Company Announcement to the Danish Financial Supervisory Authority No. 01-2010, 22 February 2010
FLSmidth has been awarded contracts worth approximately USD 40m (approximately DKK 220m) from Vale Inco for the supply of comminution and sedimentation equipment for the processing plant project in Long Harbour, Newfoundland, Canada.
The scope of supply includes two FLSmidth ball mills (one concentrate, and one limestone grinding system), and thirteen Eimco thickeners and clarifiers which will be used as part of the hydrometallurgical flowsheet for recovering Nickel, Copper and Cobalt from deposits mined at Vale Inco Voisey's Bay mine in Labrador, Canada.
FLSmidth's Salt Lake City and Bethlehem offices in the US are working closely with the engineering and construction company Fluor in Canada, to provide the engineering, design and supply of all key components as well as pre-assembly for shipment to site, erection supervision and commissioning.
This project highlights FLSmidth's extensive experience in providing very large, innovative, pre-assembled process technology that will reduce construction time and installation costs.
The contract will contribute beneficially to FLSmidth's earnings until transfer of the equipment in 2011.
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Please address any questions regarding this announcement to Group Chief Executive Officer Jørgen Huno Rasmussen, FLSmidth & Co. A/S at +45 36 18 18 00.
For further information about FLSmidth, please visit www.flsmidth.com
Yours faithfully
Pernille Friis Andersen
Corporate Communications & Investor Relations