Brussels, 02/10/2012 (Agence Europe) - On 25 September the European Investment Bank (EIB) announced that it would lend €45 million to Outotec Oyj for research and development (R&D) activities to develop environmentally friendly technologies.
The EIB loan will encourage R&D activities in several areas including mineral and metallurgical processing, water treatment, energy-related applications like heat recovery, combustion and gasification, and gas handling. The R&D activities will focus on the development of more efficient mineral and metallurgical process methods needed to address the decline in ore grades; the improvement of procedures for recovery and recycling of metals and raw materials; the reduction of energy and water consumption in processes; and the efficient capturing of useful by-products. The activities will take place in the company's R&D centres in Pori (Finland) and Frankfurt (Germany). (OL/transl.fl)