businesspress24.com - Outotec to supply 119 million euro sinter plant to South Africa
 

Outotec to supply 119 million euro sinter plant to South Africa

ID: 1010931

(Thomson Reuters ONE) -


OUTOTEC OYJ STOCK EXCHANGE RELEASE, MARCH 8, 2010 AT 9.00 AM

Outotec to supply 119 million euro sinter plant to South Africa

Outotec has agreed with South African Kalagadi Manganese Pty Ltd on the design
and delivery of a new manganese sinter plant to be built in Hotazel in the
country's Northern Cape Province. The contract value is approximately EUR 119
million.

Kalagadi Manganese is 50-percent owned by the world's largest steel producer,
ArcelorMittal, whereas Kalagadi Resources owns 40 percent and IDC 10 percent of
the company.

Outotec is responsible for the delivery of the sinter plant on a turnkey basis
including engineering, project management, supply of all equipment and
structural steel, construction, commissioning as well as advisory services for
civil works. The new plant will ultimately produce 2.4 million tonnes of sinter
annually. Manganese ore sinter is used as raw material for the production of
high carbon ferromanganese. The plant commissioning is scheduled for March 2012.

"Kalagadi's new plant will be one of the world's largest manganese sinter
plants. This significant order once again demonstrates our ability to deliver
total process solutions to customers - from the test work with raw materials to
defining the optimal process and technology, plant engineering, as well as
equipment supplies and services, not to mention taking full responsibility of
the project and performance guarantees," states Pertti Korhonen, Outotec's
President and CEO.

For further information please contact:

OUTOTEC OYJ

Peter Weber, President - Metals Processing division
tel. +49 6171 9693 165

Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198

e-mails firstname.lastname(at)outotec.com

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NASDAQ OMX Helsinki




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www.outotec.com



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