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Viscaria signs equipment agreement with Metso

Non Regulatory

Gruvaktiebolaget Viscaria has today signed its first Long Lead Item (LLI) agreement covering two mills – a SAG mill and a ball mill – from Metso. This is an important step in securing the project timeline and enabling continued progress in the development of the Viscaria mine.

The agreement marks the start of purchasing critical process equipment with long delivery times. By acting early, Viscaria ensures that the project can keep its planned schedule. Metso is a global leader in mining equipment and mineral processing, with extensive experience delivering technology to some of the world’s largest mining projects.

“Signing our first LLI agreement is an important milestone that shows we are moving from planning to concrete execution. Thanks to the recently completed financing, we can act proactively and reduce risk. Metso is a highly experienced partner, and their technology will be a central part of our future production,” said Jörgen Olsson, CEO of Viscaria.

“We are proud to deliver our advanced milling technology to Viscaria. The mills are essential for efficient and sustainable ore processing, and we look forward to contributing to a project that strengthens Europe’s access to critical raw materials,” said Renaud Lapointe, President Market Area Europe and Central Asia at Metso.