Copyright © 2021. Inderes Oyj. All rights reserved.

Metso Outotec Corporation, Stock exchange release, Insider information, on July 21, 2021, at 11:30 a.m. EEST

Metso Outotec has signed a major engineering and technology contract as well as license agreements for the delivery of a landmark copper smelter complex to be built in Gresik, East Java, in Indonesia. The project owner is PT Freeport Indonesia, and PT Chiyoda International Indonesia is the EPC contractor. Four-fifths of the approximately EUR 360 million contract has been booked in Metals' Q3/2021 order intake and the rest in Minerals' Q3/2021 order intake.

Metso Outotec's scope of delivery is based on the licensed, well-proven Metso Outotec Flash Smelting, Flash Converting and Lurec® technology. It includes the design and supply of key process equipment and process control systems for the main areas of the smelter complex, the copper electrolytic refinery, the gas cleaning and sulphuric acid plant, the slag concentrator, and the effluent treatment plant.

Metso Outotec has previously provided certain front-end engineering design (FEED) and other advance engineering services for this 1.7 mtpa copper concentrate smelter complex. This smelter complex is expected to be commissioned in 2024.

"Our joint efforts with Freeport Indonesia and Chiyoda will set a new standard for the copper smelter industry in fulfilling the strictest international environmental standards and efficiency requirements. We are very happy to work together to implement this game changing copper smelter," says Pekka Vauramo, President & CEO, Metso Outotec.

"We have worked with Freeport Indonesia and Chiyoda for several years to ensure and select the best available process design and technologies for the Manyar Project," says Jari Ålgars, President, Metals business area at Metso Outotec.

Metso Outotec has delivered 51 Copper Flash Smelters around the world. Metso Outotec Copper Flash Smelting is the most widely applied technology for copper smelting in the world and one of the company's Planet Positive (https://www.mogroup.com/insights/blog/company/sustainability-with-planet-positive-offering/) solutions. Using this technology, Metso Outotec's customers avoided more than 1.6 million tons of CO2 emissions in 2020.

More information on Copper Flash Smelting is available on our website (https://www.mogroup.com/portfolio/flash-smelting-process/).

Further information, please contact:

Jari Ålgars, President, Metals business area, Metso Outotec, tel. +358 20 529 2007, email: jari.algars(at)mogroup.com

Juha Rouhiainen, Vice President, Investor Relations, Metso Outotec, tel. +358 20 484 3253, email: juha.rouhiainen(at)mogroup.com

Distribution: 

Nasdaq Helsinki Ltd
Main media 
www.mogroup.com

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers' energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change.  

Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets. We ranked 8th on the 2021 Global 100 list of the world's most sustainable companies.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2020 were about EUR 3.9 billion. The company is listed on the Nasdaq Helsinki. mogroup.com (https://www.mogroup.com/), twitter.com/metsooutotec

Our role is to build, maintain and even run entire operations literally from the ground up. Sustainability is at the core of what we do. This means helping our customers create the smartest value from natural resources and working with them to find the most sustainable solutions for handling the full value chain from ore to metals including water management, energy recovery as well as waste and side streams.

Minerals Processing