Stock Exchange release June 11, 2008 01:00:00 PM CET

Metso to supply an iron ore beneficiation plant to India

Metso Corporation Press release on June 11, 2008 at 2.00 p.m.
 
Metso Minerals will supply an iron ore beneficiation plant to BMM Ispat Ltd's Hospet-Bellary mine in Karnataka, Southern India. The delivery will be completed by the end of 2010. The total value of the order is approximately EUR 7 million.
 
The order comprises a scrubber, a spiral classifier, a high gradient magnetic separator (HGMS), a VPA vertical plate pressure filter, lamella thickeners, pumps as well as other related equipment, supervision of erection and commissioning.
 
The new plant beneficiates iron ore fines through gravity separation and high gradient magnetic separation. The plant will be able to treat 250 tonnes of iron ore fines per hour.
 
Established in 1976, BMM (Bharat Mines and Minerals) started out as an iron ore producer. The company established a power generation plant in 1998 and is today targeting to become a major steel producer.
 
 
Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 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.
 
 
Further information, please contact:
Andrew Lewis, Senior Vice President, Mining business line, Metso Minerals India,
tel. +44 7775 818 601