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Metso Corporation (NYSE:MX) Metso Corporation Press release on June 27, 2008 at 10.30 a.m. local time
Metso Minerals will supply crushing and screening equipment to Moly Mines for its Spinifex Ridge molybdenum project near Port Hedland in Western Australia's Pilbara region. The delivery will be completed during the first quarter of 2009. The value of the order is approximately EUR 9 million.
Metso's delivery consists of two secondary cone crushers and two mining screens with screening media and auxiliary equipment, as well as two feeders including a low head exciter mechanism.
Once completed, the project will process 20 million tonnes of molybdenum-copper per annum. The expected operational life time of the mine exceeds 20 years.
Moly Mines Limited is an independent Australian resources company focused on the development of major specialty, base and precious metals projects.
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
Further information, please contact: Ken Burson, Regional Product Manager, Crushing, Mining - Asia Pacific, Metso Minerals, tel. +61 8 9420 5555
