Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Metso Corporation has received an announcement pursuant to the Securities Market Act regarding a change in shareholding within the Cevian funds. Cevian Capital II Master Fund L.P. has transferred its aggregate holding of 12,508,060 Metso shares to Cevian Capital Partners Ltd, which is a wholly-owned subsidiary of Cevian Capital II Master Fund L.P.
As of December 18, Cevian Capital Partners Ltd. holds a total of 12,508,060 shares which corresponds to 8.32% of Metso shares. The transfer does not have any impact on the total amount of shares held by Cevian. The registered number of shares of Metso Corporation is 150,348,256, which entitle to a total of 150,348,256 votes.
Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries deliver sustainability and profitability to customers worldwide. Expect results.
www.metso.com, www.twitter.com/metsogroup
Further information:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel. +358 20 484 3253
