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:: FLSmidth Receives Third Large Order from Mongolian Customer
FLSmidth has received orders worth approximately USD 43m from the Mongolian company, Mongolyn Alt (MAK) Group, to supply engineering, procurement and site construction services for the Tsagaan Suvarga copper-molybdenum concentrator project. This greenfield plant, with a capacity of 40,000 tonnes per day of ore, will be located in the central part of the proven Oyu Tolgoi south Gobi porphyry copper belt in southeast Mongolia.
FLSmidth is currently supplying all the main process technology for the project under a separate, previously-awarded contract announced in 2011.
MAK is the third largest company in Mongolia with diverse business activities, including coal and gold mining operations. This will be the Group's first copper concentrator. In February 2012, FLSmidth was awarded an order from MAK for supply of a greenfield cement plant.
"We are very happy to receive this third major order from MAK for their Tsagaan Suvarga copper-molybdenum concentrator project. It confirms our strategy of working closer with our customers, providing the support and services they need as a key to developing long-term partnerships," President of the Mineral Processing Division Peter Flanagan comments.
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