FLSmidth acquires Summit Valley

Panorama

Publishing Date: 21 Dec 2009 2:19pm GMT
Author: Mining Magazine

Processing

FLSmidth has acquired the assets of Summit Valley Equipment & Engineering, located in Salt Lake City, Utah effective December 15, 2009.

Summit Valley designs and fabricates modular plants and equipment used for the extraction of gold and silver. This includes the industry’s highest capacity electrowinning cell used in precious metals recovery. The company has an established global presence having already supplied specialty equipment and services to twenty-four countries on six continents over the last eighteen years.

The technology and know how acquired significantly strengthens FLSmidth offerings in precious metals processing.

"With the acquisition of Summit Valley FLSmidth adds unique refining expertise to our existing minerals business thereby increasing our offerings to the minerals processing industries and providing a more complete flow sheet in gold and silver extraction," Group CEO Jørgen Huno Rasmussen commented.