Metso to supply mining equipment to TISCO in China
Metso Corporation's stock exchange release on June 22, 2010 at 1:00 p.m. local time
Metso will supply mining equipment to TISCO's iron ore processing plant in Lan county Shanxi Province China. The delivery will be completed during the third quarter of 2011. The value of the order is approximately EUR 30 million. The order is included in Mining and Construction Technology's Q2 orders received.
The order comprises three semi-autogenous mills as well as related start-up and commissioning services.
The order will be delivered to TISCO's new iron ore processing plant, expected to be completed in 2012. The annual processing capacity of the plant's three grinding lines will be 22 million tons of raw ore, which will be the largest capacity in China.
TISCO is China's largest and also one of the world's largest producers of stainless steel. In 2009, TISCO's turnover was about EUR 10 billion.
Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com
Further information for the press, please contact:
Xiaofeng Liang, VP, China, Mining and Construction Technology, Metso, tel. +86 13 8012 88953
Wang Yiqun, Project Manager, China region, Mining and Construction Technology, Metso, tel. +86 13 8011 22516
Further information for investors, please contact:
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253
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