Metso to deliver key minerals processing equipment to Canada

Alderon Iron Ore Corp., along with Hebei Iron & Steel Group Co. Ltd. (“HBIS”), have selected Metso grinding mills to deliver efficiencies and meet production goals for the joint-owned Kami Iron Ore Project, located in Newfoundland and Labrador/Canada. As part of the effort to secure long-lead mining and processing equipment for the project, Alderon and HBIS placed an order for two Metso grinding mills: one autogenous (AG) mill and one ball mill. Alderon, who owns 75 % of the Kami Project, views this contract as an important step for the project. Given its manufacturing and services presence in Lachine, Quebec, Metso was a clear choice for the contract. A majority of the ball mill (fabrication of shell, machining of mill heads and trunnions), as well as a portion of the AG mill (machining of mill heads and trunnions) will be manufactured at the Lachine facility.

Metso‘s mill delivery will help the mine reach its 8 million-ton-per-year production goal. The AG mill is 11 m (36 feet) in diameter and 7 m (23 feet) in length, with a 15 megawatt power rating. The ball mill is 6.7 m (22 feet) in diameter, 12.5 m (41 feet) long, and has a 10 megawatt power rating. The Metso grinding mills are scheduled for delivery in Q4 2014, with the Kami Project slated to begin production of iron ore concentrate by the end of 2015.