Tag: Metso

Metso invests EUR 8M in Finland for state-of-the-art DRI Smelting Furnace pilot facility. A major Planet Positive solution for decarbonizing steel industry.

Metso Outotec has signed an agreement to divest its Metal Recycling business line to an affiliate of Mimir. The closing of the transaction is...

Following the merger of Metso’s Minerals business and Outotec in July 2020, Metso Outotec’s organizational model is planned to correspond to the new company's structure and strategy.

Metso has decided to relocate its waste recycling business to new built factory and office facility in Denmark. Part of the relocating costs will be funded by selling the current property and estate in Horsens, Denmark.

Metso's Board of Directors have appointed CFO Eeva Sipilä as Metso's interim President and CEO as of February 3, 2018. The current President and CEO Nico Delvaux will leave his duties on February 2.

Lundin Mining has awarded a contract to Metso for the Somincor Zinc Expansion Project at Neves-Corvo mine in Portugal. With the Zinc Expansion Project, Lundin Mining expects to expand production from the existing mining areas and from the deeper, higher-grade zinc deposit Lombador Phase 2.

Perttu Louhiluoto, President of Metso's Minerals Services business area and a member of the Metso Executive Team, has decided to pursue other career opportunities outside the company and will leave Metso by the end of 2017.

Metso's Board of Directors has appointed Nico Delvaux President and CEO of Metso, effective at the beginning of November 2017.

Metso finalised the sale of the Tampere foundry to the Finnish company TEVO. The business was transferred to the new owner on 13 April 2015.

Metso has acquired the Indian engineering company EPT Engineering Services. The acquisition follows Metso’s strategy and strengthens the company’s position in the growing Asian market. The value of the transaction was not disclosed.