Outotec provides process technology to Sierra Gorda copper-molybdenum project in Chile

OUTOTEC OYJ PRESS RELEASE, NOVEMBER 8, 2011 AT 12:45 PM Outotec provides process technology to Sierra Gorda copper-molybdenum project in Chile Outotec has signed a contract with Quadra FNX Mining Ltd. for the design and delivery of process solution to the new copper-molybdenum concentrator located in Sierra Gorda, close to Antofagasta in northern Chile. The contract value is about EUR 26 million. The majority of the contract is booked in Outotec's Q3 order intake with a small part being booked in the fourth quarter. Deliveries of Outotec TankCell(® )e300 flotation cells, concentrate and tailings thickeners as well as filters are scheduled to be completed during 2012. In addition, Outotec also provides installation, commissioning and start-up services for the delivered equipment. "Outotec is committed to providing process solutions that enable our customers to recover the valuable metals in the most sustainable manner possible. We are happy that our latest flotation and thickening developments were chosen for the new Sierra Gorda concentrator. For example Outotec TankCell(® )e300 is the most energy efficient flotation cell in the market with 20% lower energy consumption per processed ore tonne compared to other available methods", states Outotec's CEO Pertti Korhonen. For further information please contact: OUTOTEC OYJ Jari Rosendal, President - Non-ferrous Solutions tel. +358 20 529 27 00 Eila Paatela, Vice President - Corporate Communications tel. +358 20 529 2004, +358 400 817 198 e-mails firstname.lastname@outotec.com DISTRIBUTION Main media www.outotec.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Outotec Oyj via Thomson Reuters ONE [HUG#1561845]