in Brazil. The company has agreed with Minerações Brasileiras Reunidas (MBR)
upon the delivery of process equipment for a pelletizing plant to be built in
Nova Lima, Minas Gerais, Brazil. The contract value exceeds EUR 110 million.
This deal is continuation to the engineering contract the companies announced in
for a pellet indurating furnace and the other for a green pelletizing system.
Once operational, scheduled in mid-2008, the plant will produce 7 million tonnes
iron ore pellets per year.
locally in Brazil.
Itabiritos Project, a USD 760 million investment, which, in addition to the
pelletizing plant, includes a new 10 million tonnes per year iron ore
concentrator and a 5 km pipeline.
Technology. The new MBR plant will already be the 12th pelletizing plant in
Brazil using our traveling grate process. This deal demonstrates our reliability
and technological leadership in new investments in the mining and metals
industries", says Tapani Järvinen, President & CEO of Outokumpu Technology.
tel. +358 20 5292000
tel. +49 6171 9693 354
tel. +358 20 5292004, mobile +358 400 817198
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