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Outotec to Deliver Iron Ore Pelletizing Technology to Gol-E-Gohar
04/24/2012 - Outotec to design and deliver technology to Gol-E-Gohar Mining & Industrial Co. for an iron ore pelletizing plant located in the Kerman province of Iran.
Gol-E-Gohar Mining & Industrial Co. has contracted Outotec to design and deliver technology for an iron ore pelletizing plant located in the Kerman province of Iran. The plant is to have an annual capacity of approximately five million tonnes of iron ore pellets.
Outotec's scope of delivery includes technology for a traveling grate pelletizing plant, engineering, key process equipment and advisory services. A local contractor will be responsible for civil works and local supply.
Prior to finalizing the contract, Outotec applied for all relevant export approvals from export control authorities and received the necessary permits to ensure that the envisaged technology delivery does not conflict with existing embargo regulations. In anticipation of possible future changes in the regulatory framework, the order value will be booked in Outotec's order backlog gradually during 2012-2015 according to each year's overall progress of the project.
The value of equivalent deliveries for comparable plant sizes is approximately EUR 80 to 85 million. Approximately EUR 25 million will be booked in Outotec's order intake during the second quarter of 2012.
"Outotec's pelletizing technology was selected due to its ability to process a wide range of iron ores, including the magnetites found in Gol-E-Gohar's deposit," notes Pertti Korhonen, Outotec CEO.
Outotec develops and provides technology solutions for the sustainable use of Earth's natural resources. As an international leader in minerals and metals processing technology, Outotec has developed several breakthrough technologies, and also offers innovative solutions for the chemical industry, industrial water treatment and the utilization of alternative energy sources.
