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Outotec Oyj (OTE1V.HE)

OTE1V.HE on Helsinki Stock Exchange

5.11EUR
8:59pm IST
Change (% chg)

€-0.01 (-0.12%)
Prev Close
€5.12
Open
€5.10
Day's High
€5.15
Day's Low
€4.96
Volume
1,398,594
Avg. Vol
1,204,831
52-wk High
€6.10
52-wk Low
€2.86

Latest Key Developments (Source: Significant Developments)

Outotec Gets Order From Glencore Nikkelverk In Norway
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - Outotec Oyj ::OUTOTEC DELIVERS COATED TITANIUM ANODES TO GLENCORE NIKKELVERK AS NEW COPPER TANKHOUSE IN NORWAY.HAS AGREED WITH GLENCORE NIKKELVERK AS ON DELIVERY OF COATED TITANIUM ANODES TO NEW TANKHOUSE FOR COPPER ELECTROWINNING PLANT IN NORWAY.ORDER VALUE, BOOKED INTO OUTOTEC'S Q3 ORDER INTAKE, IS APPROXIMATELY EUR 10 MILLION.DELIVERY WILL INCLUDE OVER 5,000 OF NEW MIXED METAL OXIDE COATED TITANIUM ANODES.  Full Article

Metso Signs Two Revolving Credit Facilities
Monday, 30 Sep 2019 

Oct 1 (Reuters) - Metso Oyj ::SAID ON MONDAY SIGNED TWO REVOLVING CREDIT FACILITIES FOR FUTURE METSO OUTOTEC AND FUTURE NELES.NEW EUR 600 MILLION MULTI-CURRENCY REVOLVING CREDIT FACILITY AGREEMENT WAS SIGNED WITH A SYNDICATE OF 10 BANKS.SAYS FACILITY HAS A TENOR OF FIVE YEARS, WITH TWO ONE-YEAR EXTENSION OPTIONS, DEPENDENT ON APPROVAL OF LENDERS..CO ALSO SIGNED NEW EUR 200 MILLION MULTI-CURRENCY REVOLVING CREDIT FACILITY AGREEMENT FOR FUTURE NELES CORP WITH SYNDICATE OF 4 BANKS.EUR 200 MILLION FACILITY HAS A TENOR OF THREE YEARS, WITH TWO ONE-YEAR EXTENSION OPTIONS DEPENDENT ON APPROVAL OF LENDERS.  Full Article

Saudi's Ma'aden Unit Signs EPC Contract For Mansourah & Massarah Gold Project
Sunday, 21 Jul 2019 

July 21 (Reuters) - SAUDI ARABIAN MINING CO SJSC <1211.SE>::UNIT MA’ADEN GOLD & BASE METALS CO PROJECT SIGNED A CONTRACT WITH OUTOTEC AND LARSEN &TOUBRO CONSORTIUM.CONTRACT FOR FOR ENGINEERING, PROCUREMENT AND CONSTRUCTION OF MANSOURAH & MASSARAH GOLD PROJECT.CONTRACT VALUE 2.27 BILLION RIYALS($606 MILLION).CONTRACT DURATION 36 MONTHS.TOTAL COST OF PROJECT IS ABOUT $880 MILLION.FINANCIAL IMPACT IS ESTIMATED TO BEGIN IN Q2 OF 2022G, WHEREAS RAMP-UP WILL BE THEREAFTER.MANSOURAH MASSARAH PROJECT WILL PRODUCE AN AVERAGE OF 250,000 OUNCES OF GOLD PER YEAR THROUGHOUT THE LIFE OF MINE WHICH IS 12 YEARS.EXPECTS THAT INITIAL PRODUCTION WILL OCCUR ON Q2,2022..  Full Article

Outotec Says Awarded EUR 250 Mln Copper Plant For Baikal Mining Company In Russia
Saturday, 8 Jun 2019 

