In April 2009, Konecranes received an order for 16 process cranes from China Metallurgical Group Corporation (MCC), the EPC contractor for the Sino Iron ore project at Cape Preston in Western Australia. The Sino Iron project is owned and managed by China based company CITIC Pacific Mining. The cranes will be delivered in January 2010. The parties have agreed not to disclose the value of the order.
Sino Iron is a magnetite iron ore project under construction in Western Australia. Once operational, it will be Australia’s largest magnetite mining and processing operation, and one of the world’s largest mines. It will process and produce 27.6 million tons a year of a mix of magnetite iron ore pellets and concentrate, which will be exported from Australia to China.
The 16 electrical Konecranes overhead cranes will be used in the construction of the mine’s processing plant. When this is ready, the cranes will be used in servicing and maintaining the equipment at the plant. The cranes have a lifting capacity in the range of 5 to 125 tons and spans of 27 to 43 meters.
“Konecranes’ strength in this project was its global coverage with a strong local presence,” says Fredrik Petäjävaara, Process Crane and Modernization Manager, Konecranes Pty Ltd. “The cranes will be made and tested in China and then shipped to Australia. As our customer is based in China, they will be able to follow the manufacturing very closely.”
Further information:
Press
Jaakko Koppinen, Director, Process Cranes
E-mail: [email protected] or phone +358 20 427 2570
Investors and Analysts:
Sanna Päiväniemi, IR Manager
E-mail: [email protected] or phone +358 20 427 2050
This press release is available at our website www.konecranes.com.
Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2008, Group sales totaled EUR 2,103 million. The Group has 9,900 employees, at 485 locations in 43 countries. Konecranes is listed on the NASDAQ OMX Helsinki Ltd (symbol: KCR1V).
