OUTOTEC OYJ PRESS RELEASE, SEPTEMBER 23, 2009 AT 12.00 AM
Outotec to deliver flash smelting technology to China
Outotec has made an agreement with Shanghang County Jinshan Trading Co. Ltd. on the supply of smelter technology and services. The end user will be Zijin Copper Co. Ltd. The contract value is approximately 7 million euros.
The agreement covers Outotec® Flash Smelting license, the supply of proprietary process equipment and services for Zijin's copper smelter project in Shanghang, Fujian Province, China.
The greenfield smelter is planned to produce an annual 200 000 tonnes of cathode copper. Outotec's material deliveries are scheduled to take place in the third quarter of 2010.
Outotec® Flash Smelting technology is the cleanest smelting method available for copper and nickel. Zijin will be the fifth smelter in China using the technology because of its low energy consumption and superior environmental performance.
For further information please contact:
Markku Jortikka, President - Base Metals division
tel. +358 20 529 2100
Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, +358 400 817198