Stock exchange release
August 4, 2010 02:00 PM EEST
Metso to supply mining equipment for Nordic Mines in Finland
Metso Corporation's stock exchange release on August 4, 2010 at 2.00 p.m. local
Metso will supply mining and minerals processing equipment and services for the
new gold ore processing plant of Nordic Mines Oy in Finland. The equipment
delivery will be completed during the first half of 2011, and the start of
commissioning of the concentrator will be in August 2011. The value of the order
is approximately EUR 30 million. The order is included in Mining and
Construction Technology's Q3 orders received.
The order comprises a full range of equipment and services necessary for the
project, including a mill, pumps, flotation equipment, crushers and screens. The
contract also includes steel structures, piping and a plant electrical,
instrumentation and automation package as well as related supervision, start-up
and commissioning services.
The equipment and services will be delivered to Nordic Mines Laiva Gold project,
near the city of Raahe in Finland. The annual processing capacity of the plant
will be two million tons of dry gold ore.
Nordic Mines is focusing in its operations on exploring for gold. At the moment
the company concentrates on developing the Laiva deposit, being one of the
biggest gold deposits discovered so far in the Nordic region.
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, please contact:
Alf Rydberg, Commercial Manager, Mining and Construction Technology, Metso, tel.
+46 705 245837
Perttu Louhiluoto, Senior Vice President, EMEA market area, Mining and
Construction Technology, Metso, tel. +358 40 556 5774
Executive Vice President and CFO
Vice President, Investor Relations
NASDAQ OMX Helsinki Ltd