18 December 2007

FLSmidth Minerals extends operations for Minera Los Pelambres in Chile

FLSmidth Minerals and Minera Los Pelambres (MLP), have agreed to extend the existing Operation & Maintenance contract. MLP a Copper Molybdenum Operation in the central Chilean Andes is owned by London Stock exchange listed Antofagasta Minerals, as majority shareholder, and a Japanese Consortium.

The contract is the third renewal for the complete maintenance services for the Minera Los Pelambres copper/molybdenum processing plant. The renewed agreement is an extension until 1 January 2011. The maintenance involves a highly qualified labour force of 180 FLSmidth Minerals employees and 100 subcontractor personnel.

The scope of the renewed contract includes the maintenance execution, maintenance engineering, short and mid term planning and continuous improvement with a strong emphasis on environmental issues and the safety of the workers and equipment. This also includes equipment previously supplied by Dorr-Oliver Eimco, now part of the FLSmidth Group.

"This project confirms FLSmidth Minerals' leadership in the Chilean copper industry. It is a testament to the long standing relationship between our Chilean office and the Minera Los Pelambres mine operation," Mr. Christian Jepsen, FLSmidth Minerals CEO says.

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