Solutions and life cycle services for the entire Minerals and Metals Processing value chain Outotec VSF®X Plant Robin Lindahl President of Metals, Energy & Water business area Outotec CMD 2013 December 4, London © Outotec - All rights reserved Metals, Energy & Water Sustainable solutions for metals processing, renewable energy production and industrial water treatment 2 © Outotec - All rights reserved Metals: Extensive range of end to end process solutions for virtually all types of ores and concentrates to refined metals as well as sulfuric acid. Energy: Innovative solutions for biomass, coal, sludge, agricultural and industrial by-products as well as oil shale and phosphorus recycling from sewage sludge ashes Water: Our solutions produce water that meets environmental discharge standards, maximize water recycling, and reduce water and energy consumption Solutions for Peers and competitors Non-ferrous metals Ferrous metals and ferroalloys Light metals Renewable & conventional energy Industrial water treatment Services Operation & maintenance Alcan, Alstom, Andritz, Brochot, BSIET, Danieli, Downer, FLSmidth, Foster Wheeler, GEA, Jacobs (Aker), Kobelco, MECS, Mesco, Metso, Midrex, Siemens, SMS Meer, SMS Siemag, Solios, Stultz, Tenova (Bateman, Pyromet), Veolia Water, Xstrata Technology CMD 2013 Metals, Energy & Water Sales and operating profit*) development Sales 12 % 400 350 300 250 200 150 100 50 0 10 % 8% 6% 4% 2% 0% Operating profit, %*) *) Highlights in Q1-Q3 Significant delays in large orders Profitability improved by higher sales and better technology and project mix New technology addition to aluminum value chain (cooperation with Hatch) Several copper smelter upgrades won and in implementation excl. one time items and PPA EUR million Sales Operating profit from business operations *) Operating profit margin from business operations, % *)The Q1-Q3 2013 Q1-Q3 2012 Change % Q3 2013 Q3 2012 2012 842.7 800.6 +5 266.6 276.2 1,161.2 73.6 54.7 +35 27.9 13.4 75.2 8.7 6.8 - 10.5 4.8 6.5 unrealized and realized exchange gains related to currency forward contracts increased profitability by EUR 2.3 (-0.3) million in Q1-Q3 2013. 3 © Outotec - All rights reserved CMD 2013 Strategic intent and focus in the value chain The leading provider of sustainable minerals and metals processing solutions... Minerals processing Sustainable end-to-end solutions from feasibility studies to complete plants and life cycle services for virtually all ore types Refining Extensive range of sustainable end to end process solutions for virtually all types of ores and concentrates to refined metals as well as sulfuric acid, turn-key delivery and life cycle services ... and an innovative provider of sustainable energy and water processing solutions Industrial water treatment Solutions to produce water that meets environmental discharge standards, maximize water recycling and reduce water and energy consumption Energy Innovative solutions for biomass, coal, sludge, agricultural and industrial by-products, sorted waste as well as oil winning from oil shale and phosphorus recycling from sewage sludge ashes. Extensive research facilities and resources, numerous BAT technologies 4 © Outotec - All rights reserved CMD 2013 Leading the solution revolution SUSTAINABLE USE OF EARTH’S NATURAL RESOURCES, MATERIALS PROCESSING AND BEYOND 5 © Outotec - All rights reserved CMD 2013 Solvent Extraction (SX) Method for purifying and concentrating liquid solutions containing valuable metals Prepares liquid solutions for final metal recovery Suitable for various metals: • Copper, nickel, cobalt, uranium, zinc, REEs, etc Widely used around the world • 20% of world’s primary copper produced by using SX Copper ore Leaching Solvent Extraction Example of hydrometallurgical copper extraction process 6 © Outotec - All rights reserved CMD 2013 Electrolysis (electrowinning) Pure Copper Outotec VSF® SX Technology Decades of experience in metals solvent extraction • Technology development since 1970s - Harjavalta, Finland Patented VSF® (Vertical Smooth Flow) technology for superior process performance: • Distinguished technology world-wide • Superior process performance best return on customer’s investment Tens of reference plants around the world • 30% market share in SX copper Sepon Copper, Laos 7 © Outotec - All rights reserved CMD 2013 VSF®X Plant – Video Design 8 © Outotec - All rights reserved CMD 2013 VSF®X - Key Facts Modular revolution for efficient solvent extraction First fully modular SX plant Assembled from prefabricated & transportable settler modules Fast and safe installation Innovative lifecycle services 9 © Outotec - All rights reserved CMD 2013 VSF®X – Actual Customer Reactions “Outotec has been and still is way ahead of the competitors” “Looks like IKEA design. And don´t take this as a complaint. I have never had problems with furniture of IKEA, I like them. Modular design brings benefits, no waste of material and fit for purpose” “Outotec have been thinking in every aspect and detail in their design. They have the best SX technology in the world. Congratulations for excellent product and idea” “Why we did not have this before?”… 10 © Outotec - All rights reserved CMD 2013 VSF®X Customer Value & Benefits Shorter lead time and lower project risks Decades of experience in solvent extraction Lower investment and operation costs Predefined and audited supply chain Proven environmentally sound and sustainable technology Lifecycle services available Social responsibility Economic responsibility 11 © Outotec - All rights reserved CMD 2013 Environmental responsibility Q&A © Outotec - All rights reserved