication to fostering sustainable practices in the minerals industry.

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