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Outotec books over EUR 200 million of the Udokan contract in its Q3 order intake

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OUTOTEC OYJ  STOCK EXCHANGE RELEASE   AUGUST 8, 2019 AT 4:30 PM

Outotec books over EUR 200 million of the Udokan contract in its Q3 order intake

Outotec announced on June 7, 2019 the contract with Baikal Mining Company for the design and delivery of a greenfield copper concentrator and hydrometallurgical plant for the Udokan project located in the Russian Far East. EUR 36 million of the approximately EUR 250 million contract price was booked in the second quarter order intake. The remaining portion has been booked in Outotec’s 2019 third quarter order intake – roughly two thirds for Minerals Processing and one third for Metals, Energy & Water segment.

Outotec’s main deliveries are expected to take place in 2020.

For further information please contact:

OUTOTEC OYJ

Kimmo Kontola, President - Minerals Processing business unit
tel. +358 40 822 7100

Kalle Härkki, President - Metals, Energy & Water business unit
tel. +358 20 529 211

Saija Kinanen, Director - Corporate Communications
tel. +358 20 529 2044, +358 40 187 5353

e-mails firstname.lastname@outotec.com

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