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Metso to Supply Bulk Materials Handling Equipment to Heavy Engineering Corporation in India

October 27, 2008

Metso Corporation press release on October 27, 2008 at 1:00 p.m.

Metso will supply bulk materials handling equipment to Heavy Engineering Corporation Ltd. (HEC) for its material handling project at the Steel Authority of India’s (SAIL), Rourkela steel plant, Orissa, India. The plant is scheduled to commission in February 2011. The value of the order is approximately EUR 15 million and it is included in Metso Minerals’ Q3 orders received.

The order comprises a rotary railcar dumper with a side arm charger, two apron feeders, two twin boom stackers, several different types of reclaimers, four paddle feeders, and a transfer car. The equipment delivery is complemented by design, engineering, supervision of erection, testing and commissioning services.

The new bulk materials handling equipment is for setting up a new ore bedding and blending plant and base blending facilities for the Rourkela crude steel expansion project. When in full operation, the project is expected to process 4.2 million tonnes of crude steel per year.

Heavy Engineering Corporation Ltd was established in 1958, at Ranchi, India. HEC is owned by the Indian Government and it is one of the largest integrated industrial engineering complexes in India. The company is engaged in the design, engineering, manufacture and supply of capital equipment, machine tools and spares including execution of large projects on turnkey basis for core industries.

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 for press, please contact:

Andrew Lewis, Senior Vice President, Mining business line, Metso Minerals India, tel. +44 7775 818601

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright Copyright Hugin AS 2008. All rights reserved.


SOURCE: Metso Corporation




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