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Flash Smelting pioneer Eero Mäkinen inducted into National Mining Hall of Fame

Metso Corporation’s press release on November 4, 2024, at 1:00 p.m. EETEero Mäkinen (1886-1953), a pioneer of the Finnish mining industry and one of the key inventors of Flash Smelting, has been inducted into the National Mining Hall of Fame. The induction ceremony took place in Denver, Colorado on November 2, 2024.    Mäkinen played an important role in the development of the modern mining industry in Finland. During his career, he made significant contributions to mining education, research and technology. Mäkinen led Outokumpu as the CEO for three decades, bringing the company to

Metso’s new organization and Leadership Team

Metso Corporation’s stock exchange release on November 4, 2024, at 9:00 EETMetso changes its organizational structure and Leadership Team to accelerate business growth and improve operational efficiency. The changes will take effect today, November 4, 2024. They do not affect Metso’s external financial reporting. Metso’s organization will consist of four business areas and four corporate functions. The business areas are Aggregates, Minerals, Services, and Consumables, and the corporate functions are Finance, Business Growth, HR, and Legal. The most significant changes compared to the

Metso extends its digital portfolio with CathodeSense+ system for accurate cathode quality control

Metso Corporation’s press release on October 30, 2024, at 09:00 a.m. EETMetso is launching CathodeSense+ for fast and accurate quality analysis for high-capacity throughput, ensuring reliable results for all cathode stripping machines.  Developed for high-speed cathode stripping machines, Metso CathodeSense+ is a reliable free-standing system for the detection of nodules. Thanks to its advanced features, CathodeSense+ provides a full high-resolution 3D-scan, thus enabling higher cathode quality control.  “The new CathodeSense+ is an improved and more robust version of its predecessor.

Metso receives order for railcar dumper upgrade in Asia Pacific

Metso Corporation’s press release on October 29, 2024, at 09:00 a.m. EETMetso has been awarded an order to deliver a replacement railcar dumper to a mining customer in Asia Pacific. Metso’s scope of delivery includes a new fully assembled dumper cage with major upgrades to improve efficiency and reduce spillage by allowing for higher throughput capacity and enhanced maintainability.   The order value is approximately EUR 10 million and it is booked in the Minerals segment’s third quarter 2024 order received.   “We are very pleased with our customer’s trust in choosing Metso to upgrade

Metso to deliver precious metals refinery to Hindalco in India

Metso Corporation’s press release on October 28, 2024, at 09:00 a.m. EETHindalco Industries Limited, a global leader in aluminum and copper, and a flagship company of the Aditya Birla Group, has awarded Metso an order for the delivery of engineering and key equipment for a new precious metals refinery to be built in the State of Gujarat in India. The new state-of-the-art precious metals refinery plant will be associated with the new e-waste recycling plant 

CFO Eeva Sipilä to leave Metso

Metso Corporation’s stock exchange release on October 28, 2024, at 8:45 a.m. EETMetso Corporation’s CFO and Deputy CEO Eeva Sipilä has decided to resign from Metso to join another employer. She will leave Metso latest during April 2025. Sipilä started as Metso’s CFO in 2016.    “I would like to warmly thank Eeva for her significant contribution to Metso’s development over the past years. Her notable achievements include serving as interim CEO in 2018 and successfully executing the merger of Metso and Outotec, both in terms of financial management and business operations, as well as other

Metso opens DRI Smelting Furnace pilot facility in Pori, Finland

Metso Corporation’s press release on October 25, 2024, at 1 p.m. EESTMetso has opened a state-of-the-art DRI (direct reduced iron) Smelting Furnace pilot facility in Pori, Finland. The new facility, opened on October 25, 2024, will allow customer-specific pilot-scale testing to demonstrate the applicability and results of industrial-scale DRI smelting with Metso’s Outotec[®] DRI Smelting Furnace technology. “This new pilot facility is yet another example of Metso’s cutting-edge solutions that support the minerals and metals processing industry in the quest to implement new sustainable

