Outotec to modernize KGHM's copper smelter in Poland

OUTOTEC OYJ PRESS RELEASE, FEBRUARY 26, 2008 AT 09.00 AM

Outotec has agreed with KGHM Polska Miedz S.A. on the modernization of KGHM's HM Glogow II copper flash smelting furnace in Poland. The value of the contract is over EUR 10 million.

Outotec's scope of delivery covers the engineering, supply of proprietary equipment for concentrate feeding and auxiliary burners, a waste heat boiler, automation as well as commissioning and other related services.

KGHM Polska Miedz is using Outotec's Direct Blister Flash Smelting technology in its copper smelters in Poland. The company is now intensifying its smelter operations and increasing its annual production capacity to 230,000 tonnes of copper. The modernized plant is scheduled to be commissioned in August 2009.

For further information please contact:

OUTOTEC OYJ

Yrjö Anjala, Senior Manager - Base Metals, Technology Sales

tel. +358 20 529 2143

e-mail yrjo.anjala(at)outotec.com

Eila Paatela, Vice President - Corporate Communications

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

e-mail eila.paatela(at)outotec.com

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