Lithium market could see modest recovery in 2025: Adams Intelligence
Firm expects global lithium demand to increase 26% to 1.46 million tonnes in 2025 on a lithium carbonate equivalent basis.
Johannesburg, South Africa, 26 May 2014 – Tenova Mining & Minerals announced today that its furnace specialist Tenova Pyromet has been awarded a significant contract by KCC Engineering & Construction (KCC), Republic of Korea, to build a mineral wool facility. Consisting of two electric arc furnaces, the new project will modernize KCC’s mineral wool production facility to reduce emissions and increase efficiency. The contract is due to be completed in mid 2016.
Tenova Pyromet will provide their latest furnace technology, developed over many years, ensuring that KCC owns and operates a world class facility. The electrode system has been proven in many applications, and will provide benefits to KCC in functionality and performance. The scope of work includes design, supply, supervision and process and equipment guarantees for the complete furnaces, the power supply and automation systems.
“This order has underpinned and affirms Tenova Pyromet’s position as an international first choice supplier of mineral wool furnaces. The order also demonstrates that Tenova Pyromet is the ideal partner for specialised smelter projects,” says Chris Oertel, Managing Director Tenova Pyromet. “This is a proud addition to Tenova Pyromet’s track record in mineral wool projects, which includes a major facility recently executed successfully in the USA.”
Tenova Mining & Minerals is a total integrated solutions provider to the global mining, bulk materials handling and minerals beneficiation and processing sectors, offering innovative technological solutions and full process and commodity knowledge across the mining industry value chain.
For more information visit www.tenova.com
