Metso Minerals will supply grinding equipment to Minera Petaquilla, S.A. in Panama for its Petaquilla copper mine, located approximately 100 kilometers west of the Panama Canal. The delivery will be completed by the middle of 2011. The value of the order is approximately EUR 48 million. The order is included in Metso's second-quarter order backlog.
The order comprises two SAG mills of 38 ft in diameter by 24.8 ft in length and four ball mills of 24 ft in diameter and 40.5 ft in length. The order also includes auxiliary equipment and spare parts.
Minera Petaquilla, S.A. is a joint venture company developing its deposit in the Republic of Panama. The company is owned by Inmet Mining Corporation, Petaquilla Copper Ltd. and Teck Cominco Ltd.
Note: Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its almost 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.
For further information, please contact:
Senior Vice President, Sales, Mining business line, Metso Minerals
tel. +1 717 849 7278
Metso Minerals Industries, Inc.
240 Arch Street, York, PA 17403 USA
Tel. +1 717 843 8671
fax +1 717 845 5154