Outokumpu Oyj and Outotec Oyj reach an agreement on the patent dispute
OUTOKUMPU OYJSTOCK EXCHANGE RELEASEJanuary 9, 2017 at 3.00 pm EET Outokumpu and Outotec have reached an agreement regarding innovations on ferroalloys technology and the related license fees to Outokumpu. The agreement follows the arbitral award of August 28, 2015 which confirmed that Outokumpu and Outotec are the joint owners of the disputed innovations. With the agreement, both parties withdraw from their claims. Outotec is granted an exclusive right to sell and license the relevant innovations and technology against an agreed license fee payable to Outokumpu. Outokumpu