Metso to supply fully automated crushing plant to Consorcio Construtor Belo Monte in Brazil

HELSINKI, FINLAND -- (Marketwire) -- 02/03/12 --

Metso Corporation's press release on February 3(rd), 2012 at 10:15 a.m. local time

Metso has signed a contract with Consorcio Construtor Belo Monte (CCBM) to supply equipment to the construction of the Belo Monte hydroelectric power plant (UHE Belo Monte) in Brazil. The project is located at the Xingu River, Pará State, in the northern region of the country. In addition to the equipment, the contract also includes services and parts. The value of the order is some EUR 30 million.

According to the contract, Metso's scope of delivery will comprise three automated large crushing plants, two portable plants and two mobile Lokotrack plants.

"This is the biggest contract Metso has signed in the Brazilian construction industry in the last few years. This supply with fully automated plants with the latest technology consolidates our presence in the construction of the largest hydroelectric power plants in the country. Furthermore, Belo Monte is a project that contributes to the development of the country by providing clean and renewable energy and economical growth," notes Dionísio Covolo, Commercial Director for Construction Equipment, Metso.

The complete delivery is scheduled for the first quarter of 2013. The order has been included in Mining and Construction third and fourth quarter 2011 orders received.

Consorcio Construtor Belo Monte is a consortium of ten construction companies, hired by Norte Energia S.A. for the construction of the Belo Monte hydroelectric power plant. Norte Energia S.A. is the company responsible for the implementation, construction and operation of the project UHE Belo Monte.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 29,000 employees in more than 50 countries. www.metso.com

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Source: Metso Corporation via Thomson Reuters ONE

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For further information, please contact:

Dionisio Covolo,
Commercial Director for Construction Equipment, Mining and Construction
Metso
tel +55 15 2102-1533