Metso Corporation

PINKSHEETS : MXCYY
HEX : MEO1V


December 05, 2012 05:12 ET

Metso signed major services and equipment contract with Russian Copper Company

HELSINKI, FINLAND--(Marketwire - Dec 5, 2012) - Metso Corporation's press release on December 5, 2012 at 12.00 p.m. local time

Combining our world class equipment and extensive service capabilities to provide customers complete solutions

Metso and ZAO Russian Copper Company (RMK) have signed a contract to supply crushing, screening and grinding equipment - as well as on-site services for six years -to the first plant of the new Tominsky GOK copper concentrator in the Chelyabinskya region in southwestern Russia. The complete value of the order is approximately EUR 150 million. The complete value of the equipment order amounts to approximately EUR 65 million.

Under the current equipment contract, Metso will supply a primary gyratory crusher, three cone crushers, one semi-autogenous grinding mill, three screens and three ball mills for the first plant of the new Tominsky GOK copper concentrator.

The delivery also includes on-site supervisory services for the installation and commissioning, and on-site training for operating personnel. The equipment deliveries will be completed in fourth quarter 2015.

Metso's six-year life-cycle service contract includes maintenance; planning and operational assistance, process and product support services, as well as wear and spare parts and components for the comminution circuit. Metso will also maintain auxiliary equipment for the whole comminution circuit from the gyratory crusher to the hydro-cyclones.

The capital equipment order and the first year's annual value of the services contract are included in Metso Mining and Construction's third quarter 2012 orders received.

ZAO Russian Copper Company (RMK) was founded in 2004. It produces copper concentrate, copper cathodes and copper rods. The startup of the first plant of Tominsky GOK is planned for fourth quarter of 2016.

Metso's mining and construction professionals specialize in always bringing the right technology, processes, machinery and services to our customers in the aggregates production, construction, mining and minerals processing.

www.metso.com/miningandconstruction

Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries deliver sustainability and profitability to customers worldwide. Expect results.

www.metso.com ,www.twitter.com/metsogroup

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.

Source: Metso Corporation via Thomson Reuters ONE

[HUG#1662704]

Contact Information

  • For further information for the press, please contact:

    Jerry Dubiansky
    VP, Capital Equipment, Mining and Construction
    Metso
    tel. +1 717 578 6823.

    Simon Pelletier
    SVP, Life Cycle Services, Mining and Construction
    Metso
    tel. +1 514 515-2780.

    Alexey Muzychkin
    VP, Russia & CIS, Mining and Construction
    Metso
    tel. +7 495 915 29 30