ABB to deliver $43 million mining project in Chile

Gearless mill drive systems to optimize production at Minera Quadra’s new copper mine

Zurich, Switzerland, March 9, 2012 – ABB, the leading power and automation technology group, won an order worth $43 million to deliver three gearless mill drive systems, plus related automation and power infrastructure equipment for a new copper mine to be operated by Minera Quadra Ltd., in Sierra Gorda, Chile. The contract was awarded in the second quarter of 2011.

Minera Quadra is a Chilean subsidiary of Vancouver-based Quadra FNX Mining Ltd.

Located in the Atacama Desert region of northern Chile, the new open-pit mine and concentrator operation will process 111,000 tonnes of mill feed per day, producing between 250 and 400 million pounds of copper per year, with significant molybdenum by-products, for the next 20 years

ABB’s delivery will help the mine to optimize its overall efficiency and productivity. Its gearless ore-crushing mill drives are more reliable and energy efficient than traditional mill drive systems, providing increased productivity.

The scope of supply for the project consists of three 17megawatt gearless mill drive systems, related automation equipment and systems, as well as remote and diagnostic monitoring systems that include earthquake detection, and related engineering and installation services. ABB will also provide power infrastructure equipment such as transformers, containerized E-rooms to house electrical systems, auxiliary distribution, and other electrical equipment.

“ABB’s ability to deliver the high-performance technological solutions needed to start efficient operations at this mine as soon as possible, plus our deep mining industry expertise and project execution resources, were important factors in winning this order,” said Andre Inserra, head of ABB’s Minerals business.
Equipment deliveries are scheduled for the second half of 2012; with mine production projected to start in 2014.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 135,000 people.

For help with any technical terms in this release, please go to: www.abb.com/glossary

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