OUTOTEC OYJ PRESS RELEASE DECEMBER 12, 2012 at 2.00 PM
Marketing rights for Ausmelt TSL zinc fuming technology to Outotec
Outotec has agreed with Korea Zinc Company on the global marketing rights for the Ausmelt Top Submerged Lance (TSL) technology for the fuming of zinc bearing residues. Prior to the Outotec acquisition of Ausmelt Ltd in 2010, Ausmelt had granted exclusive marketing rights of its TSL zinc fuming technology to Korea Zinc Company. Outotec and Korea Zinc have now agreed to terminate the marketing agreement to enable each company to develop their respective businesses in a mutually beneficial way.
Outotec and Korea Zinc will continue to work together in good cooperation to provide the best value and expertise to the customers worldwide by combining the design, engineering and implementation experience gained in the reference plants.
Zinc residues are a by-product from the purification and refining of zinc. They have traditionally been stockpiled because there was no means to further extract various metals contained therein. The Ausmelt TSL zinc fuming technology is able to maximize the recovery of valuable metals from zinc residues and produce an environmentally-friendly slag product which is clean and safe as a substitute for aggregates and various construction materials.
"By combining Ausmelt TSL zinc fuming technology with our proprietary hydrometallurgical and gas cleaning technologies we can offer our customers a total plant solution for sustainable and resource-efficient zinc processing. This will provide significant economic and environmental benefits to the existing and future zinc producers globally", says Jari Rosendal, President of Outotec's Non-ferrous Solutions business area.
For further information please contact:
Kim Fagerlund, Vice President - Smelting, Non-ferrous Solutions
Tel. +358 20 529 2211
Eila Paatela, Director - Corporate Communications
Tel. +358 20 529 2004, mobile +358 400 817198