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FLSmidth: FLSmidth receives third large order from Mongolian customer

Company Announcement to the Danish Financial Supervisory Authority No.
11-2014, 7 May 2014.

FLSmidth has received orders worth approximately USD 43m (approximately DKK
231m) from the Mongolian company, Mongolyn Alt (MAK) Group, to supply
engineering, procurement and site construction services for the Tsagaan
Suvarga copper-molybdenum concentrator project. This greenfield plant, with a
capacity of 40,000 tonnes per day of ore, will be located in the central part
of the proven Oyu Tolgoi south Gobi porphyry copper belt in southeast

FLSmidth is currently supplying all the main process technology for the
project under a separate, previously-awarded contract announced in 2011 (see
Company Announcement No. 34-2011, 23 December 2011).

MAK is the third largest company in Mongolia with diverse business activities,
including coal and gold mining operations. This will be the Group's first
copper concentrator. In February 2012, FLSmidth was awarded an order from MAK
for supply of a greenfield cement plant (see Company Announcement No.
06-2012, 9 February 2012).

"We are very happy to receive this third major order from MAK for their
Suvarga copper-molybdenum concentrator project. It confirms our strategy of
working closer with our customers, providing the support and services they
need as a key to developing long-term partnerships,
" President of the Mineral Processing Division Peter Flanagan comments.

The order will be booked by the Mineral Processing Division and contribute
beneficially to FLSmidth's earnings until mid 2017.


Please address any questions regarding this announcement to President of the
Mineral Processing Division Peter Flanagan, FLSmidth&Co. A/S at +45 36 18 18

For further information about FLSmidth, please

Yours faithfully

Pernille Friis Andersen
Corporate Communications&Investor Relations

Link to PDF version


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FLSmidth via Globenewswire


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