Metso Outotec to deliver processing technology to Russia copper concentrator

Metso Outotec has signed a contract for the delivery of key minerals processing technology to a new high-capacity copper concentrator in Russia. 

The customer and the contract value are not disclosed. However, deliveries with similar scope typically exceed 100 million euroes, the company said. 

The order is booked in Metso Outotec’s fourth quarter 2020 orders received. In June 2020, the company received an 23 million euro order for two primary crushing stations for the same concentrator plant.

The concentrator will have four production lines with a total processing capacity of at least 80 million tonnes of ore per annum. Metso Outotec will deliver the main process equipment for grinding, flotation and dewatering.

These include grinding mills, TankCell® flotation cells in different sizes between 30 and 630 cubic meters, pressure filters, on-line sampling and analyzing system, field instrumentation and Proscon® automation for the whole concentrator plant. Equipment deliveries will take place during 2022 and 2023.

“We are extremely pleased about this order. The new concentrator, based on Metso Outotec’s proven proprietary technology, will enable our customer to build and develop their operations in a sustainable way and get the best value from their assets,” Stephan Kirsch, president of the minerals business area at Metso Outotec, stated in a press release.

Finnish mining technology firm Metso Outotec said on Tuesday it has won a large deal to delivery technology to a new copper concentrator in Russia with processing capacity of at least 80 million tonnes of ore per annum.

It did not disclose the customer or the contract value, but said deliveries with similar scope typically exceed 100 million euros ($122 million).

Earlier this week, Metso Outotec won an order worth 100 million euros for delivery of technology for a new zinc plant in the Chelyabinsk region of Russia.

Both orders will be booked in the fourth quarter, it said.

The Finnish firm’s new technology orders in the third quarter fell 37% from a year earlier to 359 million euros.

Shares in Metso Outotec opened 2.3% higher at 8.065 euros following the news.