[ Industry Update ]
18- 20 November 2025 | Maastricht, NL
[ Industry Update ]
Outokumpu signs MoU with Boston Metal
the supply chain for its inert anode— an essential component of MOE for Green Steel.
Greenland Resources signs a MOU with Hempel
Outokumpu has signed a Memorandum of Understanding with Boston Metal, a technology company redefining global metals production, to enhance the production of critical carbon-free metals vital for industries such as defence and aerospace. Under the MoU, the companies intend to initiate a joint development project related to the use of Outokumpu’ s highquality chromium material in critical components of Boston Metal’ s proprietary Molten Oxide Electrolysis( MOE) technology and to further improve Outokumpu’ s operations’ efficiency and circularity. As part of the agreement, Boston Metal will evaluate and test their MOE technology with the aim of further improving side-stream recycling within Outokumpu’ s operations and improving Outokumpu’ s overall circularity approach. Outokumpu will provide chrome-oxide and chromium feedstock which originated from their Kemi mine in Finland to Boston Metal with the aim to help expand and further secure
Greenland Resources Inc. has signed a memorandum of understanding for long term molybdenum supply with Düsseldorf based company Hempel Metallurgical GmbH, a major supplier of molybdenum to the German steel industry. The MOU sets the path for a supply agreement of Molybdenite concentrate as well as secondary products like Ferromolybdenum and Molybdenum Oxide. The partnership focuses on supplying high quality low emissions molybdenum from Greenland to the German steel industry with roasting in Belgium. According to the International Molybdenum Association, in 2024 Germany used 16.3 million pounds of molybdenum making it the major molybdenum user in the European Union followed by Italy and Finland. More than 80 % of the metallic materials( including carbon and stainless steels) to be used for defence applications require molybdenum alloying.
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Stainless Steel World Conference & Expo
18- 20 November 2025 | Maastricht, NL
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