Mining Machinery & Equipment
Outotec has been awarded a contract to design and deliver a mine paste backfill system to a nickel mine in Canada.
The contract price is not disclosed, but similar deliveries are typically valued at EUR 20-30 million. The order has been booked into Outotec's 2019 first quarter order intake.
Outotec's supply includes the design and delivery of a complete paste backfill system to service two underground orebodies.
The new paste backfill system, with higher degree of accuracy for binder addition, will reduce operating costs of the mine and allow to fully exploit the underground deposits. The new facility is expected to be commissioned towards the end of 2020 with a capacity of 300 dry tonnes per hour.
"We are pleased to support our customer to improve their tailings management in a sustainable way. Outotec has vast expertise in mine backfill design and experience delivering paste plants. This project further solidifies our position in this market," says Kimmo Kontola, head of Outotec Minerals Processing business.
Indonesia suspended exports of nickel ore with immediate effect after a planned ban on shipments from the beginning of next year led to a rush to beat the deadline.
The Finnish Financial Supervisory Authority has today on October 25, 2019, approved a supplement to the Finnish language demerger prospectus (the “Prospectus”) relating to the combination of Outotec Oyj (“Outotec”) and Metso Corporation’s (“Metso”) Minerals business (the “Metso Minerals Business”).
ME-METALS: HELSINKI, July 4 (Reuters) - Finnish engineering group Metso is merging its main minerals technology business with smaller rival Outotec, Metso said on Thursday, sending shares in both companies higher.
Outotec has been included in the Global 100 Index of most sustainable companies in the world for the seventh consecutive year. This year's ranking is 12th. The results were announced today at the World Economic Forum in Davos.
Outotec has signed a contract for the Front-End Engineering Design (FEED) of a new copper smelter to be located at Benete Bay in Sumbawa, Indonesia.
HELSINKI, Sept 24 - Finnish mining technology company Outotec will pull out of Iran due to the new U.S. sanctions, a company spokeswoman said on Monday.