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FFE Minerals wins two major contracts with its newly developed technology

03.07.2006
Message to the Copenhagen StockExchange, No. 24 - 2006, 3 July 2006

FFE Minerals has signed a contract for a complete grinding plant and
a complete flotation plant for the Konkola Copper Mines expansion
project in Zambia and has been awarded a contract for the delivery of
eight (8) Excel 1100 hp cone crushers for the Fortescue Mining
Group's green field iron ore project in Australia. The combined
contracts are valued in excess of $US 68 million and validate the
acceptance by the Mining Industry of FFE Minerals latest technology.
Konkola Copper Mines is owned by Vedanta Resources, a FTSE 100 listed company.  The scope of supply includes the design, engineering, erection and commissioning of a six (6) million ton per annum grinding and flotation plant including material handling equipment, four large grinding mills, slurry pumps, hydrocyclones, primary rougher and cleaner flotation cells, regrind mill and a complete control and monitoring system for the plant.  The flotation plant will be completed in late 2007 and the grinding plant in early 2008. 
 
Vedanta Resources owns the Lanjigarh Alumina project in India where FFE Minerals is set to complete delivery of two complete lines of alumina calciners and material handling equipment in 2006 for commissioning in early 2007.
 
Fortescue Metals Group has purchased the cone crushers for its Pilbara Iron Ore and Infrastructure Project at the Cloud Break mine.  The scope of supply is the design, manufacture, installation and commissioning of eight (8) 1100 hp cone crushers with complete delivery and commissioning by the end of 2007.  Once in operation, this crushing plant will be one of the largest installations of its kind in the world. 
 
The flotation technology has been developed by FFE Minerals in-house, and the large cone crushers are based on the acquisition of the majority shareholding in Excel Chrusher Technologies, which already had developed smaller cone crushers
 
"It is great to see the Mining Industry readily accept the new technology that we are developing for the market.  This demonstrates the strong brand name and reputation of FFE Minerals.  Offering new, break through technology will enhance our ability to offer complete solutions to the Industry", Group CEO Jørgen Huno Rasmussen says.
 
The orders will contribute beneficially to FLSmidth's earnings until the plants are commissioned in 2007 and 2008 respectively.
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Please address any questions regarding this announcement to Group Chief Executive Officer Jørgen Huno Rasmussen, FLSmidth & Co. A/S at +45 36 18 18 00.
 
 
Yours faithfully
 
Torben Seemann Hansen
Corporate Public Relations