Company Announcement No. 17-2015:
FLSmidth has received an order from the Russian minerals producer Norilsk Nickel Group of approximately DKK 600m for the engineering and supply of various bundled equipment for a complete 'process island' of the Group's Bystrinskoye copper-magnetite plant. The plant will be located in the Zabaikalsky Kral region in Eastern Siberia, Russia.
The order covers complete provision of an entire section of the plants' production line; which entails the engineering, supply and commissioning of copper-gold-magnetite separation and dewatering equipment for a concentrator with a capacity of 10 million tonnes per year.
The main equipment to be supplied is flotation cells, gravity concentrators, magnetic separators, pumps, cyclones, regrind mills, thickeners and filters as well as a complete plant automation system.
"The Russian mining industry continues its expansion and Norilsk Nickel is a well-established player within the industry. The order is based on a close and successful relationship with this customer. By supplying this full minerals processing solution with all the core equipment, we are able to guarantee the performance of the complete processing island. We experience that these types of guarantees for comprehensive processing islands are increasingly sought after by our customers in the mining industry as a way to ensure optimal productivity and single source responsibility," Group Executive Vice President of the Minerals Division Manfred Schaffer comments.
The order will be booked by the Minerals Division and contribute beneficially to FLSmidth's earnings until late 2017.
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Please address any questions regarding this announcement to Group Executive Vice President of the Minerals Division Manfred Schaffer, 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
Group Communications & Investor Relations