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Metso Corporation (NYSE:MX) Metso Corporation Press release on June 27, 2008 at 9.30. a.m. local time
Metso Minerals will supply crushing equipment to Assmang Limited for its Khumani iron ore mine in the Northern Cape of South Africa. The delivery will be completed during the second quarter of 2010. The value of the order is approximately EUR 10 million.
The order comprises four large cone crushers for the Khumani mine's expansion phase. These crushers will act in secondary and tertiary applications to complement Metso's crushing equipment that was ordered and commissioned during the first phase of the project.
The development project aims to increase the iron ore production at Khumani.
Assmang Limited is a supplier of raw iron ore material to the world's steel mills and alloy plants. The major portion of its production is exported.
Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. www.metso.com
For further information, please contact:
Dave Moon, Vice President, Southern Africa, Mining business line, Metso Minerals, tel. +27 11 9614242
