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Finland – Rautaruukki to participate in Fennovoima nuclear power plant project

Nickel mining company Talvivaara also announced that it wants to continue in the project but the the company is said to be embroiled in financial difficulties

http://www.finlandtimes.fi/business/2014/02/27/5113/Rautaruukki–to-participate-in-Fennovoima-nuclear-power-plant-project

FTimes-STT Report, February 27
Steel company Rautaruukki has confirmed its continuation to invest in Fennovoima nuclear power plant project.

Rautaruukki contribution is approximated to be about 60 million euros in 10 years and its share of the production will about 40 MV.
Rautaruukki views the nuclear power project as a way to diversify electricity supply needed for the production of steel.

Participation of the steel company in the project was left open after the Swedish company SSAB announced its acquisition of Rautaruukki in January.

Last week Outokumpu another steel company announced its continuation in the project.

Nickel mining company Talvivaara also announced that it wants to continue in the project but the the company is said to be embroiled in financial difficulties. –

February 27, 2014 - Posted by | Uncategorized

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