Denmark’s FLSmidth & Co A/S Supplies Equipment To Copper Molybdenum

DENMARK’S FLSMIDTH & CO A/S SUPPLIES EQUIPMENT TO COPPER MOLYBDENUM PLANT IN ARMENIA

Nordic Business Report
August 5, 2008 Tuesday

Danish cement and minerals technology supplier FLSmidth & Co A/S
(OMX Copenhagen: FLS) said on Monday (4 August) that it has won
a USD47m equipment order from Teghout cjsc, part of the Armenian
company Vallex Group.

The order covers primary comminution and classification equipment for
the production of copper molybdenum, including a SAG mill, a ball mill,
crushers, hydrocyclones and two complete millMax pumps, FLSmidth said.

The equipment will be delivered for a plant at Armenia’s second-largest
copper molybdenum deposit, some 200 kilometres north of Yerevan. The
equipment will ensure the plant a feed capacity of 900 tonnes per hour.

The new order is FLSmidth’s second major minerals order in Armenia
in 24 months.

FLSmidth & Co, headquartered in Copenhagen, Denmark, provides
engineering services for the global cement and minerals industry. The
group has 9,400 employees and reported revenue of DKK19.97bn in 2007.

One British pound (GBP) is worth approximately 1.98 US dollars
(USD). One British pound (GBP) is worth approximately 9.45 Danish
kroner (DKK).