The Finland-base supplier posted a lower-than-expected quarterly profit and new orders, as miners are not spending much on grinding mills and crushers.
FLSmidth Mining News
Metso shapes the industry by introducing easier ways of buying, maintaining and operating aggregates equipment
Metso continues to meet its customers' needs and to shape the industry conventions by expanding its services offering for the aggregates industry with unique Life Cycle Services programs.
A Russian sales manager for Metso's automation division is said to have skimmed money off invoices and cycled the funds through several bank accounts and firms until they ended up in Panama.
The cuts follow a number of reductions announced for the U.S. and Canada last year.
FLSmidth has received an order from the Russian minerals producer Norilsk Nickel Group.
Metso and its peers in a Nordic cluster of mining gear suppliers, including Atlas Corp., Sandvik and FLSmidth have been squeezed by spending cuts among miners in the last three years.
Mark Fielder has been promoted to operations vice president of FLSmidth’s recently formed Non-Ferrous Division. The division pro- vides advanced minerals processing technologies, systems and solutions to the global mining industry.
For the first time in 130 years, FLSmidth, a Denmark based, market-leading supplier of equipment and services to the global minerals and cement industries, has promoted a non-Dane to its executive leadership team.
Global engineering firm The Weir Group has bettered a takeover offer by rival FLSmidth for Brisbane mining equipment manufacturer Ludowici.
FLSmidth has been awarded a contract worth approximately $82 million from the company Allied Nevada Gold to supply equipment and services for its major Hycroft gold mine expansion.
FLSmidth has acquired Essa Australia, a leading international provider of automated mineral sampling and sample preparation systems. The acquisition has made FLSmidth the only company in the African market to provide a full industrial sampling solution to the minerals sector— from sampling to sample preparation and analysis, including particle sizing, laboratory applications and metallurgical testing equipment.
Following FLSmidth’s acquisition of engineering and material handling specialist Roymec in November 2010, all Roymec personnel have now moved over to FLSmidth’s South African headquarters in Constantia Kloof, Roodepoort, creating a staff complement exceeding 400. Read more
FLSmidth has today signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to supply material handling equipment to its coal mine in the Tanjung district of South Kalimantan, some 1000 km from the Indonesian capital, Jakarta. The material handling equipment will be part of Adaro's expansion of its mining operations and will decrease the average hauling distance of the overburden trucking operations as well as reduce the company's dependency on oil. The contract comprises an out-of-pit overburden crushing and conveying system, consisting of FLSmidth ABON sizers, RAHCO overland conveyors, and RAHCO mobile stacking conveyors. The system has a capacity of 12,000 tonnes per hour and an annual overburden volume of 40 million bank cubic metres. The contractual elements regarding construction, supervision and management, as well as field service, will be supplied by FLSmidth Indonesia.
FLSmidth has announced an offer to acquire Australian-listed company ESSA Australia Limited (ESSA). FLSmidth's offer corresponds to an enterprise value of approximately DKK 170m. The offer was unanimously recommended by the Board of Directors of […]
A lawsuit involving the protection of certain Metso intellectual property rights, Metso Minerals Industries, Inc. versus FLSmidth-Excel LLC, Excel Foundry & Machine, Inc., et al., United States District Court for the Eastern District of Wisconsin, […]
FLSmidth has been awarded a contract worth approximately EUR 36m (DKK 265m) by Korba West Power Corporation Limited for supply and installation of a 1,800 tonnes per hour coal handling plant for their upcoming 2×600 […]
A lawsuit involving the protection of certain Metso intellectual property rights, Metso versus FLSmidth-Excel LLC, Excel Foundry & Machine, Inc., et al., United States District Court for the Eastern District of Wisconsin, has been settled. Read […]
FLSmidth has received a contract worth approximately Euros 30m (DKK 223m) from Russian Open Joint Stock Company Pervenets for the supply of equipment for their brownfield Verninskoye gold plant. Open Joint Stock Company Pervenets is […]
FLSmidth has received an order worth approximately 34m Euros (DKK 250m) from Kuwait Cement Company for the supply of in-plant material handling equipment for the second production line at their cement plant located at Shuaiba […]
FLSmidth is being awarded a contract worth approximately EUR70 million by Afcons Infrastructure, India who signed a contract worth approximately $200 million with Jordan Phosphate Mines Co (JPMC) for a new phosphate rock terminal. The terminal will be located about 25 km south of Aqaba - Jordan.
FLSmidth has been awarded a contract worth 49.5m Euros (approximately DKK 368m) from a company in the Middle East for engineering services and equipment for the expansion of a copper mine. The scope of the […]
FLSmidth has signed a contract worth in excess of US$75m with Minera Lumina Copper Chile for the supply of design, engineering, and process equipment for their Caserones copper and molybdenum plant in central Chile. Read more […]
FLSmidth has won a contract worth $49 million from Detour Gold for the supply of equipment for its Detour Lake gold plant in northeast Ontario. The order includes two SAG mills, two ball mills and one gyratory crusher to be delivered over the course of this year and 2011. The open-pit plant will have a [...]
FLSmidth has been awarded its second coal handling order from NTPC this year. The contract from M/s. NTPC – Tamil Nadu Energy Company Ltd. (a joint venture company between National Thermal Power Corporation Limited and […]
FLSmidth has received an order worth approximately USD 31m from Rosemont Copper Company for the supply of 14 filter presses. These minerals-type automated filter presses will be the largest in the world and will be […]