PROCESSING

Metso, Outotec to form leading METS company

The boards of Finnish engineering groups Metso and Outotec have approved a plan to create a new mineral-processing technology, equipment and services company, combining Metso’s Minerals arm with Outotec, while the Metso Flow Control business will become a separate entity under the name Neles

The combination will be implemented through a partial demerger of Metso

The combination will be implemented through a partial demerger of Metso

The merged company, Metso Outotec, will become a key player in the mining equipment, technology and services (METS) sector, with €4.2 billion (U$S4.7 billion) in combined sales in 2018 and more than 15,000...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalog of 2022 Initial Resource Estimates and recent discovery successes.