Skip to main content

FLS awarded DKK 300 million order to supply key technologies for a BHQ iron ore beneficiation project in South Asia

PRESS RELEASE
FLSmidth & Co. A/S
5 May 2026
Copenhagen, Denmark

FLS has been awarded multiple repeat contracts to supply key technologies for a Banded Hematite Quartzite (BHQ) beneficiation—a process of upgrading low-grade iron ore into a premium grade concentrate.

The scope includes the delivery of a High-Pressure Grinding Roll (the largest of its kind), nine of the world’s largest stirred media mills with hydrocyclones, nextSTEP™ flotation technology, concentrate thickeners and the world’s largest filtered tailing system. In addition, FLS will provide its advanced process control systems as well as supervision, start-up, and commissioning services.

This award underscores the strength of our customer relationships and our ability to deliver high-capacity beneficiation solutions at scale. By combining energy-efficient grinding, advanced flotation technologies, filtered tailings technologies and digital process control, we support a reliable ramp-up while improving productivity and reducing environmental impact. This project is fully aligned with our MissionZero ambition to enable more sustainable mining operations”, comments Qasim Abrahams, Products Business Line President at FLS.

The order value, which was booked in the second quarter of 2026, totals approximately DKK 300 million, with project commissioning expected in 2027-2028.


Contacts:

Media

Jannick Denholt, +45 21 69 66 57, jli@flsmidth.com

Investor Relations

Andreas Holkjær Sandager, +45 24 85 03 84, andh@flsmidth.com
Jannick Denholt, +45 21 69 66 57, jli@flsmidth.com


About FLSmidth

FLSmidth is a full flowsheet technology and service supplier to the global mining industry. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining industry and aim to become carbon neutral in our own operations by 2030. www.fls.com

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.