June 7 (Reuters) - Outotec Oyj ::REG-OUTOTEC AWARDED EUR 250 MILLION COPPER PLANT FOR BAIKAL MINING COMPANY IN RUSSIA.CONTRACT PRICE IS APPROXIMATELY EUR 250 MILLION OF WHICH APPROXIMATELY EUR 35 MILLION WILL BE BOOKED IN OUTOTEC'S Q2 ORDER INTAKE.ROUGHLY TWO THIRDS OF ORDER WILL BE BOOKED FOR MINERALS PROCESSING AND ONE THIRD FOR METALS, ENERGY & WATER SEGMENT.OUTOTEC'S MAIN DELIVERIES ARE EXPECTED TO TAKE PLACE IN 2020.NEW METALLURGICAL COMPLEX IS EXPECTED TO OPERATE WITH ANNUAL CAPACITY OF 12 MILLION TONNES OF ORE.NEW METALLURGICAL COMPLEX IS EXPECTED TO PRODUCE 130,000 TONNES OF COPPER AS HIGH GRADE SULPHIDE CONCENTRATE AND AS CATHODES.  Full Article

Outotec And Baikal Mining Company Sign Cooperation Agreement
Friday, 7 Jun 2019 

June 7 (Reuters) - Outotec Oyj ::REG-OUTOTEC AND BAIKAL MINING COMPANY SIGNED A COOPERATION AGREEMENT.OUTOTEC HAS SIGNED A COOPERATION AGREEMENT WITH BAIKAL MINING COMPANY TODAY IN ST. PETERSBURG ECONOMIC FORUM.PARTIES ARE CURRENTLY NEGOTIATING ON A EUR 250 MILLION DELIVERY CONTRACT..  Full Article

Trading In Shares Of Outotec Suspended On Nasdaq Helsinki
Friday, 7 Jun 2019 

June 7 (Reuters) - Outotec Oyj ::NASDAQ HELSINKI SAYS TRADING IN SHARES OF OUTOTEC OYJ HAS BEEN SUSPENDED ON NASDAQ HELSINKI TODAY AT 13:13 EET.NASDAQ HELSINKI SAYS COMPANY WILL DISCLOSE FURTHER INFORMATION.  Full Article

Outotec Q1 EBIT At EUR 9.3 Million, Below Expectations
Wednesday, 8 May 2019 

May 8 (Reuters) - Outotec Oyj ::REG-OUTOTEC'S INTERIM REPORT JANUARY-MARCH 2019.Q1 ORDER INTAKE EUR 336.1 MILLION (REUTERS POLL: EUR 352 MILLION).Q1 SALES EUR 254.7 MILLION (REUTERS POLL: EUR 308 MILLION).Q1 EBIT EUR 9.3 MILLION (REUTERS POLL: EUR 11.6 MILLION).REITERATE 2019 GUIDANCE FOR SALES AND ADJUSTED EBIT.SALES DECREASED DURING QUARTER PRIMARILY DUE TO FEWER PLANT AND EQUIPMENT DELIVERIES.SERVICE SALES INCREASED BY 11%.CASH FLOW WAS LOWER THIS QUARTER COMPARED TO COMPARISON PERIOD DUE TO TIMING OF ADVANCE AND MILESTONE PAYMENTS.  Full Article

Outotec To Deliver Sulfuric Acid Plant To Morocco
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Outotec Oyj ::OUTOTEC TO DELIVER SULFURIC ACID PLANT TO MOROCCO.HAS SIGNED A CONTRACT WITH MOROCCAN OCP GROUP FOR DELIVERY OF A SULFURIC ACID PLANT FOR FERTILIZER PRODUCTION.APPROXIMATELY EUR 80 MILLION ORDER HAS BEEN BOOKED INTO OUTOTEC'S 2019 Q1 ORDER INTAKE..  Full Article

Outotec To Deliver Filtration Technology To Australia
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Outotec Oyj ::OUTOTEC TO DELIVER FILTRATION TECHNOLOGY FOR A LITHIUM PROCESSING PLANT IN AUSTRALIA.APPROXIMATELY EUR 12 MILLION ORDER HAS BEEN BOOKED IN OUTOTEC'S 2019 Q1 ORDER INTAKE.  Full Article

Outotec To Deliver Minerals Processing Technology To Mexico
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - Outotec Oyj ::OUTOTEC TO DELIVER MINERALS PROCESSING TECHNOLOGY TO MEXICO.DELIVERIES WILL TAKE PLACE IN END OF 2019..TOTAL VALUE OF CONTRACTS BOOKED IN OUTOTEC'S Q4 ORDER INTAKE IS APPROXIMATELY EUR 30 MILLION.  Full Article

UPDATE 2-European shares lifted to 12-month high by Italy, looser monetary policy forecasts

July 4 European shares closed at their highest in more than a year on Thursday as Italian stocks surged on relief that Rome had avoided European Union disciplinary action and rising expectations of looser monetary policy by major central banks.