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Outotec Oyj : Outotec signs another long-term operation and maintenance contract with Russian Copper Company

   Outotec Oyj : Outotec signs another long-term operation and maintenance
                     contract with Russian Copper Company

OUTOTEC OYJ PRESS RELEASE June 17, 2013 at 3.15 PM

Outotec signs another long-term operation and maintenance contract with
Russian Copper Company

Outotec has signed a six-year service contract with ZAO Tominsky GOK, which is
a part Russian Copper Company Group (RCC), for the future operation and
maintenance of the flotation plant, dewatering and reagent departments of
Tominsky copper concentrator, currently under design by Outotec. The contract
value is about EUR 100 million, which will be gradually booked in Outotec's
order intake starting in the second half of 2014. The main part of the
contract will be invoiced as cost/ton according to the tonnage of the ore
processed starting from concentrator plant production start-up, from autumn
2015.

Similar service contract Outotec made with CJSC "Mikheevsky GOK" in January
2013. These agreements demonstrate Outotec's life cycle oriented approach and
Outotec's ability to provide comprehensive service solutions spanning from
spare parts supply to continuous process optimization and responsibility for a
plant's operations, including all systems, personnel and subcontractor
management.

The operation and maintenance contract follows Outotec's earlier EUR 50
million contracts from May 2013 for the process design and engineering of the
entire Tominsky concentrator and the delivery of the main process equipment
for flotation and dewatering, process automation, instrumentation and
electrification.

Once operational by autumn 2015, the concentrator will treat 17 million tonnes
of copper ore annually. Approximately 100 Outotec's operation and maintenance
personnel will be working at the Tominsky site and Outotec's Yekaterinburg and
St. Petersburg service centers, supported by Outotec's global organization.

As part of the signed contract, Outotec will supply spare and wear parts and
reagents for the equipment under its scope of delivery, as well as operation
and maintenance management systems for the concentrator, including remote
monitoring combined with Outotec Proscon® process automation. This enables
efficient plant operation and process optimization for recovery, concentrate
grade and reagent consumption.

The new service contract is expected to provide significant cost saving
synergies for Tominsky GOK, adding to the benefits of the Mikheevsky GOK
concentrator service delivery agreed earlier this year. For example, it will
enable the utilization of tailored training platforms and maintenance planning
to enhance a faster production ramp-up.

"Outotec Operation and Maintenance Service will ensure that the process
parameters can be maintained and further improved during the entire contract
period. These two similar kinds of service contracts will bring substantial
synergies", says Vsevolod V. Levin, President of Russian Copper Company.

"This second long-term operation and maintenance contract demonstrates our
close strategic partnership with Russian Copper Company and our ambition to
provide added value to our customers through life cycle solutions. We have
provided modern technology and together developed their various operations
already for twenty years. I am very pleased that with these service contracts
we can support RCC throughout the life cycle of their plants. In this way the
company will get the best possible return on their investment with minimized
environmental impact. The two new concentrators operated and maintained by
Outotec will produce copper concentrate with low lifetime operating cost,
enabling the sustainable added value for RCC", says Pertti Korhonen,
President and CEO of Outotec.

For further information please contact:

OUTOTEC

Kalle Härkki, President - Services business area
Tel. +358 20529 2901

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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