Latest news with #MediaJannickDenholt
Yahoo
03-04-2025
- Business
- Yahoo
Extraordinary Restricted Share Unit programme to retain key employees
COMPANY ANNOUNCEMENT NO. 6-2025 3 April 2025, Copenhagen, DenmarkThe Board of Directors of FLSmidth & Co. A/S have today allocated restricted share units (RSUs) to members of the Executive Management and key staff (25 persons in total) to retain strategic resources to execute on the transformation of FLSmidth and position the company for the next leg of its strategic journey. The maximum number of restricted shares allocated is 44,021, of which 18,866 pertain to members of the Executive Management. The vesting period is three years, and vesting is subject to the participants being actively employed at the vesting date. The cost of the programme is DKK 16.5 million assuming full vesting, based on the average closing share price during the period from 21 February 2025 to 27 February 2025, constituting the first five trading days following the release of the 2024 Annual Investors RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ MediaJannick Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Company Announcement no. 6-2025Sign in to access your portfolio
Yahoo
25-02-2025
- Business
- Yahoo
FLSmidth to deliver 18 of the world's largest steel media tower mills, plus pumps and cyclones to one of largest and most efficient iron ore plants
PRESS RELEASE 25 February 2025, Copenhagen, Denmark Following a long-standing relationship, an Indian mining customer has awarded FLSmidth with the largest single order for the world's largest size steel media tower mills. The mills are to be delivered at what is set to become one of the largest and most efficient iron ore beneficiation plants globally, reinforcing FLSmidth's global leadership in energy-efficient grinding technology. The order includes the delivery of 18 vertical tower mills (called FTM-5000) to be used in both the secondary and tertiary grinding circuits, directly downstream from two of the world's largest high-pressure grinding rolls (HPGRs), which the customer ordered from FLSmidth in Q4 2024. Each of these vertical grinding mills will be the largest steel media mills ever deployed in terms of both size and capacity. In addition to these mills, the order also includes the delivery of 30 KREBS UMD pumps and 18 KREBS gMAX hydrocyclones to complete the secondary and tertiary grinding circuits' process requirements. The slurry pumps will be the largest known size of slurry pumps in all of India mining. The equipment is expected to be installed and commissioned during 2026/2027. 'Winning this strategic order is a proud moment for the FLSmidth Mining team. The combination of the upstream HPGRs and vertical tower mills will provide the customer with significant reductions in energy, water and grinding media consumption throughout the entire flowsheet, supporting optimal profitability', said Mikko Keto, CEO at FLSmidth. 'It also clearly underpins the value of leading technology, strong customer relations, and the confidence customers have in our MissionZero flowsheet supported by our global service network'. The value of the order has not been disclosed. About FLSmidth's vertical tower grinding mills The vertical tower mill is one of FLSmidth's core MissionZero offerings, supplying capabilities that reduce energy consumption in the fine grinding of minerals by 25-50% when compared to traditional horizontal ball mills for the same feed and product size. Additional benefits include: Robust construction with shell magnetic liners for better availability of these mills. Shorter lead time with fast, efficient transportation compared to competitors. Optimised design for reduced footprint and easy maintenance. Performance flexibility catering to a wide range of grinding media and global support wherever mills are deployed. Contacts: MediaJannick Denholt, +45 21 69 66 57, jli@ Investors RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ About FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Press Release vertical mills order India - February 2025
Yahoo
19-02-2025
- Business
- Yahoo
FLSmidth to significantly expand its global service centre network in 2025, further strengthening its service offerings and customer proximity
PRESS RELEASE 19 February 2025, Copenhagen, DenmarkIn 2025, leading mining technology and service supplier FLSmidth will open or expand seven service centres in strategic locations across the globe. These facilities are in direct support of FLSmidth's CORE'26 mining strategy that includes targeting service growth, and adds to the company's already comprehensive global network of service centres that can enhance mining customers' productivity. New facilities will open in Accra, Ghana; Surabaja, Indonesia; and Dammam, Saudi Arabia, whereas the current operations in Mackay, Australia will relocate to a larger facility. Expansions are planned in Parauapebas, Brazil; Karaganda, Kazakhstan; and Ulaanbaatar, Mongolia. Operations in each of these new locations will begin within the coming months with official opening details to be announced locally at a later date. In addition, an expansion of the service centre in Chloorkop, South Africa is already ongoing and will be completed in 2026. Christian Fabry, Head of Professional Services at FLSmidth, comments: 'Our service centres serve primarily as workshops for improving or repairing customer equipment and can also have warehousing capabilities for distribution. With these new openings and expansions, we further strengthen our service capabilities and best-in-class service offerings to customers. We can do that by shortening the operational down time for customers thanks to the service centres' strategic proximity to mine sites and greater availability of spare and wear parts to local customers.'FLSmidth's mining service offeringsFLSmidth offers a comprehensive range of service offerings that allow mining companies to maximise productivity. The company has developed the strategic global presence and advanced service-based solutions required to provide responsive support wherever customers are located. This includes: Strong inventory of OEM spare parts and consumables in service centres around the world Regional and global field engineers, plus remote asset health and performance optimisation services Mineral laboratory services for fast, accurate mineralogical and metallurgical testing Upgrades, rebuilds and exchange services to help you get more from your equipment Contacts: MediaJannick Denholt, +45 21 69 66 57, jli@ Investors RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Press Release Service Centre network expansions - February 2025
