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2015-10-01

Metso Corporation: Metso's in-pit crushing solution reduces emissions and improves safety at major Russian iron ore mine

Metso's in-pit crushing solution reduces emissions and improves safety at
major Russian iron ore mine

Metso Corporation's press release on October 1, 2015 at 1:00 p.m. EET

Metso has successfully put into trial operation a state-of-the-art, in-pit
crushing and conveying system for the Olkon (Olenegorskiy GOK) iron ore mine
in Russia. After a two-year construction period, the system is now operating
at full speed and yielding significant benefits.

Before the Metso solution, Olkon relied on a traditional crushing process with
no in-pit facilities. Having an in-pit crushing and conveying process
provides savings in the operating costs of truck fleets, prevents potential
accidents and reduces CO2emissions. Instead of hauling the blasted ore from
the pit to the plant with trucks, the ore is crushed directly in the pit and
conveyed onwards.

In the picture: Alexey Tyukavin, Vice Governor of Murmansk region; Alexander
Popov, General Director, Olkon; Oleg Samarsky, Head of Olenegorsk.

"The successful start-up of the crushing and screening equipment and the belt
conveyor in our mine gives many other mining companies reason to have
confidence in the solution. In fact, we were the first company to implement
such a system in Russia," says Alexander Popov, General Director of Olkon.

"This system is unique for Severstal, as well as for the entire mining
industry in Russia and Europe. We have been working with Metso for many years
and completed several successful projects. In-pit crushing and conveying has
now been added to this list," he continues.

To achieve a world-class, in-pit system, Olkon was looking for a single
supplier with enough knowledge to provide a complete in-the-pit solution.
Metso's expertise at Olkon covers both primary and secondary crushing as well
as conveying, with a capacity of 1,200 tons per hour.

"This project is the result of excellent cooperation between Olkon, their
technical representative SPb Giproshakht and Metso. Metso mobilized
cross-national teams to design and implement the crushing and conveying
solution in the pit. Olkon placed their confidence in Metso for our process
expertise and project implementation capabilities, as well as in our
machines. In return, Metso has provided a showcase in-pit solution," says
Frédéric Barou, Senior Project Manager, Metso.

The Metso system consists of an AF10-84 apron feeder, a Nordberg®C200(TM) jaw
crusher, an RF2448 mining screen, a Nordberg®HP800(TM) cone crusher,
conveyors as well as custom-made electrics and automation systems, all feed
and support structures, and maintenance equipment. Metso also provided
installation supervision, startup support and commissioning.

Easier maintenance and reduced energy consumption

Clever engineering and attention to detail bring additional benefits. The
conveyors, part of Metso's new Nordberg®NCHD mining range, are maintenance
friendly and provide superb protection against the freezing temperatures. The
hopper design features a notable buffer that reduces wear lining consumption.
In addition, all components are controlled by a highly sophisticated,
Metso-designed control system, which keeps the flow rate constant and
optimizes the load on the crusher. This enables improved energy consumption
per ton compared with uncontrolled crushing stations of the former
generation.

To maximize safety, the system includes a comprehensive set of access and
maintenance platforms for all machinery. Metso also designed and installed
guards and covers, mostly on the conveyors and crushing stations, which
comply with the latest standards. Electrical features include a very safe
maintenance mode with local control boxes, as well as lockable motor
isolation switches that are appreciated in all industrial plants, providing
increased safety for maintenance personnel.

Arctic iron

Located 200 km north of the Arctic Circle in Olenegorsk, Murmansk region,
Olkon is the northernmost and one of the major Russian producers of iron ore
concentrate. The mine employs 1,900 people, and its production capacity is
around 4.4 million tons of product per year. Its owner, Severstal, is one of
the world's largest vertically integrated steel and mining companies.

More information about in-pit crushing and conveying:
http://www.metso.com/showroom/mining/in-pit-crushing-and-conveying-saves...

http://www.metso.com/solutions/in-pit-crushing-and-conveying-ipcc-soluti...

Metso is the world's leading industrial company in the mining and aggregates
industries and in the flow control business. Our knowledge, people and
solutions help drive sustainable improvements in performance and
profitability in our customers' businesses.

Metso has an uncompromising attitude towards safety. Our products range from
mining and construction equipment and systems to industrial valves and
controls. Our solutions are delivered and supported by decades of process
knowledge and a broad scope of services backed by a global footprint of over
90 service centers, thousands of service employees, and an extensive
logistics network.

Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2014, Metso's net
sales totaled EUR 3.7 billion. Metso employs approximately 13,000 industry
experts in more than 50 countries. Expect results.

www.metso.com,www.twitter.com/metsogroup

For further information, please contact:

Katerina Tolkki, Marketing and Communications Manager, Russia&CIS, Metso, Tel.
+7 495 739 88 80, e-mail: katerina.tolkki@metso.com

Anne Rantanen, Director, Global Communications, Metso Corporation, tel. +358
20 484 2253, email:anne.rantanen@metso.com

Picture from Olkon
http://hugin.info/3017/R/1955987/712358.JPG

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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: Metso Corporation via Globenewswire

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