Outotec to deliver process equipment for SANGAN iron project in Iran

OUTOTEC OYJ    PRESS RELEASE, JULY 26, 2016 AT 2:00 PM

Outotec to deliver process equipment for SANGAN iron project in Iran

Outotec has been awarded a contract by Shangdong Province Metallurgical Engineering Co., Ltd. (SDM) for the delivery of process equipment to the Iron Concentrate Project Sangan in North-Eastern Iran. The Iranian Mines and Mining Industries Development & Renovation Organization (IMIDRO) owns the Sangan mines and SDM is their engineering partner. The contract value is approximately EUR 10 million and the order has been booked in Outotec's 2016 second quarter order intake.

Outotec's scope of work includes the design and delivery of thickeners and filter presses as well as related installation supervision and commissioning services including spare parts. The new iron processing plant will process annually 5 million tonnes of ore. The equipment will be delivered mostly during the second quarter of 2017.

"We are pleased to have been given the opportunity to deliver the main dewatering process equipment to the second phase of the Sangan Iron project. Our comprehensive portfolio of dewatering equipment enables us to tailor efficient and environmentally sound solutions and services for iron ore processing", says Kalle Härkki, head of Outotec's Minerals Processing business unit.

For further information please contact:

OUTOTEC

Kalle Härkki, President - Minerals Processing business unit
tel. +358 40 513 3383

Eila Paatela, Director - Corporate Communications
tel. +358 20 529 2004, +358 400 817198

e-mails firstname.lastname@outotec.com

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