Harsco Corp. announced that its newest operating division, Excell Minerals, has landed two contracts in Europe: one in France, the other in Germany. The two contracts total more than $20 million in new revenue. Harsco acquired Excell early this year. The company is involved with extracting high-value metal content from specialty steelmaking slag.
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Excell has been awarded a five-year contract in France at ArcelorMittal's Imphy Alloys specialty steel works. Excell will recover metallic content from the mill's slag, both from an existing stockpile and from the mill's ongoing production.
With Excell's metal recovery processes the company is able to extract close to 100 percent of the high-value metallic content from specialty steel slag. The Imphy works has committed to purchasing all of the extracted metal for reuse in new production, and Excell will also develop and market the processed aggregate materials throughout the region.
In addition to its metal recovery responsibilities at the Imphy Alloys works, Excell's contract calls for a broader range of ongoing mill services that will be assigned to Harsco's MultiServ division, thus continuing MultiServ's more than 15-year relationship at this location.
In Germany, Excell will continue its exploratory development work with BGH Freital, a specialty steel works where Excell has been developing techniques for processing specialty alloy steel slags. The plant produces almost 200 different kinds of steel with a total production of more than 175,000 tons per year. The new contract calls for Excell to implement additional steps to further recover the fine-scale metallic content from the mill's slags, while also continuing its research into regional markets for the aggregate material. The contract enables Excell to further develop its capabilities for extending services to small specialty steel producers who are seeking commercially viable and environmentally sound solutions for their steelmaking slags.
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