SynopsisOutokumpu, a global leader in sustainable stainless steel, is making strides toward sustainability by targeting the world's first carbon-neutral mine at its Kemi facility by 2025. This initiative aligns with Outokumpu's commitment to reduce emissions, with a focus on giving up fossil fuels, adopting low-emission electricity, and replacing natural gas with renewable solutions from Neste. The shift to renewable fuels will reduce the Kemi mine's annual greenhouse gas emissions by almost 11.3 million kilos, equivalent to removing 4,000 passenger cars from Finnish roads for a year.ArticleIn a decade crucial for climate action, Finland emerges as a European frontrunner, and Outokumpu, a global leader in sustainable stainless steel, is leading the charge toward a greener steel industry. As part of its ambitious emission reduction targets, Outokumpu's Kemi mine aims to become the world's first carbon-neutral mine by 2025. The company is well on its way to achieving this milestone, thanks to a groundbreaking partnership with Neste, a leading producer of renewable diesel.Outokumpu recognizes the urgency of the climate crisis and is determined to align with the 1.5-degree ambition. The Kemi mine's carbon neutrality is a multi-million-euro investment expected to slash nearly 40 million kilos of greenhouse gas emissions for Outokumpu when realized.Three fundamental pillars underpin the Kemi mine's journey to carbon neutrality: the abandonment of fossil fuels, the integration of low-emission electricity, and the substitution of natural and propane gas in heating processes. The initial step involves the transition to renewable fuels, with the ultimate goal of minimizing emissions across the entire value chain.The Kemi mine holds a unique position as the sole chrome mine within the European Union and is an integral part of Outokumpu's sustainable supply chain, serving its stainless steel mill in Tornio. This collaboration also bolsters job opportunities in Finland.Outokumpu's commitment to sustainability extends beyond mere rhetoric. In recent years, the company invested over EUR 280 million to deepen its underground mine, securing a reliable source of chrome, a crucial raw material for stainless steel production. Notably, Outokumpu's ferrochrome production boasts a 67% lower carbon footprint than the industry average, contributing to the company's status as a low-carbon leader in the market.The green transition at the Kemi mine marks a milestone in sustainability. Neste's renewable diesel, derived from 100% renewable raw materials, replaces fossil fuels in various mine operations, including machinery, trains, and power sources. This partnership represents the first-of-its-kind collaboration between a mine and the steel industry in Europe.Outokumpu's entire fleet, both in-house and contracted, will fully transition to Neste MY Renewable Diesel™. This shift promises an immediate 90% reduction in greenhouse gas emissions over the fuel's life cycle, a significant contribution to Outokumpu's climate targets.ComnclusionOutokumpu's journey to make its Kemi mine carbon-neutral by 2025 demonstrates a profound commitment to sustainability, aligning with global climate goals. The strategic partnership with Neste signifies a significant step toward reducing emissions and ensuring a greener future for the steel industry.
SynopsisOutokumpu, a global leader in sustainable stainless steel, is making strides toward sustainability by targeting the world's first carbon-neutral mine at its Kemi facility by 2025. This initiative aligns with Outokumpu's commitment to reduce emissions, with a focus on giving up fossil fuels, adopting low-emission electricity, and replacing natural gas with renewable solutions from Neste. The shift to renewable fuels will reduce the Kemi mine's annual greenhouse gas emissions by almost 11.3 million kilos, equivalent to removing 4,000 passenger cars from Finnish roads for a year.ArticleIn a decade crucial for climate action, Finland emerges as a European frontrunner, and Outokumpu, a global leader in sustainable stainless steel, is leading the charge toward a greener steel industry. As part of its ambitious emission reduction targets, Outokumpu's Kemi mine aims to become the world's first carbon-neutral mine by 2025. The company is well on its way to achieving this milestone, thanks to a groundbreaking partnership with Neste, a leading producer of renewable diesel.Outokumpu recognizes the urgency of the climate crisis and is determined to align with the 1.5-degree ambition. The Kemi mine's carbon neutrality is a multi-million-euro investment expected to slash nearly 40 million kilos of greenhouse gas emissions for Outokumpu when realized.Three fundamental pillars underpin the Kemi mine's journey to carbon neutrality: the abandonment of fossil fuels, the integration of low-emission electricity, and the substitution of natural and propane gas in heating processes. The initial step involves the transition to renewable fuels, with the ultimate goal of minimizing emissions across the entire value chain.The Kemi mine holds a unique position as the sole chrome mine within the European Union and is an integral part of Outokumpu's sustainable supply chain, serving its stainless steel mill in Tornio. This collaboration also bolsters job opportunities in Finland.Outokumpu's commitment to sustainability extends beyond mere rhetoric. In recent years, the company invested over EUR 280 million to deepen its underground mine, securing a reliable source of chrome, a crucial raw material for stainless steel production. Notably, Outokumpu's ferrochrome production boasts a 67% lower carbon footprint than the industry average, contributing to the company's status as a low-carbon leader in the market.The green transition at the Kemi mine marks a milestone in sustainability. Neste's renewable diesel, derived from 100% renewable raw materials, replaces fossil fuels in various mine operations, including machinery, trains, and power sources. This partnership represents the first-of-its-kind collaboration between a mine and the steel industry in Europe.Outokumpu's entire fleet, both in-house and contracted, will fully transition to Neste MY Renewable Diesel™. This shift promises an immediate 90% reduction in greenhouse gas emissions over the fuel's life cycle, a significant contribution to Outokumpu's climate targets.ComnclusionOutokumpu's journey to make its Kemi mine carbon-neutral by 2025 demonstrates a profound commitment to sustainability, aligning with global climate goals. The strategic partnership with Neste signifies a significant step toward reducing emissions and ensuring a greener future for the steel industry.
