Metso Outotec – Partner for Positive Change
Metso Outotec, a frontrunner in sustainable technologies, is set to provide new and better technologies to help customers achieve both improved performance and a reduced environmental footprint.
Sustainability is at the core of the Metso Outotec operation. The company offers technologies and services that reduce energy and water consumption by increasing process efficiency, recycling and reprocessing of tailings and waste. Its clear focus on sustainability has been acknowledged by its 8th place ranking on the 2021 Global 100 list of the world’s most sustainable companies.
Metso Outotec extensive offering from equipment to a broad range of services across the mining, aggregates and metal processing sectors helps customers lower their operating costs and risks in a safe and environmentally focused manner.
Following acceptance of its merger by the European Commission, Metso Outotec was established through the combination of Metso Minerals and Outotec in June 2020, with the aim of providing sustainable technologies and end-to-end solutions and services for the minerals processing, aggregates and metals refining industries globally. The new company has a robust footing – drawing on 150 years of joint experience in mining and metal, Metso Outotec employs 15,000 people of more than 90 nationalities in over 50 counties.
Ian Barnard, President of Metso Outotec Africa, says: “We aim to be a sustainability leader in our industry. By providing new and better technologies and changing current ways of operating, we help our customers meet their sustainability goals. We also work closely with our suppliers to develop their sustainability practices and processes.”
In a nutshell, the company’s objective is to have a net positive impact on the planet. Metso Outotec is targeting a 50% reduction in CO2 emissions in its own production by 2030, 20% in logistics by 2025 and 20% in the product-use phase by 2025. The company is also targeting having 30% of supplier spend by the end of 2025 with partners who have set an SBT emissions target.
“We continue to bring sustainability-driven products and services to our customers. Over 90% of our product development projects have sustainability targets today,” says Mr Barnard, pointing out that the company fully embraces the digital transformation, the concept that has become a buzzword over the last few years, further accentuated by the pandemic.
“Our ambition is to be a top-tier company, with a high focus on digitization. We aim to offer a digital customer journey for their entire equipment lifecycle. As an example, we have a digital channel for easy ordering of spare and wear parts for aggregates distributors and our direct end customers. For mining customers, we have an advanced IoT solution to predict maintenance needs and optimize the process, maximize uptime and improve safety.”
Both Metso and Outotec have introduced pioneering innovations into the mining, metals and aggregates industries for over 150 years, and continuous innovation is still at the core of the new company’s value propositions to its customers today.
Within its mining business, which currently accounts for over 60% of sales, the company has an extensive offering ranging from pre-feasibility studies, engineering and process equipment to complete plants with related life cycle services, as well as comprehensive solutions for optimised processes, including intelligent automation and control systems, tailings management, separation and dewatering.
The aggregates business line includes stationary, track-mounted and wheel-mounted crushers, screens, feeders and conveyors, complete and modular crushing and screening systems, and related automation and digital solutions, spare and wear parts and services.
For its customers in metal processing, the company has an extensive range of solutions for processing ores, concentrates and raw materials into refined metals, and offers expertise in sulphuric acid processing, as well as efficient and sustainable solutions for the treatment of industrial process and wastewaters.
Metso Outotec’s customers benefit not only from its products, but also from a range of professional services including spare parts provision, refurbishments, and wear parts for mining and aggregates processes to name just a few.
Mr Barnard explains that all businesses are driven by the key megatrends of today’s life – urbanisation, electrification, sustainability and resource scarcity. “Our products and services are used in aggregates, minerals processing and metals refining processes to produce materials for the building materials of the modern world. Given their importance on a global scale, sustainability and environmental focus are key.”
Metso Outotec’s strengths include an extensive patent portfolio, R&D specialists in-house and 30 R&D centres across its geographic locations. At the end of 2020, Metso Outotec held 6381 granted rights, including patents, utility models and designs. The company on average launches over 15 new series of innovative solutions each year, reflecting its customers’ needs.
Mr Barnard points out that at about €100 million a year, Metso Outotec’s R&D investment is among the biggest R&D investment portfolios in the industry.
“We will continue to strongly invest in digitisation and the development of our offering. Innovation and product development will remain a focus going forward, and we aim to further leverage our technological know-how and intellectual property across the whole product portfolio to deliver sustainable customer solutions,” he affirms.
Given the global developments, particularly the booming mining sector, Metso Outotec’s core businesses have a sound growth outlook: the demand for aggregates equipment is forecast to grow at a 4–6% average annual growth rate and the demand for minerals processing and metals refining equipment at 3–6%.
With its balanced metals exposure and a strong service offering, Metso Outotec is set to make use of the emerging opportunities, progressing towards its mission to be customers’ number-one choice for sustainable use of earth’s natural resources.