Metso Outotec to start next phase of development of its metals business
Having Hydrometallurgy as part of the Minerals business will enable enhanced customer service with a competitive and fully integrated Planet Positive product offering, as well as closer integration with the customers’ processes through digitalization. Going forward, gold and battery chemicals businesses are among the interesting new synergistic growth areas.
A strategic review will be conducted in the remaining Metals business area, consisting of the Smelting, Metals & Chemical Processing and the Ferrous & Heat Transfer business lines, as well as related aftermarket services. The review will focus on evaluating the best environment for developing the Metals business and its strategic fit in Metso Outotec’s business portfolio. All potential options will be considered, including development by Metso Outotec, co-development with a partner, or divestment.
The review has no impact on Metals’ daily business conduct, sales, or project execution, which will continue with full commitment.
(This article first appeared in the Canadian Mining Journal)