OUTOTEC OYJ PRESS RELEASE AUGUST 3, 2010 AT 10.00 AM
Outotec to deliver chromite sintering technology to Xstrata Merafe in South Africa
Outotec has signed a contract with RB Met Engineering (Pty) Ltd and Xstrata Merafe PSV on the delivery of chromite sintering technology to Xstrata Merafe's ferrochrome plant located in Rustenburg in South Africa. The contract value is approximately EUR 17 million.
Outotec's scope of delivery covers basic engineering, technology license and supply of proprietary equipment as well as services for training and supervision of installation and plant commissioning. The plant will treat 600,000 tonnes of chromite ore annually. Xstrata Merafe's project is subject to an environmental permit by local authorities in Rustenburg and the plant is expected to be operational in 2012.
"Outotec® Ferrochrome Process is rewarded for its sustainability, because it improves energy efficiency and reduces carbon footprint of the plant. For Outotec, this is the third chromite sintering project with Xstrata Merafe in South Africa," says Outotec's CEO Pertti Korhonen.
The order is included in Outotec's 2010 second quarter order intake and backlog.
For further information, please contact:
Pekka Erkkilä, President - Ferrous Solutions business area
tel. +358 20 529 2143
Eila Paatela, Vice President - Corporate Communication
tel. +358 20 529 2004, +358 400 817198