Products

Gold

Much more than jewellery

All that glitters is gold, at least when it comes to the 3,000 tonnes or so of gold mined annually around the world. In addition, around 1,000 tonnes of gold are recycled. The jewellery industry remains the biggest user of this precious metal, while one third of all gold in the world is kept by central banks and an even larger share is in private ownership. The market for precious metals is controlled in large part by these financial operators. However, qualities such as high durability, good conductivity, high temperature resistance and resistance to corrosion mean gold is very much in demand within the electronics, aerospace and pharmaceuticals industries. Mobile telephones and computers are two good examples of where gold is an important metal.

We produce around 20,000 kg of gold every year. Of that amount, approximately 5,000 kg is recovered from electronic scrap, and the rest is from our own and external mines.

We produce gold in the form of bars or granules at our smelters in Rönnskär and Harjavalta.

The major part of our gold is sold to the jewellery industry, but the manufacturing industry and the financial sector are also important customers.

Chemical symbol: Au
Appearance: Yellow
Melting point: 1,064 °C
Boiling point: 2,856°C

satellites are usually covered by a thin layer of gold as it resists electromagnetic radiation. Gold is a very ductile metal. One gram can be beaten to cover an area of one square metre.

Gold mines:
Aitik
Kristineberg
Renström

Gold smelters:
Harjavalta
Rönnskär