Metso Oyj : recognized by Freeport-McMoRan as long-term strategic partner

Press release October 7, 2016 11:00:00 AM CET

Metso recognized by Freeport-McMoRan as long-term strategic partner

Metso Corporation's press release on Month Day, 2016 at 12:00 noon EET

Metso has been presented with an award by Freeport-McMoRan Inc. for the long-term partnership between both companies. The award was presented to Metso at the MINExpo International 2016 tradeshow in Las Vegas in September.

'Your long-time support of Freeport-McMoRan has been a cornerstone of our success. Most recently, your highly motivated team has partnered with us as we weather the difficult cycle that brought copper prices to near six-year lows. Thanks to this team effort, both our companies have worked to reduce costs, gain efficiencies and remain competitive. I am confident in the long-term future of commodities and our industry. We look forward to further strengthening our partnership and moving ahead together,' read a message from Freeport-McMoRan President and CEO, Richard C. Adkerson.

Caption: Rick Coleman (Freeport-McMoRan), João Ney Colagrossi (Metso), and Terry J. Wilkins (Metso) accept copper scroll in recognition of long-term strategic partnership at MINExpo International2016

'Freeport identified a select number of key partners who have been working hand in hand with us over the last several years on productivity, costs and efficiency initiatives. Metso has been a valued partner of ours, and we are very pleased to present this award recognizing their ongoing contribution to Freeport's success story in these areas, and in the area of innovation,' says Rick Coleman, President, Freeport-McMoRan Mining Company. 'Both companies can be proud of the accomplishments achieved together.'

The award design, a copper scroll, depicts Freeport's Morenci Mine - the largest copper operation in North America where Metso and Freeport closely collaborated to provide Metso's HRC 3000, the largest fully operating high-pressure grinding roll in the world.

'Freeport and Metso have a long, storied history of capturing opportunities of mutual benefit to our organizations,' says Terry J. Wilkins, Senior Vice President, Market Areas USA & Canada, Metso. 'Metso HRC 3000 high-pressure grinding roll, elected the winner of the 2015 Mining Magazine Minerals Processing award, is one good example of our joint achievements. The innovative concept was developed together to reduce energy consumption and generate savings.'

'We are proud of the partnership we have built over the years, honored to receive this award, and look forward to what the future holds.'

About Freeport-McMoRan Inc.

Freeport-McMoRan Inc. (FCX) is a natural resources company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold, molybdenum, cobalt, oil and natural gas. FCX is the world's largest publicly traded copper producer.

Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, redu ce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.

Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,400 services professionals. Metso has an uncompromising attitude towards safety.

Metso is listed on the NASDAQ OMX Helsinki, Finland, and had net sales of about EUR 2.9 billion in 2015. Metso employs over 12,000 persons in more than 50 countries. Expect results.
www.metso.com, www.twitter.com/metsogroup

For further information, please contact:
Terry J. Wilkins, Senior Vice President - Market Areas USA & Canada, Metso, Tel. +1 262 717 7901, email: terry.wilkins@metso.com

Stephanie Kaminski, Head of Marketing and Communications - North America, Metso, Tel. +1 412 269 5298, email: stephanie.kaminski@metso.com

Helena Marjaranta, Vice President, Global Communications, Metso Corporation, Tel. +358 20 484 3212, Email: helena.marjaranta@metso.com