Metso Outotec

Metso Outotec announced the closure of its wear parts factory in North Bay, Ontario, as part of its plan to develop its global manufacturing footprint.

Metso Outotec signed a contract with Zijin Mining to supply key minerals processing equipment for the Qulong copper mine project in Tibet, China. The order is valued at EUR 25 million ($29.4 million) and includes a 58-megawatt grinding circuit, process automation, and services.

Metso Outotec will deliver two Vertimill VTM-4500 vertical stirred grinding mills to a gold mine in Australia next year. The typical order value is between €10-€15 million.

Metso Outotec received a US$29.2 million order from Zijin Mining Group to supply a 58-MW grinding circuit with horizontal and vertical grinding mills, process automation, and installation services for the Qulong copper mine in China.

Metso Outotec signed a major contract with Zijin Mining Co., Ltd. to supply key minerals processing equipment for the Qulong Copper Mine project in Tibet, China. The order value is around EUR 25 million, covering a 58 MW grinding circuit, process automation, and services.

Metso Outotec's new manufacturing site in Šiauliai, Lithuania, has started operations, producing rubber and poly-met wear parts for mining customers. The factory will employ 80 people by the end of 2020.

Metso Outotec has won two orders totaling $11.8 million for anode casting shops: one for Yangxin Hongsheng Copper's greenfield copper smelter in Huangshi, China, and another for Aurubis Bulgaria's plant in Pirdop, Bulgaria. Both are expected to be commissioned in 2021.

Metso Outotec has won a €23 million (US$27 million) order to deliver two primary crushing stations for an unspecified mine in the Russian Far East. The equipment is scheduled to be commissioned in 2023.

Lynas Corporation signed a $21.6 million contract with Metso Outotec for the development of its Kalgoorlie processing plant. Work has started on the plant.

Metso Outotec won a $15 million contract from Lynas Corporation to supply a 110-meter, 1,500-tonne kiln for the Kalgoorlie rare earths processing plant in Western Australia.

Outotec Oyj and Metso Corp. received unconditional merger control clearance from the European Commission, following earlier clearances in Canada, Chile and Turkey. The merger is expected to be completed on June 30, 2020.