News from Metso

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Posted in: , on 24. Jun. 2008 - 21:17

Metso strengthens its mining equipment supply chain with a Canadian acquisition

Metso has signed an agreement with GE Energy to acquire GE’s Lachine Main Plant, a heavy fabrication and machining facility located near Montreal, province of Quebec, Canada. The transaction is expected to close in mid-August. The parties have agreed not to disclose the financial terms. The acquired assets will be integrated into Metso Minerals’ Mining business line.

The acquisition increases Metso’s supply capacity for large mining equipment. The heavy manufacturing space of approximately 25,000 m2 features major machine tools and lifting power and is serviced by rail lines. The unit has recently been dedicated to the production of hydraulic

turbines and power generation equipment. With excellent land and sea connections, the new facility can efficiently service Metso’s customers

worldwide. The facility can start the supply of the complete range of Metso’s mining process machinery immediately after the closing. Approximately 200 skilled GE Energy employees are expected to transfer to Metso.

“Listening to our mining customers, we estimate that the current boom is likely to continue for years. Therefore investments in the supply chain are extremely important. The acquired capacity will allow us to provide our mining customers with high quality products on attractive delivery times. It clearly supports Metso’s growth strategy and our commitment to respond to our customers’ needs," says Matti Kähkönen, President of Metso Minerals.

The availability of resources such as capital equipment and core components is an increasingly critical factor in the start-up of new mining projects.

Following Metso Park investment in India, which was announced in April, the Lachine acquisition further increases Metso's capacity to serve its customers.

Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 27,000 employees in approximately 50

countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.

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News From Metso

Posted on 24. Jun. 2008 - 07:20

Metso to supply an iron ore beneficiation plant to India

Metso Minerals will supply an iron ore beneficiation plant BMM Ispat Ltd.’s Hospet-Bellary Mine in Karnataka, Southern India. The delivery will be completed by the end of 2010. The total value of the order is approximately EUR 7 million.

The order comprises a scrubber, a spiral classifier, a high gradient magnetic separator (HGMS), a VPA vertical plate pressure filter, lamella thickeners, pumps as well as other related equipment, supervision of erection and commissioning. The new plant beneficiates iron ore fines through gravity separation and high gradient magnetic separation. The plant will be able to treat 250 tph of iron ore fines.

BMM Ispat aims to position itself as a major global steel player with a vision to produce 1.5 million tons of steel annually by 2011.

“We are proud to receive this order by BMM. Client requirements are moving towards more technologically efficient solutions and Metso Minerals aims to respond to their needs by strengthening its presence, capabilities and capacity to supply in India and provide optimal service solutions”, says Mr Andrew Lewis, Senior Vice President, Mining Business Line, Metso Minerals India.

“This is our repeat order for a similar plant supplied by Metso Minerals in 2007 which has been successfully commissioned. With these plants by Metso, BMM Ispat capacity goes up to 3 mtpa and we aim to strengthen our position as a steel player and grow further”, adds Mr Dinesh Singhi, Chairman & Managing Director, BMM Ispat Ltd.

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News From Metso

Posted on 24. Jun. 2008 - 07:23

Metso to supply an iron ore induration machine to Trinidad & Tobago

Metso Minerals will supply an iron ore induration machine to Global Supplies Ltd., a member of the Essar Group. The machine will be delivered to Essar Steel Holdings Ltd. for its Point Lisas Pellet Plant located in Couva, Trinidad and Tobago. The value of the order is approximately EUR 16 million.

The order comprises a 744 square meter induration machine with 270 pellet cars, as well as auxiliary equipment, start-up, commissioning and training services.

Global Supplies specializes in global procurement and project execution. The end customer Essar Steel Holdings Limited, is a global producer of steel with a footprint covering India, Canada, USA and the Middle East. It is India’s largest exporter of flat steel products.

Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.

For further information, please visit:

https://edir.bulk-online.com/profile...processing.htm

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News From Metso

Posted on 24. Jun. 2008 - 07:26

Metso to supply iron ore induration machine to JSW Steel Ltd, in India

Metso Minerals will supply an iron ore induration machine to JSW Steel Ltd. The machine will be delivered to JSW Steel for its Vijayanager facility in District Bellary, India. The delivery will be completed during the first quarter of 2010. The value of the order is approximately EUR 11 million.

The order comprises a 464 square meter induration machine with 177 pellet cars with a feed rate of approximately 375 tonnes per hour of iron ore pellets, as well as start-up, commissioning and training services.

India's third largest steelmaker, JSW Steel Limited engages in the production and sale of various steel products in India. The products are used e.g. in automobile industry, infrastructure projects, as well as in machine and equipment building. JSW Steel is a part of O.P. Jindal Group.

Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.

For further information, please visit:

https://edir.bulk-online.com/profile...processing.htm

http://www.google.com/search?hl=de&c...btnG=Suche&lr=