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Metso inks equipment deal with major copper mine

Metso has received a major equipment order from Barrick Gold and its Lumwana copper mine in Zambia.

Lumwana is a conventional open-pit operation situated about 100km west of Solwezi in Zambia’s copperbelt, which is one of the most prospective copper regions globally. Lumwana ore is treated through a conventional sulfide flotation plant that produces copper concentrate.

Lumwana is currently undergoing an expansion, which will see it become a major copper mine with a projected annual production of 240,000 tonnes of copper per annum.

Barrick’s new equipment agreement with Metso will see the latter supply equipment for the Lumwana copper concentrator plant.

Valued at approximately $EUR70 million ($112.7 million), Metso’s scope of delivery includes key equipment for grinding, flotation, thickening, feeding and filtration. The order is part Metso’s third quarter order intake for 2024, falling under the minerals segment.

”We are honoured to have been selected by Barrick as the strategic partner for this project,” Metso deputy chief executive officer and president of the minerals business area Markku Teräsvasara said.

“The copper concentrate production process in Lumwana has been designed with sustainability and production efficiency in mind, with most of the equipment selected from our planet positive offering.”

Metso defines ‘planet positive’ as products and services that are distinctive from a sustainability perspective, address customers’ sustainability needs, and build on its competitive advantages.

Metso’s ‘planet positive’ portfolio is considered to be more energy- or water-efficient than the industry benchmark, and is made up of over 100 products. 

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