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FLSmidth to deliver cement plant in Mongolia

World Cement,

FLSmidth has been awarded a contract worth approximately €86 million (DKK 640 million) from the Mongolian company, Mongolyn Alt (MAK) Group, to supply a greenfield cement plant. The plant will be located some 330 km from the capital city Ulaanbaatar.

The order follows an earlier announcement that FLSmidth will supply a greenfield copper concentrator for one of MAK's mines in Mongolia.

FLSmidth will deliver all equipment, engineering and commissioning for the cement plant, which will have a capacity of 3000 tpd.

Group CEO, Jørgen Huno Rasmussen, said: "This order is a great example of FLSmidth’s technological strengths in both the cement and minerals industries, and it confirms our expectations for the rapidly developing Mongolian market, where we recently decided to invest in a regional Super Servicecenter for both minerals and cement. MAK is already a valued customer and we are very pleased to be able to supply state-of-the-art technology to both their copper and cement business."

The order will contribute beneficially to FLSmidth’s earnings until 2014.

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