Stock exchange release
June 22, 2010 01:00 PM EEST
Metso to supply mining equipment to TISCO in China
Metso Corporation's stock exchange release on June 22, 2010 at 1:00 p.m. local
Metso will supply mining equipment to TISCO's iron ore processing plant in Lan
county Shanxi Province China. The delivery will be completed during the third
quarter of 2011. The value of the order is approximately EUR 30 million. The
order is included in Mining and Construction Technology's Q2 orders received.
The order comprises three semi-autogenous mills as well as related start-up and
The order will be delivered to TISCO's new iron ore processing plant, expected
to be completed in 2012. The annual processing capacity of the plant's three
grinding lines will be 22 million tons of raw ore, which will be the largest
capacity in China.
TISCO is China's largest and also one of the world's largest producers of
stainless steel. In 2009, TISCO's turnover was about EUR 10 billion.
Metso is a global supplier of sustainable technology and services for mining,
construction, power generation, automation, recycling and the pulp and paper
industries. We have about 27,000 employees in more than 50 countries.
Further information for the press, please contact:
Xiaofeng Liang, VP, China, Mining and Construction Technology, Metso, tel. +86
13 8012 88953
Wang Yiqun, Project Manager, China region, Mining and Construction Technology,
Metso, tel. +86 13 8011 22516
Further information for investors, please contact:
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel.
+358 20 484 3253
Executive Vice President and CFO
Vice President, Investor Relations
NASDAQ OMX Helsinki Ltd