Metso’s Interim Report for January-September 2024

Metso Corporation’s stock exchange release on October 24, 2024, at 09:00 a.m. EESTFigures in brackets refer to the corresponding period in 2023, unless otherwise stated. Third quarter 2024 in brief · Overall market activity remained at the previous quarter's level; a few large mining projects were initiated  · Orders received increased 3% to EUR 1,226 million (EUR 1,191 million); equipment +9% and services -1% · Sales declined 12% to EUR 1,160 million (EUR 1,319 million); equipment -20% and services -5% · Adjusted EBITA was EUR 196 million, or 16.9% of sales (EUR 213

Sami Takaluoma appointed President and CEO of Metso Corporation

Metso Corporation’s stock exchange release October 24, 2024, at 8:30 a.m. EESTMetso’s Board of Directors has appointed Sami Takaluoma (born 1973, M.Sc. (Eng.)) as Metso’s new President and CEO. He will assume his duties on November 1, 2024. Metso’s current President and CEO, Pekka Vauramo, will continue with the company as per his contract until the end of 2024, ensuring a smooth transition of responsibilities. Sami Takaluoma has been with Metso since 1997 and has led Metso’s Services business area since 2021. He has been a member of Metso’s Leadership Team since 2017. Kari Stadigh,

Record date and payment date of Metso’s second dividend instalment of EUR 0.18

Metso Corporation’s stock exchange release on October 23, 2024, at 4:50 p.m. EESTMetso’s Annual General Meeting (AGM) held on April 25, 2024, decided to pay the dividend for the financial year 2023 in two instalments. The Board of Directors has today confirmed that the payment date for the second dividend instalment of EUR 0.18 per share will be November 1, 2024, and the record date will be October 25, 2024.According to the AGM’s decision, the first dividend instalment of EUR 0.18 per share was paid on May 7, 2024. Further information, please contact: Juha Rouhiainen, VP, Investor

Metso books first parts of the orders related to Almalyk MMC’s copper smelter project in Uzbekistan

Metso Corporation’s press release on October 18, 2024, at 11:30 a.m. EESTMetso has booked the first parts of the orders for JSC Almalyk Mining and Metallurgical Complex’s (Almalyk MMC) copper smelter project based on the equipment and project services delivery contracts  announced on August 9, 2024. The now booked order value is EUR 146 million, of which approximately EUR 100 million is booked in the Minerals segment’s 2024 fourth-quarter order intake and the

Metso expands the MX wear parts offering to large cone crushers with MX for cones

Metso Corporation’s press release on October 14, 2024, at 11 a.m. EESTMetso announces the launch of MX for cones, designed to maximize wear parts lifetime in secondary cone crushing applications for mining and quarry operators worldwide. MX for cones is commercially available immediately. "MX for cones represents another step forward in the MX offering, addressing customer demand for hard-wearing solutions to reduce frequent parts change-outs. This technology particularly meets the needs of large cone crushers from the Nordberg® HP Series™ and MP Series™," says Rafael Yanata, Product

Korund joins Metso’s distributor network in Central Asia

Metso Corporation’s press release on October 7, 2024, at 10.00 EESTMetso and Korund have signed a contract covering the distribution of Metso’s solutions in the Central Asia region (Kazakhstan and Kyrgyzstan). Korund will be a distributor for the aggregates segment customers, while Metso, through its direct sales and service organization, will continue with the minerals segment customers. Under the agreement, Korund will sell Metso’s crushing and screening equipment, wear parts, screening media, and services, including warranty support. These Metso solutions will be coupled with Korund’s

Metso awarded repeat orders for the supply of mill lining solutions to Africa

Metso Corporation’s press release on October 3, 2024, at 9:00 a.m. EESTMetso has been awarded repeat orders for a mining customer’s sites in Africa for the supply of liners for SAG and ball mills. Metso’s scope of supply includes Metallic Liners for the SAG mills, and Metallic and Megaliner ™ composite linings for the Ball mills. Additional services are offered including MillMapper™ liner wear monitoring, Metrics digital monitoring, onsite support, and performance guarantees. By utilizing Metso’s expertise and world-class technology the customer will be able to ramp-up faster to optimal

Metso invests in energy-saving future comminution technology by acquiring its long-term partner Swiss Tower Mills Minerals

