Outotec Signs Ferrochrome Plant Delivery Agreement with TISCO Joint Venture in China

Outotec (OTC Pink:OUKPF) announced it has signed an agreement for a joint  venture ferrochrome plant in China.

As quoted in the press release:

The plant annual throughput is 700,000 tonnes of chromite pellets and it produces 300,000 tonnes of ferrochrome per year. The new plant is estimated to become operational in 2013.

Click here to read the Outotec (OTC Pink:OUKPF) press release.