Outotec to deliver flotation technology for Boliden in Sweden

OUTOTEC OYJ PRESS RELEASE, NOVEMBER 9, 2007

Outotec has been awarded a contract by Boliden for the supply of a complete flotation circuit for Aitik mine's copper ore project in Sweden. Earlier this year Boliden has ordered engineering services from Outotec for the same project. The total value of these contracts is approximately EUR 25 million.

Boliden's Aitik mine is one of Europe's largest producers of copper and a major producer of gold and silver. New investments, including building a modern new concentrator, will double Aitik's annual production capacity to 36 million tonnes of ore.

Outotec's scope in this engineering and supply project comprises 52 flotation cells fully installed with auxiliary systems. The TankCell® units will also feature the latest field-proven and patented FloatForce(TM) mixing technology developed by Outotec. The deliveries will be completed during 2009.

In addition to this flotation contract, Outotec is currently delivering a regrinding pebble mill for Aitik based on an earlier order.

For further information please contact:

OUTOTEC OYJ

Jari Rosendal, President - Minerals Processing division

tel. +358 20 529 2700, mobile +358 40 595 1456

e-mail: jari.rosendal(at)outotec.com

Eila Paatela, Vice President - Corporate Communications

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

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

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