Taconite Project

Outotec provides Pelletizing Plant Feasibility Study for Taconite Project

04/03/2012 | Editor: Marcel Dröttboom

New Millennium Iron has engaged Outotec to provide feasibility engineering for the pelletizing plant facility for the Taconite Project Feasibility Study. (Picture: Outotec)
New Millennium Iron has engaged Outotec to provide feasibility engineering for the pelletizing plant facility for the Taconite Project Feasibility Study. (Picture: Outotec)

New Millennium Iron has engaged Outotec to provide feasibility engineering for the pelletizing plant facility for the Taconite Project Feasibility Study, currently being undertaken jointly by New Millennium Iron and Tata Steel.

Calgary (AB), Canada – Outotec has commenced work on the study and it is expected that the contract will be successfully negotiated over the next few weeks. Outotec will work closely with the Study Manager SNC-Lavalin to provide the necessary input for the completion of the Study.

Dean Journeaux, President and CEO of New Millennium Iron (NML), said: “The engagement of Outotec is a welcome addition to our engineering team. Outotec is currently involved in the development of the world’s largest pelletizing plant for a Brazilian company, but also because they have a very long history in providing pelletizing technology.” He added that NML’s goal is to be a low cost producer of quality pellets to meet the requirements of potential customers. In addition to supplying Tata Steel Europe’s plants, NML and Tata Steel are in discussions with interested steelmakers regarding their off-take requirements. By employing state of the art equipment design, NML is expected to be placed amongst the most competitive suppliers of pellets in the seaborne market.”

Project Development Status

Pilot plant tests are currently underway at the German Steel Industry Association’s (Studien Gesellschaft für Eisenerz-Aufbereitung - “SGA”) facilities, located in Northern Germany. Various grades of pellet feed are expected to be produced during the months of March and April for pelletizing tests. Pot grate tests are expected to be conducted in Q2/2012, in conjunction with Outotec, to produce different types of high quality pellets. The products are anticipated to meet the requirements of both blast furnace (BF) iron and direct reduced iron (DRI) producers. These tests will also yield design parameters for Outotec to configure two 816 sq. meter travelling grates. Pellets produced in the pot grate furnace will be supplied for evaluation purposes to interested steelmakers.

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