Metso to supply minerals processing equipment to China Metallurgical Group in Australia

* Reuters is not responsible for the content in this press release.

Tue Jul 22, 2008 7:06am EDT 

  HELSINKI, FINLAND, Jul 22 (MARKET WIRE) -- 

Metso Corporation Company release on July 22, 2008 at 2:00 p.m.

    Metso Minerals will supply minerals processing equipment to China
Metallurgical Group Corporation (MCC) for Sino Iron project in Western
Australia. The delivery will be completed during the first quarter of
2010. The value of the order is approximately EUR 53 million. The order
is included in Metso's second-quarter order backlog.

    The order comprises 28 VPA pressure filters with complete automatic
control systems and compressed air systems and 52 slurry pumps. The order
also includes auxiliary equipment, parts, and supervision of erection and
start-up.

    The order is so far the largest VPA pressure filter order received by
Metso and it is estimated to be the largest mineral concentrate
filtration plant in the world. The filter plant is designed to dewater up
to 33Mty of fine magnetite concentrate to a product with moisture
suitable for shipment or pelletizing plant feed. The Sino Iron project is
one of the largest mining projects in Australia.

    MCC is one of the largest equipment manufacturers in China and a leading
Chinese contractor to the mining and metallurgical industries. The Sino
Iron project is under development by CP Mining Management.

    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 for the press, please contact:
Wille Beckman
Vice President, Process Equipment, Metso Minerals,
tel. +46 224 57149

Chris Smith
Product Manager, Process Equipment, Australia, Metso
Minerals, tel. +61 2 8825 1678

Further information for investors, please contact:
Johanna Sintonen
Vice President, Investor Relations, Metso
Corporation, tel. +358 20 484 3253

Metso Corporation

Olli Vaartimo
Executive Vice President and CFO

Kati Renvall
Vice President, Corporate Communications

distribution:
OMX Nordic Exchange in Helsinki
Media
www.metso.com

    
Copyright Copyright Hugin AS 2008. All rights reserved.

    



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