Metso Corporation's press release of February 27, 2020 at 10:00 a.m. EET

Pavlik Gold JSC has chosen Metso as the supplier for the key crushing and grinding equipment for its ore processing plant in Magadan, Russia. The Pavlik gold plant, which commenced its operations in 2015, currently produces approximately 7 tons of gold annually. With the new equipment, the plant expects to double its ore processing capacity and increase gold production.

Metso's delivery consists of the primary crushing station with a Nordberg® C160™ jaw crusher, one SAG mill and two ball mills with a total installed power of more than 20MW. The order value of approximately EUR 25 million has been booked in Metso's orders received in Q1, 2020. The delivery is expected to take place in the first half of 2021.

"We greatly value our long-term cooperation with Pavlik Gold, where Metso's equipment has been in use already for several years," says Alexey Muzychkin, SVP, Russia and CIS, Metso. "We are sure that the experience and technical competence of both companies in this type of projects will help us rapidly achieve the goals."

Find out more about Metso's solutions for maximizing throughput and energy efficiency in comminution on metso.com (https://www.metso.com/industries/mining/comminution/).

Metso is a world-leading industrial company offering equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. With our unique knowledge and innovative solutions, we help our customers improve their operational efficiency, reduce risks and increase profitability. Metso is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 3.6 billion in 2019. Metso employs over 15,000 people in more than 50 countries. metso.com (https://www.metso.com/), twitter.com/metsogroup

For further information, please contact:

Katerina Tolkki, Marketing and Communications Manager, Russia & CIS, Metso, Tel. +7 495 739 88 80, E-mail: katerina.tolkki@metso.com

Helena Marjaranta, Vice President, Communications and Stakeholder Relations, Metso Corporation, Tel. +358 20 484 3212, E-mail: helena.marjaranta@metso.com

https://news.cision.com/metso-corporation/r/metso-to-supply-core-technology-for-the-pavlik-gold-ore-processing-plant-in-russia,c3047648

https://news.cision.com/metso-corporation/i/metso-ball-mill,c2756002

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