Regulatory clearances for the acquisition of thyssenkrupp’s Mining business received in major mining countries

FLSmidth A/S

FLSmidth A/S

In relation to the acquisition of thyssenkrupp’s Mining company introduced on 29 July 2021, FLSmidth has now obtained regulatory clearances from the Australian, South African, Peruvian and Chilean authorities. This is in addition to approvals by now been given, including, but not restricted to Canada and Morocco. All clearances to day have been with out imposition of any level of competition linked therapies.

FLSmidth Team CEO Mikko Keto commented: Acquiring regulatory clearances in this kind of vital mining nations around the world – from equally a mine manufacturing and a consumer standpoint – marks a considerable milestone in our journey to comprehensive our acquisition of thyssenkrupp’s Mining business enterprise. The acquisition will lead to FLSmidth’s ambition to bolster our pit-to-plant services and devices remedies, further strengthening what we can provide our customers”.

Pending the remaining authority approvals and satisfaction of disorders in the sale and acquire settlement with thyssenkrupp, the transaction is anticipated to shut throughout the 2nd fifty percent of 2022.

Contacts:

Investor Relations
Jannick Lindegaard Denholt, +45 21 69 66 57, [email protected]
Therese Möllevinge, +45 41 37 16 38, [email protected]
Mikkel Johansen, +45 23 30 29 50, [email protected]

Media Relations
Rasmus Windfeld, +45 40 44 60 60, [email protected]

About FLSmidth
FLSmidth delivers sustainable productivity to the world-wide mining and cement industries. We deliver current market-primary engineering, gear and service alternatives that help our consumers to make improvements to overall performance, push down expenditures and decrease environmental impact. Our functions span the world and we are close to ~10,100 workforce, current in more than 60 countries. In 2021, FLSmidth produced profits of DKK 17.6 billion. MissionZero is our sustainability ambition to zero emissions in mining and cement by 2030. FLSmidth functions within just entirely validated Science-Centered Targets, our dedication to continue to keep international warming beneath 1.5°C and to getting carbon neutral in our have operations by 2030. www.flsmidth.com

Attachment