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FLSmidth Company Announcements

FLSmidth receives large copper order in Chile

12.05.2010

Company Announcement to the Danish Financial Supervisory Authority No. 15-2010, 12 May 2010

FLSmidth has signed a contract worth in excess of USD 75m (DKK 440m) with Minera Lumina Copper Chile for the supply of design, engineering, and process equipment for their Caserones copper and molybdenum plant in central Chile. Minera Lumina Copper Chile is jointly owned by Nippon Mining & Metals Co., Ltd. and Mitsui Mining & Smelting Co., Ltd.

 

The Caserones plant will process around 105,000 tonnes per day of primary and secondary copper ore.

 

The scope of supply includes a primary crusher, cone crushers, SAG and ball mills, cyclones, flotation equipment and thickeners. Once detailed engineering is complete and final discharge points are defined, the conveyor and feeder belt systems, as well as pumps, will be added bringing the total order value to around USD 100m.

 

"This order for all of the primary processing equipment for a large copper concentrator is a very significant contract for FLSmidth and demonstrates the focus and synergies achieved through our One Source strategy. The acquisitions over the past few years have established FLSmidth as the primary supplier of process equipment to the mining and metals industry. The value to our customers lies in the fact that FLSmidth can supply the complete flowsheet of equipment and deliver the engineering for the complete process within weeks of order placement, which reduces plant engineering costs and, most importantly to a major project, saves time," Group CEO Jørgen Huno Rasmussen comments.

 

The order will contribute beneficially to FLSmidth's earnings until late 2012.

 

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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.

 

For further information about FLSmidth, please visit www.flsmidth.com.

 

 

Yours faithfully

Pernille Friis Andersen
Corporate Communications & Investor Relations