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FLSmidth wins copper contract in Peru

World Cement,

FLSmidth has signed a contract with Chinese-owned Minera Chinalco Peru for equipment for its Toromocho copper mine in the Morococha mining district about 140 km east of Lima, the capital of Peru. The contract value is expected to be worth in excess of US$ 30 million (DKK 150 million).

FLSmidth is to provide detailed engineering and design, as well as manufacture and delivery of equipment, including two overland conveyors, seven in-plant conveyors, and two belt feeders. The overland conveyor will be one of the most complex conveyors in the world. It will be 5.2 km long and will have 9 MW of installed power. The conveyor will have complex vertical and horizontal curves and can demand or regenerate power depending on loading conditions.

‘Peru continues to be one of the most active minerals areas in the world and FLSmidth has a long time presence in the country. FLSmidth owned Conveyor Engineering has been providing material handling solutions in Peru since the mid 1990s and has supplied some of the largest systems in the country. The conveyor solution included in this order consists of cutting-edge technology and know-how - making it one of the most complex conveyors yet,’ Group CEO Jørgen Huno Rasmussen comments.

The order will contribute beneficially to FLSmidth's earnings until the last equipment has been supplied in late 2010.

Headquartered in Beijing, Chinalco and its subsidiaries have operations across 22 provinces in China and 15 overseas offices across 10 countries. The Toromocho copper mine, previously owned by Peru Copper Inc., is one of the company’s largest overseas assets. At 15 000 feet Mount Toromocho, composed of almost 2 billion t of copper ore, is set to become one of the most productive copper mines on the planet. Chinalco acquired the mine last year, and plans to utilise the copper in electrical wire for the electrification of China.

FLSmidth Minerals acquired Conveyor Engineering in March this year. The company has an office in Chile, from which it is well equipped to serve the Latin American market.

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