Outokumpu Oyj · OMXHEX:OUT1V
Outokumpu Oyj — Technical Presentation (June 2018)
6 slides from Outokumpu Oyj's technical presentation, Jun 15, 2018
Slide 1: Focusing on reliability to increase FeCr efficiency
Focusing on reliability to increase FeCr efficiency Martti Sassi – Head of BA Ferrochrome
Slide 2: FeCr is an unique competitive advantage
FeCr is an unique competitive advantage • We are the only Western player with own chromite mine and FeCr assets • Stable source of income with confirmed chrome resources beyond 2040 and cost competitive FeCr smelters • Unique synergies for whole Kemi-Tornio integration o optimized feed of concentrat
Slide 3: Strong profitability in volatile market
Strong profitability in volatile market BA Ferrochrome BA Ferrochrome Adjusted EBITDA, EUR million Production, 1,000 tonnes Benchmark FeCr price, USD/lb Theoretical capacity 530,000 tonnes 250 $1.60 600 200 150 $1.20 400 100 $0.80 200 50 0 $0.40 0 2015 2016 2017 2015 2016 2017 Adjusted EBITDA FeCr p
Slide 4: SAF3 stabilization
SAF3 stabilization • H1/2017, unstable production due to several operational reasons • July 2017, emptying and restarting of furnace • Furnace operation currently very stable • Key actions to keep SAF3 under control o Root causes clarified and lessons learned o Furnace operations updated with latest
Slide 5: Utilization of IBM Watson in SAF's process control
Utilization of IBM Watson in SAF’s process control Target Achieved results • improve predictability of the Ferrochrome • New insights of SAF’s performance Submerged Arc Furnace (SAF) performance • Discovered new process thresholds • increase SAF efficiency and decrease process • Stabilized furnace o
Slide 6: Continuous improvement in concentrating plant
Continuous improvement in concentrating plant • Target to reduce cash conversion costs and ensure sustainable use of mineral reserves • Concentration plant recovery improvement project started in 2017 • Overall and fine concentrate recovery has been increased over 5% compared to the baseline in 2016