Carbon neutral Kemi mine by 2025
Outokumpu owns the only chrome mine in the EU, our Kemi mine in Finland. It is a benchmark for sustainable mining practices. Currently, Outokumpu’s ferrochrome delivers a verified 67% reduction in CO₂ emissions compared to the industry average.* Moreover, we are making Kemi the world’s first carbon-neutral mine by the end of 2025, further strengthening its sustainability credentials. The main factors to reach carbon neutrality at the Kemi mine are the utilization of carbon free electricity, using biofuels in transportation and machinery as well as replacing natural gas and propane gas with biogas in heating. Mining machinery electrification will also be extended to reduce the need for fuels.
With current mineral reserves sufficient to support operations until 2050, this will ensure a continuous supply of low-carbon chrome for decades to come. The mineral resources in the new depth are more than 90 million tonnes, and seismic measurements indicate that mineralization continues even further downwards.
Our ferrochrome production will account for approximately 5% of global capacity, and by production costs we are among the top 10 ferrochrome smelters. The company’s ferrochrome production facilities, located in close proximity to the mine in nearby Tornio, Finland, enable efficient logistics and operational resilience.
*Verified in the sustainability reporting assurance process by an independent assurer.
