METSO MINERALS Mining News

Metso launches industry-changing Metso MX crusher for minerals processing

Metso today introduced revolutionary rock crushing technology at the CONEXPO-CON/AGG industry event in Las Vegas.

In-pit crushing and conveying systems changing the way ore is moved

A successful haulage system can make the difference between a mine that is consistently profitable and one that is struggling to meet its marginal costs.

Global mining equipment market to reach $156 billion by 2022 — report

Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.

Metso awarded contract with Gécamines in Senegal

Gécamines renews their confidence in Metso's complete plant design and installation for their aggregate production near Dakar, Senegal.

Metso to shut mining equipment plant in Pennsylvania next year

The closure, part of a major business restructuring, will affect about 80 people currently employed at the plant.

Suppliers Metso, Sandvik still hurting from slowdown

Metso's Q3 mining and construction orders fell 19%. Sandvik's net profit fell 22%.

Collapse of equipment makers adds fresh evidence the mining boom is over

Analyst warns that major mining companies’ current focus on returns will reduce supply growth and lead to higher commodity prices.

First recyclable screening technology developed

The first fully recyclable, modular screening media system has been developed by international diversified mining and engineering group Metso Minerals.

Metso to supply minerals processing equipment to TISCO in China

Metso will supply minerals processing equipment to Taigang Group Lanxian Mining Co. Ltd, (TISCO), the largest stainless steel manufacturer in China. The value of the order will not be disclosed. The order will be included […]

Metso to supply crushing equipment to Fortescue Metals iron ore operations in Australia

Metso will supply crushing equipment to Fortescue Metals Group in Australia. The delivery will be completed by May 2012. The value of the order is approximately EUR34 million. The order comprises 13 units of MP1000 secondary cone crushers. Three units will be delivered to Fortescue’s Christmas Creek iron ore site, and another ten units will go to the Solomon iron ore mine site. Both sites are located in the Pilbara region in Western Australia. The crushers will be supplied to the sites in pre-assembled, modularised form. Metso will also be providing installation and commissioning assistance of all units.

Metso makes assembled crushers attractive to iron ore customer

Metso Minerals assembled crushers save time and improve safety for iron ore concentrator in Western Australia at the Karara project. This is an integrated development of a magnetite deposit, to produce both high grade magnetite concentrate on-site and […]

Matti Kähkönen appointed new President and CEO of Metso

The Board of Directors of Metso has appointed Mr. Matti Kähkönen, M.Sc. in Engineering, as the new President and Chief Executive Officer of Metso Corporation and Metso Group. Kähkönen will start in his new position on […]

Metso delivers final batch of processing equipment to Pampalo Gold Mine site

Endomines AB's wholly owned subsidiary, Endomines Oy, has received the final batch of processing equipment, delivered by Metso Minerals (Sala) AB to the Pampalo Gold Mine site. The final delivery comprised of grinding mill heads. […]

Metso settles intellectual property dispute

A lawsuit involving the protection of certain Metso intellectual property rights, Metso Minerals Industries, Inc. versus FLSmidth-Excel LLC, Excel Foundry & Machine, Inc., et al., United States District Court for the Eastern District of Wisconsin, […]

Nomination Committee representatives of Metso Corporation

Metso's four biggest registered shareholders on November 2, 2009 i.e Solidium Oy, Cevian Capital II Master Fund L.P., Varma Mutual Pension Insurance Company and Ilmarinen Mutual Pension Insurance Company have named the following persons as their representatives for Metso's Nomination Committee: Kari Järvinen, Managing Director (Solidium Oy); Lars Förberg, Managing Partner (Cevian Capital); Matti Vuoria, Managing Director, President and CEO (Varma Mutual Pension Insurance Company), and Harri Sailas, CEO (Ilmarinen Mutual Pension Insurance Company). Jukka Viinanen, Chairman of Metso's Board of Directors, and Jaakko Rauramo, Vice Chairman of the Board of Directors, serve as the Committee's expert members. The Committee will elect a chairman from among its members in its organizing meeting. Metso's Nomination Committee, established by the Annual General Meeting, prepares proposals on the composition of the Board of Directors along with the director remuneration for the next Annual General Meeting, which is tentatively scheduled for March 30, 2010. Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 26,500 employees in more than 50 countries. www.metso.com Further information for the press, please contact: Aleksanteri Lebedeff, Senior Vice President, General Counsel, tel. +358 20 484 3240 Further information for investors, please contact: Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253

Metso to start personnel negotiations in its Mining and Construction Technology segment’s Finnish operations

Metso will start employee discussions regarding temporary layoffs and personnel reductions of its Mining and Construction Technology personnel in Tampere and Helsinki, Finland. The negotiations will affect all personnel at Metso Minerals Inc., a total […]

Metso obtained EUR 200 million of long-term funding

Metso Corporation has made a placement of 5-year bonds to a group of European investors under Metso's EMTN program. In order to accommodate investor preferences the overall issue size is EUR 300 million. Out of […]

Metso discontinues study on structural options

Metso Corporation's Company release on November 28, 2008 at 9:00 a.m. Metso announced on August 22, 2008 the initiation of a study, with Goldman Sachs as advisor, to assess value-enhancing opportunities, including structural options....more at […]

Metso's Interim Review, January 1 – September 30, 2008

Metso Corporation Company Release on October 28, 2008 at 12.00 p.m. Good profitability in third quarter, measures to adjust to changing operating environment started Highlights of the third quarter New orders worth EUR 2,246 million […]

Metso Park India declared open

Metso Minerals new industrial park in India was declared officially open on 1st October 2008. The new facility will be fully operational by 2010, and is expected to provide employment for approximately 700 people. The […]

Metso improves its wear part supply chain with an acquisition in Czech Republic

Metso Corporation Press release on September 29, 2008 at 02:00 p.m. Metso will acquire PSP Slévárna, a producer of finished machined manganese wear parts located in Prerov, Czech Republic. The sellers are two private persons. […]

Metso – more potential and more sales

Metso has signed an agreement with GE Energy to acquire GE's Lachine Main Plant, a heavy fabrication and machining facility located near Montreal, province of Quebec, Canada. The acquired assets will be integrated into the […]

Metso to supply grinding equipment to Worsley in Australia

Metso Minerals will supply grinding equipment to Worsley Alumina in Western Australia. The start-up for the equipment is during the first half of 2011. The value of the order is approximately EUR 5 million. The […]

Metso to supply crushing and screening equipment to Moly Mines in Australia

Metso Minerals will supply crushing and screening equipment to Moly Mines for its Spinifex Ridge molybdenum project near Port Hedland in Western Australia’s Pilbara region. The delivery will be completed during the fi rst quarter […]

Metso to supply crushing equipment to Assmang Limited in South Africa

Metso Minerals will supply crushing equipment to Assmang Limited for its Khumani iron ore mine in the Northern Cape of South Africa. The delivery will be completed during the second quarter of 2010. The value […]