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GEA Group AG

Regulatory Filings Dec 5, 2016

176_rns_2016-12-05_bfb98ed4-636d-47c7-8049-80ba42843a22.html

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News Details

Corporate | 5 December 2016 11:00

GEA Group Aktiengesellschaft: GEA supplies key technology for Lithium processing in Australia

DGAP-News: GEA Group Aktiengesellschaft / Key word(s): Incoming Orders

2016-12-05 / 11:00

The issuer is solely responsible for the content of this announcement.


GEA supplies key technology for Lithium processing in Australia

Düsseldorf (Germany), December 5, 2016 – GEA has received a larger order from MSP Engineering Pty Ltd, to equip a new, ultra-modern facility for Tianqi Lithium Australia Pty Ltd for the production and processing of lithium. In detail, GEA will supply and install evaporation, crystallization and drying technology for the plant in Kwinana, 38 km south of Perth, Western Australia. The installation is planned for 2017.

The Tianqi Lithium Corporation, which controls a majority stake in the Talison Greenbushes mine, the world’s premier producer of lithium concentrate from spodumene, is building a downstream processing plant for lithium hydroxide. The plant will convert around 161,000 tonnes per year of spodumene concentrate into 24,000 tonnes of lithium hydroxide, for use in the growing global market for lithium ion batteries.

After completing extensive and successful test work at GEA facilities in Europe the scope includes engineering design, fabrication, testing and commissioning of the key process equipment to produce a pure lithium hydroxide monohydrate (LiOH.H 2 O), including packaging, with as byproduct a dried sodium sulphate.

“In the area of lithium processing, GEA has extensive experience in the realization of such systems for which we offer a very large technology portfolio covering the entire production chain of lithium production. In addition to the components ordered here, this also includes the spray drying area of lithium, where GEA has a very large market share worldwide,” said Niels Erik Olsen, Member of GEA’s Management Board and responsible for Business Area Solutions.

Corporate Media and Press:

Dr. Eva Breßler

Peter-Müller-Str. 12, 40468 Düsseldorf, Germany

Phone +49 (0)211 9136-1501

[email protected]

About GEA

GEA is one of the largest suppliers for the food processing industry and a wide range of process industries that generated consolidated revenues of approximately EUR 4.6 billion in 2015. As an international technology group, the Company focuses on process technology and components for sophisticated production processes in various end-user markets. The Group generates more than 70 percent of its revenue in the food sector that enjoys long-term sustainable growth. As of September 30, 2016, the Company employed about 17,000 people worldwide. GEA is a market and technology leader in its business areas. The Company is listed in Germany’s MDAX (G1A, WKN 660 200). In addition, GEA’s share is a constituent of the MSCI Global Sustainability Indexes. Further information is available on the Internet at gea.com .

If you do not want to receive any further information from GEA, please send an email to [email protected] .

Contact:

GEA Group Aktiengesellschaft

Phone +49 (0)211 9136 1492

Fax +49 (0)211 9136 31087

www.gea.com


2016-12-05 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Germany
Phone: +49 (0)211 9136-0
Fax: +49 (0)211 9136-31087
E-mail: [email protected]
Internet: www.gea.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich; Regulated Unofficial Market in Hanover, Stuttgart, Tradegate Exchange
End of News DGAP News Service

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