Outokumpu Technology to supply copper converter technology to Kazzinc, Kazakhstan

OUTOKUMPU TECHNOLOGY OYJ PRESS RELEASE, FEBRUARY 23, 2007 AT 9.00 AM

Outokumpu Technology has agreed with Engineering Dobersek GmbH for the delivery of converter and gas handling technology for the new copper smelter of Kazzinc in Ust-Kamenogorsk, Kazakhstan.

Kazzinc, the largest zinc producer in Kazakhstan, operates two zinc smelters, one lead smelter and a number of mines and concentrators. In addition to zinc and lead, the mines also produce about 70,000 tons of copper in concentrate. These concentrates constitute the raw material base for the new plant. 

Outokumpu Technology's scope covers engineering, delivery of converter hoods for two Pierce-Smith converters, punching machines and design of auxiliary equipment. The new installation is scheduled to be in operation in the second half of 2008.

"This project is an example of Outokumpu Technology's proprietary technologies, which not only contribute to a cleaner environment, but also reduce the smelter's operating costs - both features are well received today in the emerging markets such as Kazakhstan," says Lennart Hedlund, Technology Sales Manager at Outokumpu Technology AB in Skellefteå, Sweden.

For further information, please contact:

Outokumpu Technology AB

Lennart Hedlund, Manager - Technology Sales

Tel. +46 910 87 763

e-mail lennart.hedlund@outokumputechnology.com

Outokumpu Technology Oyj

Eila Paatela, Vice President - Corporate Communications

Tel. +358 20 529 2004, mobile +358 400 817198

e-mail eila.paatela@outokumputechnology.com

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