Outotec receives additional order from the Russian Petropavlovsk Group

Outotec receives additional order from the Russian Petropavlovsk Group

ID: 56330

(Thomson Reuters ONE) -



OUTOTEC OYJ PRESS RELEASE, JULY 12, 2011 AT 2.00 PM

Outotec receives additional order from the Russian Petropavlovsk Group

Outotec has agreed on the delivery of concentrator technology for the
Petropavlovsk Group in Malomyr gold mine in the Russian Far East. The contract
was signed with LLC Malomyrskiu rudnik, which is a part of the Russian's third
biggest gold producer Petropavlovsk Group. The contract value is EUR 25 million
and it complements the pressure leaching process technology contract Outotec and
Petropavlovsk disclosed in May 3, 2011. The order will be booked in third
quarter order intake.

Outotec delivers technology solution for flotation, thickening, filtration, and
for the entire process automation of the concentrator. The delivery is a part of
Petropavlovsk's process technology development needed for processing sulphide
gold ore. The equipment will be delivered within the next eight months.

"Eco-efficient and sustainable use of ores with declining metal content require
more advanced and new processing technologies. Outotec develops its technologies
continuously. We have joined R&D forces with our customers which enables us to
achieve results that all parties - and especially the environment - benefit the
most. Outotec's continued co-operation with Petropavlovsk is a great example of
such partnership", says Outotec's CEO Pertti Korhonen.

For further information please contact:

OUTOTEC

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

Eila Paatela, Director - 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#1530350]


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Datum: 12.07.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 56330
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