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 has won a significant order to deliver two complete grinding lines to Russia. The first comminution line will be delivered at the end of 2018 and the second around 2020. Once operational, the estimated production at the plant will be 28 million tons of copper ore per year.
The order was booked in Metso’s 3rd quarter 2017 orders received.
“We are very proud of this order which clearly demonstrates that we have succeeded in making a true difference in our customer’s business by helping them to build sustainable and profitable operations. We at Metso are more committed than ever to offering our customers the best available products and solutions for the future,” says Victor Tapia, President, Metso’s Minerals Capital business area.
