Svedala receives two new orders valued at SEK 235 million

Svedala receives two new orders valued at SEK 235 million On Friday (March 30), Svedala received its second major order within the bulk materials handling area within a short period. An order valued at SEK 160 million was received in February. Combined, the two orders are valued at more than SEK 235 million. The equipment will be delivered and installed at the MRN mines and at the Alunorte plant, both located in northern Brazil. The orders were secured jointly by Svedala sales company in Brazil and Svedala Bulk, USA. Alunorte order valued at about SEK 75 million The order was placed by Alunorte (Alumina do Norte do Brazil) - a plant for recovery of aluminium production. The value of the order is about SEK 75 million (excl erection) and comprises a complete bulk materials system for handling of bauxite ore that is used for aluminium production. Engineering and design work for the system was carried out jointly by the competence centers of Svedala Bulk in the US, Brazil and India, and all equipment will be manufactured by Svedala plants in Brazil. The plant start up is scheduled for August 2002. Alunorte is in an expansion phase and intends to make more major investments during the next years. MRN order valued at SEK 160 million MRN (Mineracao Rio do Norte) is the largest mine in Brazil for recovering of bauxite ore. In addition to a complete new installation the order also comprises engineering and equipment for the expansion and modernization of the existing mining complex. MRN has been a customer to Svedala Brazil for many years. Favourable experiences from previous deliveries from Svedala combined with a broad local service network, were determining factors for MRN in selecting a cooperation partner. The value of the total order is about SEK 160 million excluding erection. The total installation is scheduled for operation in September 2002. MRN will also, in the years ahead, make large investments in order to increase production and enhance process efficiency. Mining shows positive trends in South America The mining industry in South America has recovered very rapidly from last year's decline according to Joao Colagrossi, Svedala President in South America. Many of the region's major mining companies have announced considerable investments for the years to come. Combined with the order published earlier in February the division has, during the first quarter, received larger projects amounting to SEK 335 million in South America. Svedala Industri AB Information Department For further information, please contact: SVP and Chief Financial Officer Thomas Hansson, phone no +46-40-24 58 26 or Information and Marketing Director Ulla Frithiof, phone no +46-40-24 58 47. This is Svedala Svedala is a world-leading supplier of equipment, service and parts to the construction and mineral processing industries. Svedala sales are partly through its own Svedala House organization, which comprises 200 sales and service units in some 50 countries, and partly through a well- established network of dealers and distributors worldwide. The Group's complete range of equipment for extraction and handling of bulk minerals means that Svedala can offer customers complete total solutions for more efficient and more reliable processes. In addition, Svedala has the broadest range of service, wear and spare parts on the market. ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download: