Outotec to supply a mine backfill plant to the Philippines
OUTOTEC OYJ PRESS RELEASE SEPTEMBER 30, 2016 11:00 AM
Outotec to supply a mine backfill plant to the Philippines
Outotec has been awarded a contract by OceanaGold (Philippines) Inc. to design and deliver a paste backfill plant to OceanaGold's Didipio gold mine in the Philippines. The contract price is not disclosed, but similar plants typically cost approximately EUR 10 million. The order has been booked in Outotec's 2016 third quarter order intake.
Outotec's supply includes the design and delivery of a new Outotec Mid Range Continuous Paste Backfill Plant (MPB), which was launched at the Paste 2016 conference in July. The new technology reduces the capital cost of a backfill plant, making it more attractive and affordable for mining companies.
Deliveries from Outotec will be completed by April 2017.
"The most sustainable way to manage mine tailings is to deposit them where they came from, i.e. back to mined underground stopes. In addition to environmental benefits, this paste backfill technology improves safety and productivity. We are very pleased at Outotec to be industry frontrunners in mine backfill technology development", says Kalle Härkki, head of Outotec's Minerals Processing business unit.
OUTOTEC
Kalle Härkki, President - Minerals Processing business unit
tel. + 358 20 529 211
Eila Paatela, Director - Corporate Communications
tel. +358 20 529 2004, +358 400 817198
e-mails [email protected]
DISTRIBUTION
Main media
www.outotec.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Outotec Oyj via Globenewswire
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- NILIT Announces Strategic Expansions, Including a Joint Venture with Shenma in China
- Introducing Night Stalker 4K: the 2024 Top Digital Day & Night Vision Rifle Scope
- HARRINGTON'S AUCTIONEERS & APPRAISERS TO HOLD AN EXCITING ART AUCTION MAY 10
Create E-mail Alert Related Categories
Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!