Release date: 25 January 2012
Promoter – Financial Intermediary
Outotec Oyj
Location
Description
R&D activities concerning the development of technologies and applications for minerals and metallurgical processing as well as other related processes.
Objectives
Development of more efficient mineral and metallurgical process solutions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 45 million
Total cost (Approximate amount)
EUR 110 million
Environmental aspects
The project concerns primarily investments in research and development that are expected to be carried out in existing facilities already authorised and would therefore not require an EIA under Annex II of the Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. The project however might also include capital expenditures related to the R&D activities. Whether these investments fall under Annex II of the EIA Directive, along with any other environmental issues, will be clarified during the project’s appraisal.
Procurement
The promoter is a private sector company operating in the manufacturing sector not covered by EU Directives on procurement.
Status
Signed - 25/09/2012
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).