FLSmidth Lands Major Equipment Contract for Ghana's Black Volta Mining Venture

FLSmidth & Co. A/S has been chosen as the primary technology partner for Ghana’s Black Volta gold mining initiative, marking a significant expansion in the company’s African operations. The contract, valued at approximately DKK 235 million, was successfully secured in Q4 2025 and encompasses a comprehensive suite of equipment and technical solutions tailored for the project’s operational requirements.

Project Timeline and Delivery Schedule

The agreement establishes a clear execution roadmap, with major equipment shipments scheduled to commence in 2026. This strategic timing positions the supplier ahead of the mine’s anticipated operational launch in 2027, allowing adequate time for installation and system integration. The phased approach ensures critical equipment availability well before the facility begins full-scale production.

Comprehensive Technology Package

FLSmidth’s role extends beyond simple equipment supply. The contract covers an extensive portfolio of process technologies specifically engineered for gold extraction operations, including crushing and grinding systems, thickening and screening apparatus, cyclone and pumping infrastructure, as well as specialized gold recovery technologies such as absorption, desorption, refining, and detoxification systems.

The DKK 235 million scope of work encompasses complete technical infrastructure to support the mining facility’s gold processing workflow.

Extended Support Services

Beyond hardware delivery, the agreement incorporates substantial technical assistance throughout the project lifecycle. This includes comprehensive support during the engineering phase, on-site personnel for installation and commissioning activities, operator training programs, spare parts provision, and performance warranties on all supplied process equipment.

Market Impact

Following the announcement, FLSmidth’s equity demonstrated positive momentum, with shares gaining approximately 1.47% to DKK426.80 on the Copenhagen Stock Exchange. The contract underscores investor confidence in the company’s positioning within the global mining equipment sector and its ability to secure major infrastructure partnerships in emerging markets.