re: for info only OUTOTEC OYJ PRESS RELEASE, OCTOBER 6, 2010 AT 3.30 PM
Outotec cooperates with National Development Corporation of Mongolia to develop
Mongolian mineral deposits
Outotec has entered into cooperation with National Development Corporation of Mongolia
(NDC) to conduct a conceptual study for a copper smelter to be located in Sainshand,
Mongolia. NDC is a consortium of the largest Mongolian private sector companies seeking
to contribute in the industrial development of the country.
The cooperation agreement was signed during the visit of the President of Mongolia,
Elbegdorj Tsakhia, to Finland. The Government of Mongolia plans to build an industrial
complex in Sainshand to add value to mineral deposits such as Oyu Tolgoi copper deposit
and to diversify the economy.
"Outotec's portfolio of advanced technologies covers the whole processing chain from
minerals to metals. We were chosen as the technology partner for developing the
Mongolian mining and metallurgical industry because of our leading technological
capabilities and our strong reputation in delivering complete solutions to our
customers", says Outotec's CEO Pertti Korhonen"
Outotec Oyj: Outotec cooperates with National Development ...
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re: for info only, page-60
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