Stock Exchange release September 12, 2007 01:00:00 PM CET
Metso to supply grinding equipment to Platmin in South Africa
Metso Minerals will supply grinding equipment to Platmin Limited's Pilanesberg Platinum Mine in South Africa. The delivery will be completed during the first quarter of 2009. The value of the order is approximately EUR 15 million.
The order comprises four ball mills, which will be organized in two different streams for treating ore in the Pilanesberg platinum mine. Both streams include a ball mill for primary and a ball mill for secondary grinding. Together these streams can handle 420 tonnes of ore per hour. The order also includes start-up and commissioning services.
The Pilanesberg project is a development phase open-pit platinum mine with first production expected in early 2009. Platmin Limited is a Canadian mineral exploration and development company listed on the Toronto Stock Exchange and AIM market of the London stock exchange.
Metso is a global engineering and technology corporation with 2006 net sales of approximately EUR 5 billion. Its 26,000 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:
Dave Moon, Vice President, Southern Africa, Mining business line, Metso Minerals,
tel. +27 11 9614242
Roy Hazell, General Manager, Southern Africa, Mining business line, Metso Minerals,
tel. +27 11 961 4016