Press release January 9, 2012 02:00:00 PM CET

Metso to supply crushing equipment to Camargo Corrêa's dam project in Venezuela

Metso Corporation's press release on January 9, 2012 at 3:00 p.m. local time

Metso has signed a contract with Camargo Corrêa and Hydrologic Company to supply equipment to the new crushing and screening plant in Venezuela. The new plant is part of the TUY-IV project, which includes the construction of a dam to supply water to Caracas. The project will be built in the northern part of the Acevedo Municipality of Miranda State in Venezuela.  In addition to equipment, the contract includes supervision services. The value of the order is some EUR 10 million.

According to the contract, Metso will supply a complete stationary crushing and screening plant as well as spare parts and automation systems. The contract also includes assembly supervision.

 "This contract is added validation of the successful collaboration between Metso and Camargo Corrêa. It is worth noting that this project is unprecedented since the crushing plant supplied by Metso will be also fully automated by Metso," notes Dionísio Covolo, Commercial Director for Construction Equipments, Metso.

Delivery is scheduled for the first quarter of 2012 and the project start-up is expected to occur in the same year. The delivery has been included in Metso Mining and Construction fourth quarter 2011 orders received.

Technical information

The complete order comprises two C140 jaw crushers, two HP4 cone crushers, a HP400 cone crusher, TS2.2 and Vibraline 60"x72" screens, two TS5.2 screens, two TS6.2 screens, two Barmac vertical shaft impactors, three belt feeders, a structure for  stationary crushing plant for HP400 cone crusher, and several belt conveyors. The nominal production capacity of the plant will be 800 tons per hour.

Camargo Corrêa Group is one of the largest private business conglomerates in Brazil. Born of a small construction company in 1939, the group now operates in 18 countries and employs approximately 58,000 professionals. A diversified company group, with strong performance in the value chain of infrastructure, engineering, construction, power generation and distribution, public service concessions, real estate, industrial and marine oil and gas. In the industrial sector operates in cement, steel, footwear and textiles.

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 29,000 employees in more than 50 countries. www.metso.com

For further information, please contact:

Dionísio Covolo, Commercial Director for Construction Equipment, Mining and Construction, Metso Corporation, tel +55 15 2102-1533