Aker Solutions previously completed a feasibility study for the MAP Project. The initial phase of the project consists of a hydrometallurgical plant to further process molybdenum concentrates at rate of 30,000,000 lbs per year, producing refined ammonium dimolybdate (ADM) and molybdenum trioxide (MoO3).

The MAP project is intended to enable lower-grade concentrate to be processed more efficiently than conventional roasters, allow improved molybdenum recovery and operating flexibility and enable production of chemical grade molybdenum products.  Molybdenum is a by-product of copper production and is used in metal alloys, including steel, to enhance toughness, high temperature strength and corrosion resistance. It is also a key component in oil refining catalysts used to remove sulphur from fuel and improve air quality.

Molybdenum is seen as a major element in the nonferrous metals industry and a strong contributor to sustainability initiatives.

"Aker Solutions is very proud to be involved in the MAP project where we are developing more environmental responsible and energy efficient ways of designing projects," says Dave Lawson, President of Global Metals, Aker Solutions.

The schedule considers a mechanical completion of this work in the third quarter of 2010.

The contract was awarded to Aker Metals Inc. and Aker Industrial Constructors Inc. in Tucson, Arizona USA, subsidiaries of Aker Solutions. It was booked in the second quarter 2008.

Kennecott Utah Copper Corporation is a member of the Rio Tinto Group.  Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.

The New Aker Solutions

For over 150 years, Aker Solutions has delivered solutions for some of the world's most complex engineering and construction challenges. The name Aker Solutions represents a simplification and strengthening of our corporate identity and outlines our offering of comprehensive industrial solutions. It identifies our connection with Aker, a large industrial group with operations in industries and sectors with which we are engaged. It communicates the long term committed ownership of Aker, our synergies with other Aker companies and between our business units and business areas.

ENDS

 

Media:
Guy Carraux, Vice President, Aker Metals Inc., Tucson, Arizona USA
Tel: +1 520 917 5479, Mob: +1 520 609 8925

Mark Veillette, Vice President, North America and Russia, Aker Industrial Constructors, Inc., Houston, Texas USA  Tel: +1 281 817 2039

Lola Kolbach, Communications Manager, Aker Solutions, Santiago, Chile
Tel: +56 2 336 3520

Jannik Lindbæk Jr., SVP Corporate Communications, Aker Solutions, Oslo, Norway
Tel: +47 67 51 30 36, Mobile: +47 977 55 622

 

Suppliers:

For further information about sourcing and potential subcontracts for this project, please contact:
Rodger Liang, VP Supply Management,  Aker Solutions.  Tel:  +86 10 640 966 36

 

Investor Relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mobile: +47 911 37 194

 

Career opportunities:

Visit: http://www.akersolutions.com/Internet/CareerCentre

 

Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities. 

Aker Solutions' parent company is Aker Solutions ASA.  Aker Solutions has aggregated annual revenues of approximately NOK 58 billion and employs approximately 24 000 people in about 30 countries.

Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. As an industrial owner controlling 40.27 percent of the shares in Aker Solutions through Aker Holding AS, Aker ASA takes an active role in the development of Aker Solutions.  

Aker Solutions' Process and Construction business area is a world leader in the project management, design and construction of major projects spanning refining, petrochemical processing, metals and mining, power generation, and acid plants.  From initial concept through technology development, process technology application, design, procurement, construction, commissioning, operations, maintenance, modification and decommissioning, we provide our customers with the full life cycle of services.  Process and Construction provides sound local expertise, combined with the depth and strength of global project operations.

Aker Solutions provides design, engineering, procurement, construction and project management services for mining and metals processing facilities on every continent. With its Metals Headquarters based in Santiago, Chile, Aker Solutions has other metals offices located in Lima, Peru; Toronto, Canada; Tucson, Arizona, U.S.A.; combined with regional metals capabilities in Perth, Brisbane, Adelaide and Melbourne, Australia; Mumbai, India and Stockton-on-Tees, U.K.  Aker Solutions provides global capability to serve its clients across the full project cycle from studies through to design engineering, procurement, construction, commissioning and startup.  Specialised expertise spans: precious metals, nickel, copper, molybdenum, iron ore, zinc, uranium, evaporites and industrial minerals.

This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.