Saturday 23rd Oct, 2021

Metso Outotec signs $150M supply contract

Industrial machinery manufacturer Metso has made new appointments to its executive team, including a new President for its Minerals Services business area.

Metso Outotec has signed a contract worth EUR 100 million (AU$156 million) to deliver all key technology for a new concentrator plant in Norilsk, Russia.

The concentrator is operated by Chernogorskaya mining company, which is part of the Russian Platinum group.

The delivery is based on Metso Outotec’s proprietary technology and includes key equipment for grinding, flotation and separation.

Metso Outotec will also deliver electrification, instrumentation and automation for the concentrator.

Russian Platinum Managing Director Evgeny Vorobeichik said the company is aims to have a highly efficient and environmentally friendly production process in the industrial region of Norilsk.

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“The construction of the Chernogorsk GOK is the first stage of this large-scale project, the implementation of which will make our company one of the leaders in the production of palladium and platinum,” Vorobeichik said.

“Use of advanced technical solutions and reliable equipment is an absolute priority. The partnership with Metso Outotec and continuous support from its local operations in Russia are important components to ensuring the success of the project.”

The new concentrator plant is expected to start production in 2023. It will process nickel-copper ore with high palladium and platinum content from the Chernogorsky deposit with an annual capacity of 7 million tons. Metso Outotec has done the basic engineering for the concentrator plant in the earlier stages of the project.

Metso Outotec President of the Minerals business area Markku Teräsvasara said the company has ample experience with the arctic environment in the Norilsk region as well as with its uniquely rich and demanding ore types.

“We are delighted to be able to support Chernogorskaya in this greenfield project, where we will be delivering the whole concentrator with the latest technology,” Teräsvasara said.