Stock Exchange release April 29, 2008 03:00:00 PM CET
Metso to supply a complete copper ore processing system to Zinkgruvan Mining AB in Sweden
Metso Corporation Press release on April 29, 2008 at 4.00 p.m.
Metso Minerals will supply a complete processing system for copper ore beneficiation to Zinkgruvan Mining AB for its mine in Southern Sweden. The delivery will be completed during the last quarter of 2009. The value of the order is approximately EUR 16 million.
Metso's delivery covers the primary and secondary crushing stages, grinding, flotation and pressure filtration, as well as the pumping and conveying of processed copper ore. The contract includes supervision of erection and start-up. The order is for a new copper processing line, which will be built parallel to the existing zinc and lead processing lines at Zinkgruvan. Once completed, the new line will increase Zinkgruvan's ore processing capacity by a third.
Zinkgruvan Mining AB is 100% owned by the Lundin Mining Corporation, a base metal producer with mining activities in Sweden, Ireland, Spain and Portugal. Lundin Mining is listed on NYSE, TSX and OMX and employs altogether some 3,500 people. The Zinkgruvan mine has been in operation since 1857. Metso has had an ongoing service agreement with the mine for over 10 years.
Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its almost 27,000 employees in approximately 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:
Jan-Ove Stene, Vice President, Mining, Scandinavia, Metso Minerals, tel. +46 410 52556
Wille Beckman, Vice President, Process Equipment, Metso Minerals, tel. +46 224 57149