Ferrovan Oy recognizes that socially acceptable and environmentally sound practices as well as accountability of all actions are preconditions for economic success.

New approach to producing metals and mineral products

Metals are produced globally by mining and from recycled materials. Recycling is material-efficient as it preserves the natural resources by replacing virgin raw materials. Ferrovan Oy is planning to start vanadium production by processing vanadium containing slag from SSAB’s steel plants in Finland and Sweden.

Public hearing in Raahe, August 30th 2016

Recycled raw material will be used effectively

The plant to be built at the port of Raahe will be using steel industry slag as raw material. In the planned process vanadium and iron are extracted, leaving a slag which can be used in the construction and cement industries. The new innovative and cost-effective process solution will be contributing to a circular economy.

Permitting and land use

Raahe plant

Land use planning

Land use plan of the Raahe harbour area has been approved and is effective as of June 2017. The land use planning documentation is available through the website of the town of Raahe (in Finnish only).

Environmental Impact Assessment

The Environmental Impact Assessment process of the Raahe plant has been completed and the estimated impacts on land use, air quality, water and traffic are included in the Environmental Impact Statement. The authority (Centre for Economic Development, Transport and the Environment) has published the statement in their online services (in Finnish only). The environmental permit application for the plant has been submitted to the authorities in November 2017.