Company Announcement to the Danish Financial Supervisory Authority No.
31-2010, 4 November 2010
FLSmidth has been awarded a contract worth approximately USD 40m (DKK 214m) from
Mauritanian La Société Nationale Industrielle et Minière (SNIM) for the supply
of a wet concentrator package and a train load out package for their Guelb el
Aouj iron ore plant, located near Zouerate in Mauritania.
The wet concentrator package includes a ball mill, slurry pumps, thickeners for
tailings and dust, horizontal belt filters for concentrate and tailings as well
as conveyors and wet magnetic separators. The package will also include basic
and detailed engineering and procurement of all equipment, instruments and
auxiliaries necessary for the operation of the facility.
Included in the load out package is a train load out system and conveyors
together with detailed engineering and procurement of all the equipment,
instruments and auxiliaries necessary for the operation of the facility as well
as all the basic, electrical, instrumentation and structural engineering.
SNIM is the world's seventh largest iron ore exporter, supplying around 12
million tons per year to the world market. Prospecting and exploration started
in 1967. The Mauritanian government owns 78% of SNIM.
The order is based on the "Island concept" - a solution where FLSmidth supplies
entire sections of the full flow sheet, offering the customer the advantage of
One Source supply.
"This is the first order for an integrated system for iron ore beneficiation
awarded to FLSmidth and is an important step in the further development of our
engagement in the iron ore industry with respect to complete systems offering-
an important focus area for FLSmidth," Group CEO Jørgen Huno Rasmussen comments.
The contract will contribute beneficially to FLSmidth's earnings until
commissioning in late 2013.
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Please address any questions regarding this announcement to Group Chief
Executive Officer Jørgen Huno Rasmussen, FLSmidth & Co. A/S at +45 36 18 18 00.
For further information about FLSmidth, please visit www.flsmidth.com.
Yours faithfully
Pernille Friis Andersen
Corporate Communications & Investor Relations
[HUG#1458872]
