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R&D award brightens FLS outlook

Thomas Schulz, CEO of Denmark-headquartered FLSmidth, says the mineral processing equipment supplier is seeing “good prospects for brownfield activities and a solid mid-term outlook” in gold and copper processing, but has announced 600 redundancies amid “continued pressure on capital orders, especially in minerals”.

R&D award brightens FLS outlook R&D award brightens FLS outlook R&D award brightens FLS outlook R&D award brightens FLS outlook R&D award brightens FLS outlook

FLSmidth picked up a R&D Top 100 award at the annual 'Oscars of Innovation and Invention'

The company this week reported its earnings before interest and tax (EBIT) fell 32% year-on-year in the nine months to the end of September, to DKK573 million (US$84 million), with the September