Biggest entrepreneurs

Port of Sillamäe (SILPORT)

The port of Sillamäe is located in the North-East of Estonia, 25 km from the border between the European Union and the Russian Federation.

It is the easternmost port of the European Union in the Baltic Sea, which has a land links with the Eurasian mainland destinations by Tallinn - St. Petersburg route E20 and Tallinn - St. Petersburg Railway.

Port of Sillamäe is:

• the most eastern port of the EU;
• a deep-sea port;
• navigable and operating all year round;
• a multifunctional port;
• privately owned;
• a Free Zone.

website

NPM SIlmet OÜ

NPM SIlmet OÜ is one of Europe's largest rare metal and rare earth metal manufacturers, as well as the only processor outside of China with such a wide range of high-purity products. The company is global indeed  - 99% of the materials used for production are purchased from outside of Estonia (mainly Brazil, USA and Russia), with 99% of the output sold abroad (mainly the European Union, USA and Japan). NPM SIlmet OÜ has three plants: a rare earth metals plant with an annual production of 3,000 tonnes, a rare metals plant with an annual production of 700 tonnes and a metallurgy plant.

NPM SIlmet OÜ' products are used in the car industry, aviation industry and electronic industry, as well as in high-tech applications. Up to a tenth of the tantalum and up to a fifth of the metallic niobium consumed by the world is currently produced by NPM SIlmet OÜ.

The company was initially founded in 1920 when a Swedish company established a local oil shale processing plant in Estonia. In the Soviet times, the company operated under the name of Plant No. 7, processing uranium. The production of rare metals and rare earth metals was launched in the 1970s. In 1990, the company was renamed Silmet, with the uranium processing shut down and focus set on rare metals and rare earths production. In 2011, AS Silmet merged with the Molcorp Minerals and was renamed Molycorp Silmet AS, and after NPM SIlmet OÜ.