Metso Corporation's press release on February 24, 2020 at 10:00 EET

The Indonesian gold and silver producer PT Agincourt Resources (PTAR) has chosen Metso's energy efficient grinding technology to be used at the company's Martabe gold mine in Sumatra. The Metso Vertimill® VTM-4500 stirred mill is the largest of its kind to be installed in Indonesia. The order has been booked in Metso's orders received in Q1, 2020, and is expected to be commissioned by July 2021.

"PTAR worked with Orway Minerals on the circuit concept and with Ausenco on the process flowsheet design, and Metso won the competitive tender process for the additional milling capacity deemed a requirement from the process modelling. Engagement with Metso in Indonesia supporting this work and their ability locally was also important when selecting the appropriate vendor" says Darryn McClelland, Operations Director at PT Agincourt Resources.

Metso Vertimill® provides the lowest total cost of ownership compared to other grinding mills in many applications thanks to its high energy efficiency, reduced media consumption, low installation cost as well as minimal liner wear and maintenance. It is capable of handling feed sizes up to 6mm and grinding to products less than 20 microns and it is available in standard mill sizes ranging from 15HP (11kW) to 4500HP (3352 kW). 

"We are proud to have PT Agincourt Resources as our customer. The Martabe gold mine has utilised Metso crushers and additional equipment in their production process, and the Vertimill® is an excellent choice for further increasing their comminution circuit's output," says Ben Weetman, Vice President, Asia Pacific, Metso.

PT Agincourt Resources (PTAR) is an Indonesian based mining company engaged in exploration, mining and mineral processing of gold and silver. Its sole operating site is the Martabe gold mine in Sumatra.

Discover more about Vertimill (https://www.metso.com/products/grinding-mills/stirred-mills/vertimill/)® from our website.

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:

Ben Weetman, Vice President, Asia Pacific Minerals, Metso, Tel. +65 9672 2809, E-mail: ben.weetman@metso.com

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

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