April 30 (Reuters) - FLSmidth & Co A/S FLS.CO :
* RIO TINTO CHOOSES FLSMIDTH FOR MAJOR NEW MINING PROJECT
* RIO TINTO HAS CHOSEN FLSMIDTH TO SUPPLY KEY MINERALS HANDLING EQUIPMENT FOR COMPANY'S KOODAIDERI MINE IN WESTERN AUSTRALIA
* CONTRACT IS A TURN-KEY CONTRACT FOR DESIGN, SUPPLY, INSTALLATION AND COMMISSIONING FOR RIO TINTO'S NEW GREENFIELD IRON ORE MINE, KOODAIDERI
* EXACT TOTAL CONTRACT VALUE FOR SUPPLY OF EQUIPMENT WON'T BE DISCLOSED BUT IS EXCEEDING AUD 80 MILLION (APPROXIMATELY USD 56 MILLION) AND WILL BE BOOKED IN Q2 2019
* ORDRER WILL BE BOOKED IN Q2 2019
* CONSTRUCTION AT KOODAIDERI MINE WILL COMMENCE THIS YEAR WITH FIRST ORE EXPECTED TO BE FULLY FUNCTIONAL BY LATE 2021 WITH A PRODUCTION CAPACITY OF 43 MT OF IRON ORE PER YEAR