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Metso Corporation: Metso and University of Queensland to develop next-generation energy-efficient minerals processing technologies in cooperation with the leading mining companies in Chile

2014-08-05 10:00:00
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Metso Corporation's press release on August 5, 2014 at 11:00 a.m. EET



The 5-year strategic research agreement aims at the construction of a next-

generation minerals concentrator



Metso has signed a 5-year strategic research agreement with The University of

Queensland's JKTech division to develop next-generation technologies and

services for energy-efficient minerals concentration. The agreement is part of a

program where Metso and JKTech SPA will cooperate with the leading Chilean

mining companies to develop Chile as a regional innovation hub for minerals

processing. The research work will be conducted at the existing mines in Chile

with a very clear focus on customer strategic needs. The program's four

principal research themes are primary grinding, ball mill grinding,

classification and coarse particle flotation; the main operational targets are

productivity, energy and water efficiency.



"The goal of this unique research program is to take some serious steps forward

in the development of equipment and methods that will enable the construction of

the next-generation mineral concentrator. A very attractive feature of the

program is that each technology offers a retrofit possibility to improve

existing plant performance and can be utilized at other mines around the world

as well. For Metso, the program offers a way to strengthen both our relationship

with the leading Chilean mining companies as well as our industry-leading

position as the supplier of energy-efficient minerals processing technology and

services," says Jo?o Ney Colagrossi, President of Metso's Mining and

Construction (as of October 1, 2014 President, Minerals, Metso).



Dr. Ben Adair from The University of Queensland will lead the initiative. He has

a long-standing relationship with Metso, particularly in the areas of process

control and equipment application in concentrators.



Pursuing solutions to efficiently exploit the ore bodies of the future



JKTech SPA and Metso are now in discussions with the Chilean mining companies

that have expressed strong interest in the research program and the co-creation

model for technology development. In addition to resources in Metso, JKTech and

the participating mining companies, several experts in the various fields of

study have been identified and will participate in the program on a consultancy

basis.



"We are delighted to partner with Metso in this exciting Program. The 'Next-

Generation Concentrator' will provide a step change in the energy, capital

efficiency and production signatures of process plants for the global minerals

industry. This initiative builds on a long-standing relationship with The

University of Queensland, specifically with the Sustainable Minerals Institute,

SMI-JKMRC and JKTech. Our alliance with Metso will place us on the forefront of

genuine sustainability in minerals processing for the mining sector. Our time

frames for implementation are aggressive and we look forward to a suite of

innovation outcomes for our co-creation industry partners," states Dr. Ben

Adair, Deputy Director, Sustainable Minerals Institute.



"The industry is talking about energy, water and sustainability, but, so far as

we can tell, most of the activity is around incremental developments and fall

well short of what is needed to efficiently exploit the ore bodies of the future

(e.g. lower grades, higher hardness, finer grains). The University of Queensland

is an ideal partner for us, as they have been working with the industry for many

years and have assembled a kind of road map to the future, which is a very

compelling vision and one that we feel is within reach. The current program

embodies a number of these concepts and simultaneously aims at reducing the cash

cost of production and improving capital effectiveness," comments Kenneth Brame,

President, Minerals Processing Solutions business line, Mining and Construction,

Metso.



"The rising energy costs, falling ore grades, use of water, and productivity are

particularly important operational issues for Chilean mines. The potential of

this research program to impact these areas in real-life cases is very exciting.

The new program also offers Metso a great opportunity to develop an even better

relationship with peers in the customer organizations and to enhance the

technical capabilities of Metso in Chile," says Aldo Cermenati, SVP, Pacific Rim

market area, Mining and Construction, Metso.



JKTech is the technology transfer company for the Sustainable Minerals Institute

(SMI) of The University of Queensland (UQ). JKTech SPA is involved in SMI-ICE

Chile, which is an International Center of Excellence in Mining. The center is

one of the 12 centers established by the Chilean Ministry of Economy and the

Chilean Economic Development Agency (CORFO) to develop Chile as a regional

innovation hub across a broad range of industries.



Metso is a leading process performance provider, with customers in the mining,

oil and gas, and aggregates industries. Metso's cutting-edge services and

solutions improve availability and reliability in minerals processing and flow

control, providing sustainable process and profit improvements. Metso is listed

on the NASDAQ OMX Helsinki, Finland. In 2013, Metso's net sales totaled EUR 3.8

billion. Metso employs approximately 16,000 industry experts in 50 countries.

Expect results.

www.metso.com, www.twitter.com/metsogroup



For further information, please contact:



Robert Miller, Sales Director, Chile, Mining and Construction, Metso, tel:

+56 2 2370 2008, robert.miller(at)metso.com



Fernando Samanez, Sales Director, Peru, Mining and Construction, Metso, tel:

+51 1 313 4366, fernando.samanez(at)metso.com



Brian Flintoff, SVP, Process Technology, Canada, Mining and Construction, Metso,

tel: +1 250 317 7037, brian.flintoff(at)metso.com



Lars Grönvall, SVP, Research and Technology Development, Minerals Processing

Solutions, Sweden, Mining and Construction, Metso, tel: +46 70 535 25 45,

lars.gronvall(at)metso.com









This announcement is distributed by GlobeNewswire on behalf of

GlobeNewswire clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and

other applicable laws; and

(ii) they are solely responsible for the content, accuracy and

originality of the information contained therein.



Source: Metso Corporation via GlobeNewswire

[HUG#1846496]





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