European Steel Tests New Metal Extraction
Finnish company Outokumpu is testing a new chromium extraction technology that relies on sulfur instead of coal, aiming to produce purer materials and reduce emissions. There is potential to expand this method to extract other metals such as nickel. The technology aims to improve production processes and decrease dependence on external supply chains, especially since the chromium mine operated by the company is the only one in the European Union. A pilot plant is expected to start operations in New Hampshire during the first half of 2027, with a plan to establish an industrial-scale facility in Europe or America by 2030. Since 2021, the company has invested around $45 million in this initiative. This technology represents an important step toward diversifying sources of strategic metals and reducing reliance on China, with a focus on lowering production costs and achieving environmental sustainability in the steel industry.
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