Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material.
Valmet Oyj is a Finnish company and a developer and supplier of technologies, automation systems and services for the pulp, paper and energy industries.
Outokumpu Oyj is a group of international companies headquartered in Helsinki, Finland, employing 10,600 employees in more than 30 countries. Outokumpu is the largest producer of stainless steel in Europe and the second largest producer in the Americas. Outokumpu also has a long history as a mining company, and still mines chromium ore in Keminmaa for use as ferrochrome in stainless steel. The largest shareholder of Outokumpu is the Government of Finland, with 26.6% ownership, including the shares controlled by Solidium, The Social Insurance Institution of Finland, Finnish State Pension Fund and Municipality Pension Agency.
Outokumpu is a town and municipality of Finland. It is located in the North Karelia region, 48 kilometres (30 mi) west of Joensuu and 92 kilometres (57 mi) east of Kuopio. The municipality has a population of 6,503 and covers an area of 584.05 square kilometres (225.50 sq mi) of which 138.22 km2 (53.37 sq mi) is water. The population density is 14.59 inhabitants per square kilometre (37.8/sq mi). The most important road connection in the locality is Highway 9.
Metso Oyj was a Finnish industrial machinery company focusing on providing technology and services for mining, aggregates, and oil and gas, recycling, pulp and paper and other process industries.
Boliden AB is a Swedish multinational metals, mining, and smelting company headquartered in Stockholm. The company produces zinc, copper, lead, nickel, silver, and gold, with operations in Sweden, Finland, Norway, and Ireland.
NMDC Limited, formerly National Mineral Development Corporation, is a central public sector undertaking. It is under the ownership of Ministry of Steel, Government of India.
The mining industry in India is a major economic activity which contributes significantly to the economy of India. The GDP contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector it contributes around 10% to 11%. Even mining done on small scale contributes 6% to the entire cost of mineral production. Indian mining industry provides job opportunities to around 700,000 individuals.
Larox, founded in 1977 and headquartered at Lappeenranta, Finland, was a Finnish engineering company that developed, designed and manufactured industrial filters for use in mining and metallurgy, chemical processing and related industries.
FLSmidth & Co. A/S is a Danish multinational engineering company based in Copenhagen, Denmark. With over 10,000 employees worldwide, it provides global cement and mineral industries with factories, machinery, services and know-how. FLSmidth is listed on NASDAQ OMX Nordic Copenhagen in the C20 index and has offices in more than 50 countries worldwide.
The mineral industry is one of the main sectors of the Armenian economy and in 2017 accounted for 30.1% of its exports.
Mining is the biggest contributor to Namibia's economy in terms of revenue. It accounts for 25% of the country's income. Its contribution to the gross domestic product is also very important and makes it one of the largest economic sectors of the country. Namibia produces diamonds, uranium, copper, magnesium, zinc, silver, gold, lead, semi-precious stones and industrial minerals. The majority of revenue comes from diamond mining. In 2014, Namibia was the fourth-largest exporter of non-fuel minerals in Africa.
Chile–Finland relations are foreign relations between Chile and Finland. Chile recognised Finland's independence on June 17, 1919. Diplomatic relations between them were established in 1931 and have been continuously maintained, despite pressures at times to discontinue them. The two countries maintain resident ambassadors in both capitals.
Mining in the United Kingdom produces a wide variety of fossil fuels, metals, and industrial minerals due to its complex geology. In 2013, there were over 2,000 active mines, quarries, and offshore drilling sites on the continental land mass of the United Kingdom producing £34bn of minerals and employing 36,000 people.
Flash smelting is a smelting process for sulfur-containing ores including chalcopyrite. The process was developed by Outokumpu in Finland and first applied at the Harjavalta plant in 1949 for smelting copper ore. It has also been adapted for nickel and lead production.
Peak minerals marks the point in time when the largest production of a mineral will occur in an area, with production declining in subsequent years. While most mineral resources will not be exhausted in the near future, global extraction and production has become more challenging. Miners have found ways over time to extract deeper and lower grade ores with lower production costs. More than anything else, declining average ore grades are indicative of ongoing technological shifts that have enabled inclusion of more 'complex' processing – in social and environmental terms as well as economic – and structural changes in the minerals exploration industry and these have been accompanied by significant increases in identified Mineral Reserves.
Iron ore mining in Western Australia, in the 2018–19 financial year, accounted for 54 percent of the total value of the state's resource production, with a value of A$78.2 billion. The overall value of the minerals and petroleum industry in Western Australia was A$145 billion in 2018-19, a 26 percent increase on the previous financial year.
Solidium Oy is a Finnish state-owned investment company. Founded in 1991, Solidium's original purpose was to manage the property of SKOP Bank, which went bankrupt in the early 1990s recession. In 2008, the purpose of Solidium was changed to manage the listed minority shareholdings of the Finnish Government. Previously, the government directly owned the stock, and transferring them under a single company was the work of Minister of Trade and Industry Jyri Häkämies. On 1 August 2022, the net asset value of Solidium was EUR 8,968 million.
Maija-Liisa Friman is a Finnish business executive who has served on the boards of several Finnish companies. In recent years, the Finnish weekly magazine Talouselämä has listed her as one of the most powerful Finnish women in business.
Metso Outotec Oyj is a Finnish publicly traded company that was established in 2020 when Outotec and Metso Minerals merged. The company is focusing on providing technology and services for aggregates, minerals processing and metals refining industries.
