Outotec Inks SPCC SX/EW Deal

Outotec has agreed with Southern Peru Copper Corporation (SPCC) for the delivery of a copper solvent extraction and electrowinning plant for SPCC’s Tia Maria project in Arequipa region in Peru. The $150m contract covers basic and detail engineering, proprietary equipment and services for the construction supervision and commissioning. The Tia Maria project includes development of a new processing unit and when completed in 2010, it is expected to produce 120,000 tons of copper cathode per year.