Santiago de Chile, 20 July 2012 - Tenova Mining & Minerals has announced that Tenova TAKRAF and Tenova Bateman Technologies will design and deliver a copper ore handling/processing system and a Solvent Extraction (SX) – Electrowinning (EW) plant, to produce 80,000 tons per annum of fine copper cathodes for Minera Antucoya, part of Antofagasta plc. The new plant, with a life time of approximately 20-years, will be located at Antofagasta region, approximately 45 km east of the Group’s Michilla mine, Chile.

These contracts will include engineering, supply of proprietary equipment, construction, training, commissioning and start-up supervision. Tenova TAKRAF will provide an agglomeration plant, an on-off leach pad measuring 3,000 m by 800 m and a waste handling system and Tenova Bateman Technologies will supply the SX plant based on Bateman SettlerTM technology. This is a proprietary reverse-flow mixer-settler (RFMS) technology, which was developed and patented by Bateman and which is used in various plants in Chile, including Codelco’s Gaby plant and Vale’s Tres Valles plant.

Jointly, the two Minera Antucoya contracts are the largest project ever awarded to Tenova Mining & Minerals, the division of Tenova focused on serving the global mining & minerals and metals industries. The combination of biddings for the Minera Antucoya project reflects Tenova’s strategy looking forward, offering a full range of technologies and engineering services to provide clients with a unique one stop total solution source across the full mining value chain, harnessing the capacities and capabilities of multiple business units strategically located around the globe.

Tenova TAKRAF is a world leading supplier of a complete range of systems for the mining and bulk handling sector and Tenova Bateman Technologies provides solutions covering; Leaching, Solvent Extraction and Electro-winning, Beneficiation, Purification, Sulphuric and Phosphoric Acid Plants.

Tenova is a worldwide supplier of advanced technologies, products and engineering services for the iron & steel and mining industries providing innovative, integrated solutions for complete process areas. Tenova’s network companies operate in 26 countries on 5 continents with more than 4,900 people.

For more information visit www.tenovagroup.com