AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

FLSmidth & Co.

M&A Activity Jan 31, 2008

3364_iss_2008-01-31_e1f54c85-a0cc-48a4-bdc0-ab9ca563443b.html

M&A Activity

Open in Viewer

Opens in native device viewer

FLSmidth to supply world's largest mineral mills and cone crushers

FLSmidth to supply world's largest mineral mills and cone crushers

**Company Announcement to the Danish Financial Supervisory Authority No. 6-2008, 31 January 2008

FLSmidth has signed contracts totaling approximately USD 50 million (approximately DKK 257 million) with Chile based Antofagasta Minerals S. A, to supply crushing and grinding equipment for the production of copper, gold and molybdenum at their Esperanza Project, 150 kilometers north of Antofagasta, Chile.**

The equipment will be supplied by FLSmidth Minerals. The equipment consists of a Fuller-Traylor gyratory crusher, three FLSmidth Minerals Raptor XL 1100 cone crushers, one Fuller-Traylor gearless SAG mill and two gearless ball mills. The equipment will process 95,000 tonnes per day of ore, reducing the ore to a product suitable for flotation recovery.

The SAG and ball mills as well as the cone crushers being supplied are the largest to be installed in the world today. 

"The orders confirm the confidence mining customers place in FLSmidth Minerals' design technology. The relationship developed with Esperanza's sister company, Minera Los Pelambres, where FLSmidth Minerals has a complete maintenance contract, played an important role in the negotiations. As such, these initial contracts provide further opportunity to supply Esperanza with additional products and services," Group CEO Jørgen Huno Rasmussen comments.

The orders will contribute beneficially to FLSmidth earnings until the equipment is delivered in 2009.

-------------------------------------

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 

Attachments:

  • PDF-version


    This content was distributed through

    Hugin Group

    - connecting communication professionals with their target audience. Visit us here.

Talk to a Data Expert

Have a question? We'll get back to you promptly.