As part of its energy-saving comminution technology development efforts, Metso has signed an agreement to acquire its long-term partner Swiss Tower Mills Minerals AG (STM). Previously, Metso had a 15% minority ownership in the company. The parties have agreed not to disclose the transaction value. Metso decided to exercise its right of first refusal following the divestment decision of STM’s…
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Metso Outotec sending grinding equipment to Las Truchas
Metso Outotec has landed a €17 million order for key grinding equipment for ArcelorMittal’s Las Truchas iron ore processing facility in Mexico, which is currently undergoing a refurbishment.
Read MoreGrasberg brings in Fluor for pit-to-underground transition
A joint venture headed up by engineering firm Fluor has been contracted to build and install a grinding mill at the PT Freeport Indonesia’s Grasberg copper and gold complex in Papua, Indonesia.
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