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Metso to Supply Iron Ore Induration Machine to JSW Steel Ltd in India

Posted on: Friday, 6 June 2008, 09:00 CDT

Metso Corporation Press release on June 6, 2008 at 3.00 p.m. local time

Metso Minerals will supply an iron ore induration machine to JSW Steel Ltd. The machine will be delivered to JSW Steel for its Vijayanager facility in District Bellary, India. The delivery will be completed during the first quarter of 2010. The value of the order is approximately EUR 11 million.

The order comprises a 464 square meter induration machine with 177 pellet cars with a feed rate of approximately 375 tonnes per hour of iron ore pellets, as well as start-up, commissioning and training services.

India's third largest steelmaker, JSW Steel Limited engages in the production and sale of various steel products in India. The products are used e.g. in automobile industry, infrastructure projects, as well as in machine and equipment building. JSW Steel is a part of O.P. Jindal Group.

Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. www.metso.com

Further information, please contact:

Rich Schmitz, Vice President, Bulk Materials Handling, Mining business line, Metso Minerals, tel. +1 412 269 5227

Copyright Copyright Hugin AS 2008. All rights reserved.

SOURCE: Metso Corporation

Source: MARKET WIRE

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