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FLSmidth (CPH:FLS) Company Announcement to the Danish Financial Supervisory Authority No. 44-2008, 31 October 2008
FLSmidth Minerals has signed a contract worth approximately USD 45m (DKK 260m) with Canadian Copper Mountain Mining Corporation (Similco Mines Limited) for equipment for its open pit copper mine close to Princeton in southern British Columbia, Canada.
FLSmidth Minerals is to provide detailed engineering and design, as well as manufacturing and procurement of equipment, including QA/QC reporting and testing, for one gyratory crusher, one SAG mill, and two ball mills. The mills will be designed for a daily throughput of 35,000 tonnes of copper ore.
Copper Mountain Mining Corporation is a wholly-owned subsidiary of Similco Mines Ltd., a Canadian mineral exploration and development company. Its primary asset is the Similco mine, to which FLSmidth Minerals will be supplying the milling equipment.
The contract will contribute beneficially to FLSmidth's earnings until the last equipment has been supplied in late 2010.
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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.
