Metso Oyj - Company Announcement

Metso to supply minerals processing equipment to China Metallurgical Group in Australia

Metso Corporation Company release on July 22, 2008 at 2:00 p.m.

Metso Minerals will supply minerals processing equipment to China
Metallurgical Group Corporation (MCC) for Sino Iron project in
Western Australia. The delivery will be completed during the first
quarter of 2010. The value of the order is approximately EUR 53
million. The order is included in Metso's second-quarter order
backlog.

The order comprises 28 VPA pressure filters with complete automatic
control systems and compressed air systems and 52 slurry pumps. The
order also includes auxiliary equipment, parts, and supervision of
erection and start-up.

The order is so far the largest VPA pressure filter order received by
Metso and it is estimated to be the largest mineral concentrate
filtration plant in the world. The filter plant is designed to
dewater up to 33Mty of fine magnetite concentrate to a product with
moisture suitable for shipment or pelletizing plant feed. The Sino
Iron project is one of the largest mining projects in Australia.

MCC is one of the largest equipment manufacturers in China and a
leading Chinese contractor to the mining and metallurgical
industries. The Sino Iron project is under development by CP Mining
Management.

Metso is a global engineering and technology corporation with 2007
net sales of over EUR 6 billion. Its over 27,000 employees in
approximately 50 countries serve customers in the pulp and paper
industry, rock and minerals processing, the energy industry and
selected other industries.
www.metso.com

Further information for the press, please contact:
Wille Beckman, Vice President, Process Equipment, Metso Minerals,
tel. +46 224 57149
Chris Smith, Product Manager, Process Equipment, Australia, Metso
Minerals, tel. +61 2 8825 1678

Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso
Corporation, tel. +358 20 484 3253

Metso Corporation


Olli Vaartimo
Executive Vice President and CFO


Kati Renvall
Vice President, Corporate Communications

distribution:
OMX Nordic Exchange in Helsinki
Media
www.metso.com