Outotec to deliver a modular flotation cPlant to Saudi Arabia

OUTOTEC OYJ   PRESS RELEASE, OCTOBER 14, 2016 AT 11:00 AM

Outotec to deliver a modular flotation cPlant to Saudi Arabia

Outotec has agreed with Saudi Arabian mining company Ma'aden Gold on the design and delivery of a novel Flotation cPlant for modernizing the Al Amar gold processing facilities. The value of the order, nearly EUR 10 million, has been booked in Outotec's 2016 third quarter order intake.

This fully modular flotation plant is the first of its kind and is expected to set a record in terms of fast delivery for this type of projects. Outotec will deliver process design, basic and detail engineering, process equipment, equipment installation and start-up services. In addition, Outotec will provide operation and maintenance support services to Ma'aden for two years after the start-up of the plant.

"By selecting modularized plant Ma'aden will benefit from a short lead time for production and lower capital investment. The pre-fabricated modules are easy to transport and allow a quick erection at the site. Fully standardized modules are also easy to replace or upgrade and they improve the environmental performance and increase availability of a minerals processing plant. Furthermore, the modular flotation plant has all proven metallurgical features of conventional flotation plants," says Kalle Härkki, head of Outotec's Minerals Processing business unit.

For further information please contact:

OUTOTEC

Kalle Härkki, President - Minerals Processing business unit
tel. [phone]

Eila Paatela, Vice President - Corporate Communications
tel. [phone]

e-mails [e-mail]

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Source: Outotec Oyj via Globenewswire