Outotec wins over EUR 100 million aluminum smelter technology contract for Emirates Aluminium

OUTOTEC OYJ  PRESS RELEASE, AUGUST 4, 2011 AT 11.00 AM

Outotec wins over EUR 100 million aluminum smelter technology contract for Emirates Aluminium

Outotec and Emirates Aluminium PJSC (EMAL) have agreed to terms for two contracts with a total value of over EUR 100 million. The deal calls for Outotec to deliver aluminum smelter technology to the second phase of EMAL's smelter expansion project located at Al-Taweelah in Abu Dhabi.

Outotec will be providing technology, engineering, supply and installation of a green anode plant with one anode production line, along with a crushing plant for recycled carbon materials. Expanding the liquid pitch storage system and the plant operation center are also part of the overall scope.

In addition, the two companies also agreed that Outotec is to deliver an anode rodding shop and hot bath removal facility, including engineering, procurement and construction. The work is to be carried out ensuring that the technology meets the strong environmental standards as outlined by EMAL.

"Our customers and the industries we serve are in their investment decisions increasingly emphasizing technologies which are operationally efficient and as clean as possible. This is where Outotec can play a significant role as a leading technology supplier," states Pertti Korhonen, president and CEO of Outotec.

The massive smelter facility is scheduled to be commissioned by early 2014. Once the overall second phase is completed, EMAL will be the world's largest single-site aluminum smelter. Currently, the company is producing roughly 750,000 tonnes of aluminum annually, but it will be able to almost double that figure with a planned capacity of 1.3 million tonnes by the end of 2014.

Outotec previously worked with EMAL in 2007 providing similar technology to the first phase of the smelter project.

"We are extremely pleased to once again be working with EMAL. It re-affirms what we at Outotec believe to be the key to our success - a customer's confidence in our technology and expertise to support their business aims over and over again," notes Korhonen.

For further information please contact:

OUTOTEC

Dr. Peter Weber, President - Energy, Light Metals and Environmental Solutions business area
tel. +49 6171 9693 165

Eila Paatela, Director - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198

e-mails firstname.lastname@outotec.com

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