Metso Corp. recently announced it will supply the mineral processing equipment and services for two processing lines at Northland Resources S.A.’s Kaunisvaara iron ore project in northern Sweden. The order is valued at $293 million.
The deal covers the complete equipment package for the processing plant, including two primary gyratory crushers, two autogenous grinding mills, seven VTM 3000 vertical grinding mills, magnetic separators and seven VPA press filters. It also includes engineering, electrical and automation and the construction of the process plant.
Northland noted that given the long lead times for the mine’s first primary gyratory crusher, an autogenous grinding mill and three vertical grinding mills, they have already been ordered; and, in order to reduce the impact of inflation on the project, prices for the plant equipment have been fixed. Deliveries for the Tapuli and Sahavaara process line equipment are scheduled for mid-2012 and for first and second quarters of 2014, respectively.
The Kaunisvaara iron ore project is located in northern Sweden, approximately 100 km north of the Arctic Circle, in the municipality of Pajala. Annual capacity of the process plant will be 12 million mt of dry iron ore and 5 million mt of iron ore concentrate.