Stock Exchange release August 10, 2006 09:05:30 AM CET
Metso to supply mining equipment to Mt Isa Mine in Australia
Metso Minerals will supply grinding, crushing and screening equipment to Xstrata Plc's Mt Isa Mine operation in Queensland, Australia. The value of the order is approximately EUR 20 million. The delivery will be completed by the end of 2007.
The order comprises a SAG mill with dual drive 2 x 5,750 kW and two ball mills with dual drives 2 x 5,750 kW each, a cone crusher and a discharge vibrating screen, complemented by installation services and spare parts. The equipment is for expanding the mine operation with a new lead and zinc concentrator plant.
With deposits in silver, lead, zinc and copper, Mt Isa mine is considered highly productive. Following this expansion it will become the world's third largest zinc mine producing 800,000 tonnes of zinc concentrate annually.
Xstrata Plc is a major global diversified mining group, listed on the London and Swiss stock exchanges and based in Switzerland.
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.
For further information, please contact:
Mark Glendenning, President, Asia-Pacific, Metso Minerals (Australia) Limited,
tel. +61 8 9420 5566
Jeffery A. Leonard, Senior Vice President, Grinding & Process Equipment, Metso Minerals,
tel. +1 717 849 7464
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation,
tel. +358 20 484 3253