Home News 2006 Outokumpu Technology to deliver a large sinter plant for CSA in Brazil
Stock Exchange Release September 29, 2006 03:07:00 PM CET

Outokumpu Technology to deliver a large sinter plant for CSA in Brazil

OUTOKUMPU TECHNOLOGY OYJ STOCK EXCHANGE RELEASE SEPTEMBER 29, 2006 AT 3:05 PM


Outokumpu Technology has signed a significant contract with Brazilian iron ore
producer ThyssenKrupp CSA Companhia Siderúrgica (CSA) for the design and delivery
of a sinter plant for CSA. The total value of the contract amounts to EUR 160
million, of which approximately EUR 90 million will be recognized as sales of
Outokumpu Technology. The companies have announced the Letter of Understanding
(LoU) for the same project last week.


Outokumpu Technology's scope covers the entire engineering, supply of process
equipment, construction and start-up of the turnkey sinter plant, which CSA
plans to build in connection with its greenfield steel plant in Sepetiba, Rio de
Janeiro. The design capacity of the sinter plant will be 4.4 million tonnes
sinter per year and it is scheduled to start operation in 2009.


Approximately 65% of the contracted services and supplies will be sourced
locally in Brazil and the customer will pay directly part of those services to
local sub-suppliers. Consequently the sales value of the project to be through
Outokumpu Technology's books will be lower than the total contract value.


As agreed in the LoU, Outokumpu Technology has started the engineering work and
the management expects the full effectiveness of the contract, mainly subject to
local permits, by the end of 2006.


"This significant project will have a similar scope and size as the Samarco
project, the world's largest pellet indurating furnace that Outokumpu Technology
is currently building in Brazil.  We have also today announced the contract for the
MBR pelletizing plant, which, as well as CSA, will be the largest plant of its
kind in the world. These three significant Brazilian projects clearly
demonstrate our market leadership in iron ore processing technologies. The
majority of the world's iron ore pelletizing and sintering plants use Outokumpu
Technology's processes", says Tapani Järvinen, President & CEO of Outokumpu
Technology.


For further information please contact:


Tapani Järvinen, President and CEO, Outokumpu Technology Oyj
tel. +358 20 5292000


Rainer Lüdecke, Vice President - Commercial, Outokumpu Technology GmbH
tel. +49 6171 9693 354


Eila Paatela, Communications Manager, Outokumpu Technology Oyj
tel. +358 20 5292004, mobile +358 400 817198
info@outokumputechnology.com, www.outokumputechnology.com