FLSmidth to deliver gold processing plant to Russian customer

FLSmidth to deliver gold processing plant to Russian customer

ID: 211149

(Thomson Reuters ONE) -


Company Announcement to the Danish Financial Supervisory Authority No.
44-2012, 10 December 2012

FLSmidth has won a contract worth approximately USD 35m (DKK 200m) from the
Russian mining company JSC Pavlik for the supply of a gold processing plant with
a capacity of 3 million tonnes per year of gold ore, to be located in the
Tenkinsky district of Magadan in the far eastern part of Russia.

The scope of supply includes a complete gold processing plant, excluding
grinding mills. The equipment to be supplied includes crushing, material
handling and flotation equipment as well as gravity concentrators, screens, gold
leaching and dewatering equipment, pumps and cyclones and gold refining
equipment. The contract also includes an electrical and plant automation
package.

"The outlook for the gold market is expected to remain positive with continued
high demand, and FLSmidth has recently received orders to supply much of the key
technologies and services for gold processing plants in North America and
Russia. Our One Source approach and local presence were important elements in
winning these contracts. Besides, the recent acquisitions of Knelson and
Ludowici have brought key gravity gold recovery technology and screening
equipment into the FLSmidth portfolio and further enhanced our One Source flow
sheet in gold processing," Group CEO Jørgen Huno Rasmussen comments.

The order will be booked by the Mineral Processing division and contribute
beneficially to FLSmidth's earnings until late 2013.

                   ---------------------------------


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.





Yours faithfully

Pernille Friis Andersen
Corporate Communications & Investor Relations


Link to PDF version:
http://hugin.info/2106/R/1663566/539519.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: FLSmidth via Thomson Reuters ONE
[HUG#1663566]




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Bereitgestellt von Benutzer: hugin
Datum: 10.12.2012 - 13:03 Uhr
Sprache: Deutsch
News-ID 211149
Anzahl Zeichen: 2759

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