- Business
- Metso Oyj (METSO.HE), headquartered in Espoo, Finland, and established in 2020 through the merger of Metso Minerals and Outotec, provides sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries worldwide; its core offerings encompass crushing and screening equipment, grinding mills, flotation systems, magnetic separation, filtration, material and slurry handling, conveyors, pyro processing, recycling solutions, digital optimization tools, hydrometallurgical and pyrometallurgical plants, and specialized products such as the Outotec DRI Smelting Furnace for steel decarbonization, serving mining, aggregates, construction, infrastructure, recycling and metals recovery customers across regions including Europe, Asia, the Americas and Africa. The company operates through two main segments, Aggregates and Minerals, with a focus on energy and water efficiency, productivity enhancement and environmental risk reduction. Recent developments include an updated strategy and financial targets announced in September 2025 emphasizing aftermarket growth in aggregates, regional market strengthening and leadership in recycling; a distribution agreement with Rock Plant in November 2025 to expand crushing equipment presence in East Africa (Kenya, Tanzania, Uganda); consideration of divesting its loading and hauling business (truck bodies, buckets, tools) in Finland and Sweden announced in August 2025 to refocus on core scalable segments, potentially impacting 110 employees; an agreement in May 2025 to divest the Ferrous business (travelling grate pelletizing, Circored direct reduction) to SMS group, slated to close in Q1 2026 with 180 employees transferring; a name change from Metso Outotec to Metso in May 2023; and a headquarters move from Helsinki to Espoo in September 2023.