Outotec Oyj : Outotec to deliver technology for the iron ore pelletizing plant in China

Outotec Oyj : Outotec to deliver technology for the iron ore pelletizing plant
                                   in China

OUTOTEC OYJ PRESS RELEASE APRIL 11, 2013 at 2:00 PM

Outotec to deliver technology for the iron ore pelletizing plant in China

Outotec has agreed with Baotou Steel International Economic & Trading Co. Ltd
on the design and delivery of an indurating furnace for a new iron ore
pelletizing plant to be built in China. The contract price is not disclosed,
but deliveries with similar scope are typically worth approximately EUR 30
million. The order has been booked in Outotec's first quarter 2013 order
intake.

Outotec's scope includes basic and detail design for the indurating furnace of
an iron ore pelletizing plant based on modern traveling grate technology. The
indurating furnace is the core of the pelletizing plant, raw pellets are
hardened in the furnace to enable further processing. Outotec will also
deliver proprietary and key equipment for the furnace. The deliveries include
spare parts, training and advisory services for the erection and commissioning
of the furnace. Part of the services and supplies will be of Chinese origin.

The furnace will be specifically designed for the processing of iron ores with
high sulphur contents. Baotou Steel is planning to complete the erection of
the plant and start commissioning by the end of 2014. Its annual capacity will
be 5 million tonnes of iron ore pellets.

About two thirds of the global pellet production derives from Outotec's
environmentally sound traveling grate pelletizing process. Technology enables
large capacities with low operational costs.

"We are happy with the continuation of the traveling grate story in China. It
has started already in the 1960's with the delivery of the first indurating
furnace to Baotou Iron & Steel, and continued in 2010 with a similar supply to
Shougang Jingtang. The reliable and energy-efficient traveling grate
technology is clearly gaining acceptance by the Chinese market," says Pekka
Erkkilä, President of Outotec's Ferrous Solutions business area.

For further information please contact:

OUTOTEC

Pekka Erkkilä, President - Ferrous Solutions
Tel. +358 20 529 2143 (Finland), +49 6171 9693 (Germany)

Eila Paatela, Director - Corporate Communications
Tel. +358 20529 2004, mobile +358400 817198

Emails: firstname.lastname@outotec.com

DISTRIBUTION:
Main media
www.outotec.com

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