Stock Exchange release February 21, 2006 12:00:46 PM CET
Metso to supply separation equipment to LKAB in Sweden
Metso Minerals will supply flotation machines and magnetic separators to the concentrating plant of the KK4 system expansion project at LKAB Kiruna Sweden. The value of the order is EUR 9.2 million. The estimated start-up of operation is the first quarter of 2008.
The Metso Minerals delivery comprises low intensity magnetic separators (LIMS), flotation machines, pumps and auxiliary equipment. The system will be used to upgrade the iron ore and reduce the phosphor content.
The delivery is part of LKAB's overall expansion of the mine and production facility in Kiruna. Earlier this year Metso announced an order worth EUR 65 million for a Grate Kiln system to the same Kiruna plant.
LKAB is the leading European producer of upgraded iron ore products for steelmaking. Headquartered in Luleå, Sweden, it had a net sales of EUR 975 million in 2004, and it employs approximately 3500 employees.
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 22 000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.