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Metso Corporation Signs Contract with Russian Copper Company Worth Over EUR 140 Million

Investing News Network
Apr. 19, 2013 10:25AM PST
Base Metals Investing

Metso Corporation has signed a six and a half year contract with ZAO Russian Copper Company (RMK), for their Mikheevsky copper concentrator in southwestern Russia, which marks the largest contract in the company’s history.

Metso Corporation has signed a six and a half year contract with ZAO Russian Copper Company (RMK), for their Mikheevsky copper concentrator in southwestern Russia, which marks the largest contract in the company’s history.

As quoted in the press release:

The new agreement is an extension to an earlier services contact signed in 2011, making it the largest ever services agreement for Metso. The value of this addition is over EUR 140 million.

Metso’s , President, Mining and Construction, Andrew Benko, said:

This significant order with Russian Copper Company demonstrates our ability to make a true and sustainable difference to our customers’ businesses. Metso is today a complete service provider and long-term service partnerships create value for both our customers and Metso. By adding grinding media to our services portfolio we can strengthen our position and offering to our customers even further.

To view the whole press release, click here.

 

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