Company Announcement to the Danish Financial Supervisory Authority No. 19-2013, 7 August 2013
FLSmidth has won a 5-year contract from SCM Minera Lumina Copper for supply of maintenance services to their Caserones copper and molybdenum plant located in the Andes Mountains, approximately 865 km north east of the capital of Santiago, Chile.
The contract includes a mechanical maintenance organisation of some 110 persons which will provide the customer with a reduction in their overall maintenance costs and at the same time increase the production through higher reliability of the equipment while keeping a strong focus on health and safety.
"FLSmidth has many actives in Chile and we experience that our customers in the country generally have a positive and optimistic outlook for the future. With this new maintenance contract FLSmidth is undertaking two large maintenance contracts in Chile, and in combination, these contracts give us a strong foothold in the Chilean mining industry, while also opening up for other opportunities both in Chile and the region in general," Group Executive Vice President Bjarne Moltke Hansen comments.
SCM Minera Lumina Copper is a well-known customer to FLSmidth through earlier supplies of major equipment for the Caserones plant (see Company Announcement No. 15-2010).
The value of the order, which will be booked by the Customer Services division, is not disclosed. The order will contribute to FLSmidth's earnings until 2017 inclusive.
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Please address any questions regarding this announcement to Group Executive Vice President Bjarne Moltke Hansen, 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