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MEI Online: General Minerals Engineering: Latest News: June 27th 2008


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:: Outotec and Kazgiprotsvetmet Agree on Strategic Partnership

Outotec and Kazgiprotsvetmet (KGCM) of Kazakhstan have signed an agreement on strategic cooperation in the marketing and providing of minerals processing and metallurgical plants and related services in Kazakhstan and the surrounding countries.

Outotec is a leading developer and supplier of proprietary technologies for the mining and metallurgical industries globally. KGCM is the leading engineering company in Kazakhstan focusing on ferrous and non-ferrous metallurgy, processing of rare metals and rare earths, gold mining and machine building. With this new strategic partnership and the combined resources of Outotec and KGCM, the companies aim to increase the number of concentrator and metallurgical plant projects and provide more versatile services to the customers in the area.

"Kazakhstan has the world's largest chromium resources as well as significant resources and production of uranium, silver, phosphorus, nickel, coal and gold. We have already cooperated with KGCM in our earlier large projects in Kazakhstan and I believe that the strategic partnership will provide us more growth opportunities," says Tapani Jarvinen, CEO of Outotec.




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