Company Announcement to the Danish Financial Supervisory Authority
No. 42-2008, 15 October 2008
FLSmidth Minerals has signed a contract worth USD 50m (DKK 273m) with
Skye Resources Guatemala (BVI) Inc., a division of Hudbay Minerals,
for an upgrade and expansion of its ferronickel production in El
Estor, Guatemala.
FLSmidth Minerals will be providing the engineering for an upgrade of
existing equipment as well as the supply of modern, environmentally
proficient equipment including a rotary dryer system, a rotary kiln
system and electrostatic precipitators supplied by FLSmidth Airtech.
The expansion is expected to double the current production capacity."This order together with previous ferronickel kiln system orders
recently received in Brazil places FLSmidth Minerals in a leadership
position in the active market for ferronickel systems," Group Chief
Executive Officer Jørgen Huno Rasmussen comments.
The contract will contribute beneficially to FLSmidth's earnings
until the last equipment has been supplied in late 2009.
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Please address any questions regarding this announcement to CEO
Christian Jepsen, FLSmidth Minerals 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
