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MEI Online: Plant Operation News: Middle East & Asia: October 10th 2003


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:: Outokumpu Technology to Deliver Copper Plant for Sepon Project, Laos

Outokumpu Technology, the leading supplier of minerals processing and metallurgical technologies, has agreed with Oxiana Limited, an Australian-based gold & copper mining company, to deliver a new copper solvent-extraction and electro-winning plant and minerals processing equipment for Lane Xang Minerals Ltd. for the Sepon copper project in Laos. The contract price is EUR 32 million.

The scope of Outokumpu Technology's delivery covers basic and detailed engineering, all equipment, installation supervision and commissioning services. The new copper plant will be operational in the first half of 2005 and produce 60 000 tonnes of copper cathodes per annum.

Together with the technology agreement, Outokumpu has made an off-take agreement to buy the whole copper cathode production of the new plant. There is a possibility to use the cathodes as raw material in Outokumpu's copper fabrication operations.

The development of the Sepon copper project and the newly signed agreement is of great importance to Laos. The beneficiation of the high-grade ore reserves and building of new infrastructure as part of the project will make a significant contribution to the gross domestic product of the country.




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