Metso Corporation’s press release on October 2, 2024, at 2:00 p.m. EESTMetso is investing in the development of energy-saving comminution technology and has signed an agreement to acquire the outstanding shares of its long-term partner Swiss Tower Mills Minerals AG (STM). Previously, Metso had a 15% minority ownership in the company. The parties have agreed not to disclose the transaction value. Metso decided to exercise its right of first refusal following the divestment decision of STM’s other shareholders. As a result of the transaction, Metso’s ownership will increase to 100%. Metso

Metso to publish its Interim Report for January-September 2024 on Thursday, October 24, 2024

Metso Corporation’s press release on October 1, 2024, at 10:15 a.m. EESTMetso’s Interim Report for January-September 2024 will be published on Thursday, October 24, 2024, at about 9:00 a.m. EEST and can be found on the Metso’s website . An audiocast and a conference call for analysts and investors will be arranged on the same day at 1:00 p.m. EEST. The audiocast can be followedat the company’s website . A recording and a transcript will be

Metso to deliver copper tailings dewatering plant unit in Africa

Metso Corporation’s press release on October 1, 2024, at 09:00 a.m. EESTMetso has been awarded an order for the delivery of sustainable tailings dewatering technology to an operating copper mine in Africa. The total value of the order exceeds EUR 20 million. One fourth of the value has been booked in Minerals segment’s 2024 second-quarter orders received, and the rest is booked in third-quarter orders received. Metso’s scope of delivery consists of the engineering and supply of a Planet Positive  copper

Metso secures major contract for key process equipment at Barrick’s Lumwana copper project in Zambia

Metso Corporation’s press release on September 30, 2024, at 11:00 a.m. EESTBarrick Gold Corporation has awarded Metso a major order for the supply of copper concentrator plant equipment to their Lumwana expansion project in North-Western Province in Zambia. Metso’s scope of delivery includes key equipment for grinding, flotation, thickening, feeding and filtration. The value of the order is approximately EUR 70 million, and it is booked in the Minerals segment’s 2024 third-quarter order intake. ”We are honored to have been selected by Barrick as the strategic partner for this project.

Metso is strengthening its position in the Aggregates segment by acquiring two businesses

Metso Corporation’s press release on September 25, 2024 at 9.30 PM EESTMetso has signed an agreement to acquire Diamond Z and Screen Machine Industries from Crane Group, an Ohio, US, based family-owned investment company. Diamond Z increases Metso’s offering in mobile equipment for the organic recycling markets. Screen Machine Industries broadens Metso’s portfolio in the North American mobile crushing and screening markets. Together, the companies employ approximately 190 people with locations in Caldwell, Idaho and Etna, Ohio. The companies will continue to operate independently in Metso’s

Metso wins order for iron ore pelletizing plant in China

Metso Corporation’s press release on September 25, 2024, at 09:00 a.m. EESTMetso has signed a contract with Beijing Shougang International Engineering Technology Co. Ltd (BSIET) for the delivery of a traveling grate pelletizing plant for Ruifeng Iron and Steel Group Co., Ltd in Tangshan, Hebei province, China.   Metso’s scope of delivery includes the engineering and design of the indurating machine and process gas fan systems and the supply of proprietary equipment, instrumentation, control systems, as well as supervisory services and technical training. The plant will feature Metso’s

Notification according to chapter 9, section 5 and 6 of the Securities Market Act: BlackRock Inc.’s holding in Metso

Metso Corporation’s stock exchange release on September 24, 2024, at 3:30 p.m. EESTMetso Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, about a change in the shareholding of BlackRock, Inc. On September 23, 2024, BlackRock's holding in Metso’s shares fell below the 5 percent threshold. Metso’s total number of shares and voting rights is 828,972,440.BlackRock, Inc.’s holdings according to the notification: % of % of shares and voting rights Total of both shares through

Notification according to chapter 9, section 5 and 6 of the Securities Market Act: BlackRock Inc.’s holding in Metso

Metso Corporation’s stock exchange release on September 23, 2024, at 3:30 p.m. EESTMetso Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, about a change in the shareholding of BlackRock, Inc. On September 20, 2024, BlackRock's holding in Metso’s shares amounted to 33,840,744 shares or 4.08 percent of total shares and votes. BlackRock's holding through financial instruments in Metso amounted to 7,619,309 shares, which corresponds to 0.91 percent of the total amount of Metso’s shares. As a result, BlackRock's total

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