Metso Outotec will take further steps in its business portfolio, following the full integration of its minerals business. The company has announced that it plans to change the structure of its business area and related reporting segments by transferring the Metals Hydrometallurgy business to Minerals. The objective of the change is to accelerate Metso Outotec’s profitable growth in the mineral processing industry by taking more efficient advantage of opportunities and synergies in mineral and hydrometallurgical processes.
The company says that having hydrometallurgy as part of the minerals business will enable improved customer service with a competitive and fully integrated Planet Positive product offering, as well as closer integration with customer processes through digitization.
To achieve this, a strategic review will be carried out in the remaining metals business area, which consists of the foundry, metal and chemical processing and heat transfer and ferrous business lines, as well as related after-sales services.
The review will also focus on assessing the best environment for developing the metals business and its strategic fit within Metso Outotec’s business portfolio. In addition, all potential options will be considered, including development by Metso Outotec, joint development with a partner or divestment. The review has no impact on Metals’ day-to-day business conduct, sales or project execution, which will continue with full commitment.
