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Released on Monday, July 08, 2019

Market Brief

Metso Minerals, Outotec Announce Major Merger, an Industrial Info Market Brief

Metso Minerals, a subsidiary of Metso, will merge with Outotec to form a process-technology and equipment company. Metso and Outotec are involved in numerous projects servicing the Metals & Minerals Industry

Metso Minerals, a subsidiary of Metso, will merge with Outotec to form a process-technology and equipment company. Metso and Outotec are involved in numerous projects servicing the Metals & Minerals Industry. The deal is expected to close by the second quarter of 2020.

Metso Minerals is supplying comminution equipment for Fortescue Metals Group Limited's $1.7 billion Eliwana iron ore mine. Outotec is designing the copper concentrator and hydrometallurgical plant for the massive Udokan project in Russia.

Click here for a list of projects featuring Metso. Click here for a list of projects featuring Outotec, and see graph below for a breakdown of Outotec's projects by industry sector.

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