Outotec to deliver a lithium beneficiation plant for AMG in Brazil

OUTOTEC OYJ    PRESS RELEASE, NOVEMBER 18, 2016 AT 11:00 AM

Outotec to deliver a lithium beneficiation plant for AMG in Brazil            

Outotec and Advanced Metallurgical Group N.V. (AMG) have agreed on the delivery of a lithium beneficiation plant to AMG's Mibra mine site in the State of Minas Gerais, Brazil. Outotec's order value, booked in the fourth quarter order intake, exceeds EUR 35 million.

Outotec has been AMG's partner for development of this project through various study stages. Outotec's scope of delivery comprises the technology, engineering, delivery, construction, commissioning and start-up of the plant, which will produce 90,000 tonnes per year of lithium concentrate used further downstream to produce lithium carbonate equivalent (LCE). Lithium is mainly used in batteries for the car industry. The plant is expected to be operational in the first half of 2018.

"We are pleased to be AMG's trusted partner for the delivery of this lithium concentrator solution, combining our vast process knowledge, proprietary equipment and EPC delivery capabilities in Brazil. The new plant will be fed with tailings from an existing plant, which makes the project highly environmentally friendly and resource efficient", comments Taneli Salervo, head of Outotec's Minerals Processing business unit.

For further information please contact:

OUTOTEC

Taneli Salervo, President - Minerals Processing business unit (acting)
tel. [phone]

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

e-mails [e-mail]

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Source: Outotec Oyj via Globenewswire