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Saturday, June 8, 2019 - 10:35:22 AM
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Mining News Pro - Outotec has signed a contract with Baikal Mining Co for the design and delivery of a greenfield copper concentrator and hydrometallurgical plant for the Udokan project.
According to Mining News Pro - The Udokan project is located in the Kalarsky District in the far east of Russia. The contract price is approximately €250 million (US$283 million), of which approximately €35 million will be booked in Outotec`s June quarter order intake.
Outotec`s delivery includes basic and detail engineering of the concentrator and copper hydrometallurgical plant, procurement, delivery of main process equipment as well as installation supervision, training and start-up services.
The new metallurgical complex is expected to operate with the annual capacity of 12Mt of ore and producing 130,000t of copper as high grade sulphide concentrate and as cathodes. Outotec`s main deliveries are expected to take place in 2020.
Markku Teräsvasara, CEO of Outotec, said: "Udokan is the world`s third largest known undeveloped copper deposit. We are extremely pleased about being selected as a technology partner in this significant project. Our proven technologies and services enable Baikal Mining Company to develop their operations in a sustainable way and get the best value from their assets."
Valery Kazikayev, chairman of the board of directors at Baikal Mining Co, commented: "As a result of years of research, together with leading Russian and international engineering companies, we have developed a unique flowsheet for processing the Udokan copper deposit. With Outotec`s expertise and technologies we can automate the processes to the maximum extent."
Short Link:
https://www.miningnews.ir/En/News/383734
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