Metso Outotec, a unique new company with leadership in sustainable minerals and metals processing and recycling technologies has begun operations.
Headquartered in Finland and listed in Nasdaq Helsinki, Metso Outotec employs over 15,000 professionals in more than 50 countries and its illustrative combined sales for 2019 were about € 4.2 billion (US$4.7 billion).
The company offers crushing and screening equipment for the production of aggregates as well as equipment and solutions for minerals processing, metals refining, chemical processing, and metal and waste recycling.
Metso Outotec brings together a history of technological leadership, customer focus and excellence in services, leveraging the strengths of both companies.
It says the combination offers potential for significant cross-selling and cost synergies and an even stronger platform for innovation, digital leadership and growth.
The new company also says the growing interest towards the environment and the impacts of climate change, urbanisation, decreasing ore grades and electrification are forcing traditional industries like aggregates, minerals processing and metals refining to redefine their license to operate. Metso Outotec beleives it can drive these industries towards a responsible use of the world’s natural resources.
”It is our core expertise to help our customers transform the industry,” says Pekka Vauramo, president and CEO of Metso Outotec.
”We offer sustainable technologies and services that reduce the consumption of energy and water by increasing process efficiency, recycling and reprocessing of tailings and waste. Our extensive offering and expertise help our customers improve their business and lower their risks. We are their partner for positive change.
”We have the best talent in the industry, and I am very excited to start the journey together.”