Outotec to deliver copper flash smelting technology to Iran

Outotec to deliver copper flash smelting technology to Iran

ID: 54458

(Thomson Reuters ONE) -


OUTOTEC OYJ  PRESS RELEASE, MAY 10, 2011 AT 2.00 PM

Outotec to deliver copper flash smelting technology to Iran

Outotec has agreed with Tech Talk company of Dubai on the delivery of flash
smelting technology for the expansion of National Iranian Copper Industries
Company's copper smelter located in Sarcheshmeh, Iran. Outotec's scope of
delivery includes the supervision of detail engineering, supply of proprietary
equipment as well as installation supervision and training services. The
contract value is approximately EUR 61 million.

Before getting this contract effective Outotec has ensured with the relevant
export control authorities that the envisaged delivery does not collide with
existing embargo regulations. Outotec has applied for and received all the
necessary permits. In anticipation of possible subsequent changes in the
regulatory framework, the order will be booked in Outotec's order backlog
gradually according to the overall progress of the project during years 2011 -
2013.

"The Iranian copper smelters require new technology to minimize their
environmental impact. Outotec® Flash Smelting technology is recognized as the
world's most efficient and environmentally sustainable alternative. The
technology is already in use in Iran and therefore the customer preferred it as
the first choice", says Outotec CEO Pertti Korhonen.

For further information please contact:

OUTOTEC

Jari Rosendal, President - Non-ferrous Solutions
tel. +358 20 529 2700

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

[HUG#1514070]


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Datum: 10.05.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 54458
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