Outotec has signed a contract with Quadra FNX Mining Limited for the design and delivery of process solution to the new copper and molybdenum concentrator located in Sierra Gorda close to Antofagasta in northern Chile.

The contract value is about EUR 26 million. The majority of the contract is booked in Outotec's Q3 order intake with a small part being booked in the Q4.

Deliveries of Outotec TankCell e300 flotation cells, concentrate and tailings thickeners as well as filters are scheduled to be completed during 2012. In addition, Outotec also provides installation, commissioning and start up services for the delivered equipment.

Mr Pertti Korhonen CEO of Outotec said that "Outotec is committed to providing process solutions that enable our customers to recover the valuable metals in the most sustainable manner possible. We are happy that our latest flotation and thickening developments were chosen for the new Sierra Gorda concentrator. For example Outotec TankCell e300 is the most energy efficient flotation cell in the market with 20% lower energy consumption per processed ore tonne compared to other available methods.”