Outotec to deliver alumina calcination plant to CBA, Brazil

OUTOTEC OYJ STOCK EXCHANGE RELEASE, JULY 11, 2007 AT 0.35 PM

Outotec has been awarded a contract by Companhia Brasileira de Alumínio S.A. (CBA) for the supply of an alumina calcination plant in Alumínio (SP), Brazil. The contract value exceeds EUR 40 million.

Outotec's scope of delivery covers the engineering, supply and construction of a circulating fluid bed calcination plant with a capacity of 1,600 tons alumina per day. The start-up of the new plant is scheduled for June 2009.

CBA belongs to Votorantim Group and is the biggest integrated aluminum manufacturer in the world, with a total annual production of 470,000 tons of primary aluminum. The new unit will complement the two existing calcination plants, which Outotec delivered in 1984 and 1990, and it will guarantee sufficient supply of alumina also for CBA's further expansion planned for a production of 570,000 tons aluminum per year by 2010.

Outotec's President and CEO Tapani Järvinen said: "This is our third alumina calciner delivery to the same customer. Our experience and reputation of offering first class alumina technology, combined with reliable project execution, helped to secure this contract and firmly establish Outotec's position as one of the leading technology providers for the aluminum industry. In June we announced the delivery of two alumina calciners to Russia and several technology deliveries to China."  

For further information please contact:

Outotec GmbH

Roger Bligh, Vice President - Aluminum Technologies

tel. +49 6171 9693 615

e-mail: roger.bligh(at)outotec.com

Outotec Oyj

Eila Paatela, Vice President - Corporate Communications

tel. +358 20 529 2004, mobile +358 400 817198

e-mail: eila.paatela(at)outotec.com