Company Announcement to the Danish Financial Supervisory Authority No. 42-2012, 27 November 2012
FLSmidth has won a five-year contract worth approximately 190m USD
(1,1bn DKK) from Minera Los Pelambres to supply maintenance services for their copper and molybdenum plant in central Chile. Minera Los Pelambres is owned by AMSA - Antofagasta Minerals.
The contract is a five-year extension of FLSmidth's current maintenance contract that dates back to the turn of the century. All major process equipment at the plant has been supplied by FLSmidth, starting in the late 1990's and with subsequent additions in 2003-2007. The Pelambres plant processes around 175,000 tonnes of primary and secondary copper ore per day.
The maintenance contract will secure 455 jobs. It is awarded to FLSmidth as a consequence of the strong performance, high throughput and reliability achieved through continued focus on health and safety, reliability and availability of the equipment - and last but not least the successful cooperation between the parties involved.
"This order demonstrates the focus and synergies of our One Source strategy - with supplies of key equipment being supported by ongoing customer intimacy and responsive service. The value to our customers lies in the fact that FLSmidth can supply the complete process stream of equipment and provide our customers with technical support and maintenance service for the full lifetime of the plant," Group CEO Jørgen Huno Rasmussen comments.
The order will be booked by Customer Services and contribute beneficially to FLSmidth's earnings until 2017.
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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