FLSmidth & Co. A/S (FLS.CO, FLIDF), an engineering company, on Tuesday announced that it has been awarded contracts worth approximately DKK 300 million to supply key technologies for a Banded Hematite Quartzite iron ore beneficiation project in South Asia.
The order was booked in the second quarter of 2026.
The project is expected to be commissioned between 2027 and 2028.
The scope includes the supply of a high-pressure grinding roll, stirred media mills with hydrocyclones, flotation technology, concentrate thickeners, and a filtered tailings system.
The company will also provide advanced process control systems, along with supervision, start-up, and commissioning services.
FLSmidth is currently trading 1.85% higher at DKK 451.40 on the Copenhagen Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.