Metso Corporation's press release on April 18, 2011 at 3:00 p.m. local time
Metso has signed a contract with Northland Resources AB for minerals processing equipment and works related to its two process lines in Kaunisvaara. The contract also includes equipment and project services. The contract complements Northland's previous order, announced by Metso in February 2011. The complete value of the two orders exceeds EUR 200 million.
According to the new contract Metso will supply a primary gyratory crusher, a semiautogenous grinding mill, 4 vertical grinding mills, and equipment for conveying, classification, separation and filtration to the Kaunisvaara project. The contract also covers all works related to the process plant system, excluding the building that houses the system and civil works related to it.
Metso's equipment deliveries to the Kaunisvaara project will be completed within the second quarter of 2014. The order announced in February amounted to approximately EUR 25 million and it was recorded in Mining and Construction Technology's Q1 orders received. The second order will be included in Q2 orders received.
"We are pleased to partner with Metso in the Kaunisvaara project. Metso's track record as a reliable supplier of equipment and services to mining companies operating in northern Sweden were critical factors in our decision-making", states Karl-Axel Waplan, President and Chief Executive Officer of Northland Resources AB.
"We are very excited about this project. It will mark another milestone in Metso's mining projects in northern Europe. We take it as a positive challenge to meet with the high demands of Northland's experienced project team", says Andrew Benko, President of Mining and Construction Technology, Metso.
Northland Resources is a development-stage mining company with a portfolio of iron ore projects in Northern Sweden and Finland. The company's Kaunisvaara project will exploit magnetite iron ore deposits, feeding a single, multi-line processing facility in Sweden. The process yields high-grade, high-quality magnetite iron concentrate.
The total project delivery, including what was announced in February, comprises two 1200 tph (tons per hour) primary gyratory crushers, two 761 tph autogenous/ semiautogenous grinding mills, each with 34 x 18,75 feet dimensions; seven vertical grinding mills rated at 3,000 horsepower each and six flotation cells sized 200 m² each. The equipment package also includes several conveyors, screens and feeders, as well as equipment for magnetic separation and pressure filtration. Furthermore, Metso's supply includes plant service equipment, electrical & automation works, project management, engineering, site management and erection services for the process plant.
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 28,500 employees in more than 50 countries. www.metso.com
For further information for the press, please contact:
Andrew Benko, President, Mining and Construction Technology, Metso, tel. +358 20 484 3100
Alf Rydberg, Commercial Manager, Mining and Construction Technology, Metso, tel. +46 705 245837
Wille Beckman, Vice President, Mining and Construction Technology, Metso, tel. +46 224 57149