Outotec awarded contracts for Karara Iron Ore Project, Australia

Outotec awarded contracts for Karara Iron Ore Project, Australia

ID: 38779

(Thomson Reuters ONE) -


OUTOTEC OYJ  PRESS RELEASE, AUGUST 5, 2010 AT 10.00 AM

Outotec awarded contracts for Karara Iron Ore Project, Australia

Outotec has been awarded orders for Australia's Karara Iron Ore Project worth
more than EUR 28 million. Outotec's solution includes design, supply, delivery
and installation of the complete flotation circuit along with all filtration
technology for the project.

The Karara Iron Ore Project located 300 km north of Perth in Western Australia
is a 50:50 Joint Venture between Gindalbie Metals Ltd and Chinese steel
producer, AnSteel. It is part of the development of the world-class magnetite
deposit at Karara, which has the known potential for over 30 million tonnes
annual processing of magnetite over its estimated 30-year life. The first phase
of operation is scheduled for 2011.

"This project demonstrates the excellent fit of the Larox filtration
technologies to Outotec's technology portfolio. Now we can offer larger
solutions for our customers and use efficiently our global resources in sales,
project delivery and services", says Outotec CEO Pertti Korhonen.

The orders are included in Outotec's 2010 second quarter order intake and
backlog.


For further information please contact:

OUTOTEC

Neil Jagger, General Manager - Market Area SEAP
tel. +61 2 9984 2510

Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198

e-mails firstname.lastname(at)outotec.com


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Source: Outotec Oyj via Thomson Reuters ONE


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Datum: 05.08.2010 - 09:00 Uhr
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News-ID 38779
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