OUTOTEC OYJ PRESS RELEASE, OCTOBER 25, 2007 AT 2.00 PM
Outotec has agreed with Scandinavian Minerals Limited of Canada for the delivery of grinding technology for Scandinavian Minerals' Kevitsa project in Finland. The contract value exceeds EUR 20 million.
Kevitsa, located in Sodankylä in northern Finland, is an undeveloped sulfide nickel deposit containing also copper and platinum group metals. Outotec's scope of delivery consists of three fully autogenous grinding mills of Outotec's proprietary design, planned to treat approximately five million tonnes of ore per year. Outotec's fully autogenous mills will bring substantial savings in operational costs of the grinding circuit compared to traditional semi-autogenous mills.
The mills are due to be delivered in the first quarter of 2010 and the processing plant is planned to be operational in 2010.
For further information please contact:
Jari Rosendal, President - Minerals Processing division
tel. +358 20 529 2700, mobile +358 40 595 1456
Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, mobile +358 400 817 198