December 03, 2008

Outotec won grinding mill orders in Sweden and Russia

Outotec announced that it has been awarded two grinding technology orders by Nordic Mines AB of Sweden and Polymetal Trading Ltd of Russia. The total value of the orders amount to approximately EUR 25 million.

Nordic Mines ordered two grinding mills and related spare parts and services for its Laiva gold project in central Finland. The mills are designed to treat 250 tonnes ore per hour and the production is estimated to begin in March 2010.

Polymetal is Russia's largest silver producer and third largest gold producer, ordered six grinding mills and spare parts for the Albazino project and flotation technology and spare parts for the Dukat project, both located in Russia.

Outotec's deliveries will take place during 2009.