Metso Outotec has announced that it is set to deliver two Vertimill VTM-4500 vertical stirred grinding mills to a gold mine in Australia next year.

The delivery of these grinding mills will be the largest Australian installation for the company.

According to Metso Outotec, the typical value for this type of order is between €10m and €15m ($11.7-$17.5m) depending on the delivery scope.

The company noted that the contract has been booked under orders intake in Q3 this year.

In a press statement, Metso Outotec said: “Metso Outotec’s Vertimill provides the lowest total cost of ownership compared to other grinding mills in many applications thanks to its high energy efficiency, reduced media consumption, low installation cost as well as minimal liner wear and maintenance.

“It is capable of handling feed sizes up to 6mm and grinding to products less than 20 microns and it is available in standard mill sizes ranging from 15HP (11kW) to 4,500HP (3,352kW).”

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In July, rare earths miner Lynas awarded a contract to Metso Outotec for its Kalgoorlie rare earths processing plant in Western Australia.

Metso Outotec is a newly-merged company that was established on 1 July.

In May, Metso and Outotec received an unconditional merger control clearance from the European Commission (EC) for the combination of Metso’s Minerals business with Outotec.

In July last year, Metso Minerals and Outotec initially signed an agreement to create a new leading entity in process technology and services for the mineral and metal industries.