Danish processing company FLSmidth revealed an order intake increase of 20% up to DKK 7,246m ($1,195m) in its Q2 results this week, demonstrating a “strong underlying demand” for minerals, the company said.
Total orders increased from DKK 6,048m ($999m) for Q2 2011, although outlook for mining capex “appears to have deteriorated in the short term due to increased macroeconomic uncertainty,” the company said.
Intake was especially strong in the company’s cement, non-ferrous and customer service businesses, although orders for FLSmidth’s bulk materials division remained at the same level as Q2 2011. ...