SOURCE: Metso Corporation

June 22, 2010 06:11 ET

Metso to supply mining equipment to TISCO in China

HELSINKI, FINLAND--(Marketwire - June 22, 2010) -

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.

Further information for the press, please contact:

Xiaofeng Liang, VP, China, Mining and Construction Technology, Metso, tel.
13 8012 88953

Wang Yiqun, Project Manager, China region, Mining and Construction
Metso, tel. +86 13 8011 22516

Further information for investors, please contact:
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation,
+358 20 484 3253

Metso Corporation

Olli Vaartimo
Executive Vice President and CFO

Johanna Henttonen
Vice President, Investor Relations

NASDAQ OMX Helsinki Ltd


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

All reproduction for further distribution is prohibited.

Source: Metso Corporation via Thomson Reuters ONE

Contact Information