Metso to Supply Mining Equipment to OAO Severstal's Olkon Mine

Metso to Supply Mining Equipment to OAO Severstal's Olkon Mine in
HELSINKI, FINLAND -- (Marketwire) -- 01/23/13 --  Metso Corporation's
press release on January 23, 2013 at 11:00 a.m. local time 
The high-capacity drying system will improve mine performance 
Metso will supply OAO Severstal with a complete rotary drying system
for their
iron ore plant upgrade project at the Olkon mine in
Olenegorsk, Russia. The high-capacity single-line system will replace
multiple existing rotary dryers.
Metso's delivery also includes a
modern automation system, which will enable
tighter control of the
process. The value of the order will not be disclosed. 
The new drying system will improve the mine's performance by
incorporating the
use of the most modern technologies in air
filtration and burner management.
This will result in lower fuel
consumption, operational and maintenance costs,
as well as minimize
particulate emissions. 
"We decided to choose Metso, since they offered the best balance of
cost and
technical solutions," says Pavel Lezhnev, Purchasing Director
at OAO Severstal.
"New equipment will not only improve our
performance, but also increase energy
efficiency and environmental
performance, which are also very important for us",
he adds. 
"Olkon's existing equipment for iron ore drying had reached its
service lifetime. Olkon chose Metso to provide the best solution for
their application,
based on our ability to design and supply optimized
drying technology with enhanced efficiency," says Sales Engineer
Michael Schiefer at Global Product
Sales, Pyro, Mining and
Construction, Metso. 
"Our longstanding relationship with Olkon, our ability to meet modern
operational requirements and the close cooperation in the process
design of this
project also contributed to Olkon's decision to choose
Metso as the supplier for the equipment. Furthermore, Metso was the
only supplier with the ability to offer a very high-capacity
single-line system," says Yuri Pedan, Key Account
Manager, Russia,
Mining and Construction, Metso. 
Metso's drying system will dry high-grade iron ore concentrate at a
rate of 625
metric tons per hour in one processing line. The delivery
consists of a direct-fired rotary dryer, including process and
equipment design, firing system, air pollution control equipment,
instrumentation, plant control system, and project
The delivery is included in Mining and Construction fourth quarter
2012 orders
received. The delivery will be completed by the fourth
quarter of 2013. 
OAO Severstal is one of the world's leading vertically integrated
steel and steel-related mining companies, with assets in Russia, the
USA, the Ukraine,
Latvia, Poland, Italy, Liberia and Brazil.
Severstal's crude steel production in 2011 reached 15.3 million tons. 
Metso's mining and construction professionals specialize in always
bringing the
right technology, processes, machinery and services to
our customers in the aggregates production, construction, mining and
minerals processing. 
Metso is a global supplier of technology and services to customers in
the process industries, including mining, construction, pulp and
paper, power, and
oil and gas. Our 30,000 professionals based in over
50 countries deliver sustainability and profitability to customers
worldwide. Expect results. , 
This announcement is distributed by Thomson Reuters on behalf of
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other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and     
originality of the information contained therein. 
Source: Metso Corporation via Thomson Reuters ONE 
For further information, please contact: 
Yuri Pedan
Key account manager
Mining and Construction
tel. +7 985 977 50 87
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