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2014-05-09

Outotec Oyj: Outotec awarded two 3-year contracts by Samarco for shut-down services

OUTOTEC OYJ PRESS RELEASE MAY 9, 2014 at 4:00 PM

Outotec awarded two 3-year contracts by Samarco for shut-down services

Outotec has been awarded two contracts for the management and execution of
shut-down services of Samarco's four iron ore pellet plants in Brazil. These
contracts, to be carried out together with Samarco's own personnel, will last
until the end of 2016. The first year's services have been booked in
Outotec's 2014 first quarter order intake.

Samarco has, in total, four pellet plants at its manufacturing facility in
Ubú, in the state of Espírito Santo. Outotec has designed, supplied and
installed the two newest indurating furnaces at the facility, both of which
incorporate the use of Outotec core technology. The fourth indurating
furnace, in the largest plant of its type in the world, was successfully
commissioned in March 2014 and it is currently undergoing ramp-up of
production with Outotec's operational support.

Outotec has already performed several big shut-down campaigns for Samarco.
Over 250 workers have been involved in the last repair, which was finalized
ahead of schedule with a zero accident rate.

"Samarco is a major producer of iron ore pellets and our long-term partner.
The new service contracts are a further step towards a real life-cycle
partnership between our companies. Acquired in 2012, Demil Manutenção
Industrial in Guarapari played a significant role in this case. With the
purchase, Outotec took over two on-going long-term maintenance contracts for
Samarco's pelletizing and filtration areas. By combining our resources we can
provide the full range of maintenance, shut-down and technical services for
our customers", comments Kimmo Kontola, head of Outotec's Americas region."

For further information please contact:

OUTOTEC

Kimmo Kontola, President - Americas region
Tel. +1 905 3196 111

Robin Lindahl, President - Metals, Energy&Water business area
Tel. +49 6171 9693 100

Eila Paatela, Director - Corporate Communications
Tel. +358 20 529 2004, mobile +358 400 817198

DISTRIBUTION:
Main media
www.outotec.com

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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: Outotec Oyj via Globenewswire

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