Order Secured from Anglo American

15/07/10

Clyde Process Solutions plc (AIM: CPSP), a global provider of pneumatic conveying and air filtration solutions for process industries, announces that it has been awarded a contract from Anglo American plc, one of the world’s largest mining companies, which is headquartered in the UK and listed on the London and Johannesburg stock exchanges.

Anglo American plc, which operates a portfolioof mining businesses spanning metals and minerals will utilise CPS to supply a complete pneumatic conveying system for its Nickel operation, based in Niquelândia, at the Goiás State in the Centre-East Region of Brazil.

Commenting on this contract win, Alex Stewart, Chief Executive of Clyde Process Solutions plc said: “We are delighted to have secured this order from Anglo American plc, a company that has been a tremendous customer of ours in recent years across the precious metals market. Our South American subsidiary has established a strong relationship with Anglo American’s team in Brazil and we look forward to delivering a value-adding solution for their nickel operation.

“This order was secured at competitive levels of contribution and is in line with management expectations. We have seen a significant upturn in enquiries across all our key customer markets and geographical territories and we continue to work closely with these prospects in an effort to convert these opportunities into orders during this financial year.” 

Clyde Materials Handling is a member company of Clyde Process Solutions plc.



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