LEMMINKÄINEN CORPORATION PRESS RELEASE 27.3.2012 at 9 AM.
LEMMINKÄINEN WINS THREE CONTRACTS FOR LKAB IN NORTHERN SWEDEN
Lemminkäinen’s cooperation with Swedish mining company LKAB is continuing, with three construction and plant projects in the Malmfälten mining area in Northern Sweden. The projects’ total value is roughly 14 million euros.
Comprising the construction of a new pelletizing conveyor in Svappavaara, a new tailings transport chute at the Kiruna mine and a new flue gas purification plant at the pellet plant in Malmberget, the projects started early this year.
The pelletizing conveyor project comprises earthworks, concrete works, a steel frame, outer walls and roof for a new industrial plant. The project is due for completion in September 2012.
At the Kiruna mine, Lemminkäinen will build a 600-metre transport chute for tailings, to facilitate the removal of wastewater generated in production. This project, comprising a weir and concrete works, will run until October 2012.
A flue gas purification plant, for purifying gases originating in production, will be constructed at the pellet plant in Malmberget. This project comprises earthworks, concrete works, a steel frame, outer walls and a roof. The estimated month of completion is January 2013.
Lemminkäinen is currently working on work tunnel excavation contracts for LKAB’s Kiruna iron ore mine in Sweden. Ordered in 2010, this project totals around EUR 55 million in value. LKAB, owned by the Swedish Government, operates three mines in Kiruna, Svappavaara and Malmberget. LKAB is Sweden’s leading refiner of iron ore products and was its eighth-largest export company in 2010. The value of its exports is more than 2.6 billion euros in total.
Ilkka Kerkelä, Director
Lemminkäinen Infra Oy, Northern Finland
Tel. +358 2071 59067
Mikael Sidér, Regional Director
Lemminkäinen Sverige AB, Norra Norrland
Tel. +4676 797 27 12
NASDAQ OMX Helsinki Ltd
Lemminkäinen Group operates in all areas of the construction sector. The Group’s operations are organised into four business sectors: building construction, infrastructure construction, technical building services and international operations. Net sales in 2011 were about EUR 2.3 billion, of which international operations accounted for roughly a third. The Group employs 8,400 people on average. Lemminkäinen Corporation’s share is quoted on NASDAQ OMX Nordic Exchange Helsinki. www.lemminkainen.fi