Regulatory Filings • Dec 8, 2011
Regulatory Filings
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FLSmidth & Co. A/S Corporate Communication & Investor Relations Vigerslev Allé 77 - DK-2500 Valby – Copenhagen – Denmark Tel +45 36 18 18 00 · Fax +45 36 44 18 30 · [email protected] www.flsmidth.com · CVR-No. 58180912
Announcement No. Our ref. Date: Page 31 - 2011 Msand 8 December 2011 1/1
The Danish Financial Supervisory Authority Gl. Kongevej 74 A 1850 Frederiksberg C
Company announcement No. 31-2011:
FLSmidth has signed a contract worth approximately USD 50m (approximately DKK 270m) with BIS Industries Ltd., a company of Kohlberg Kravis Roberts & Co. (KKR), to supply material handling equipment to the iron ore mine owned by Gindalbie Metals Ltd some 200 km east of Geraldton, Western Australia.
The contract comprises an iron ore tailings stacking system including a RAHCO® mobile stacking system with a capacity of 2850 tonnes per hour. The technology which FLSmidth provides introduces a process that enables dewatered tailings material to be conveyed and stacked rather than pumped. This process allows the client to utilize a smaller footprint, decrease environmental exposure, re-use much of their process water and reduce operating costs.
"This material handling contract shows FLSmidth's dedication to its customers. By listening to the local environmental concerns faced by our client we have designed a solution that addresses these requirements and we are able to offer a state-of-the-art customer-focusedequipment solution. The contract with BIS Industries Limited signifies FLSmidth as a world leader within the stacking system technology and as a forerunner of the tailings stacking trend" Group CEO Jørgen Huno Rasmussen comments.
The order will contribute beneficially to FLSmidth's earnings until the end of 2012.
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.
Best regards Pernille Friis Andersen Corporate Communications & Investor Relations
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