Metso

What Metso does

Metso Corporation is a Finnish public limited company (Nasdaq Helsinki: METSO.HE) headquartered in Espoo, Finland, founded in 1999 and formed through the 2020 merger with Outotec. The company designs and supplies process technology, equipment, and services for three primary industrial verticals: aggregates production, minerals processing, and metals refining. Its core capital equipment portfolio spans the entire flowsheet: crushing (Nordberg C Series, HP Series, HRC, and the 2026 Primarok/Optirok/Durarok launches), grinding (Vertimill, HIGmill, HRC high-pressure grinding rolls, and the new Loesche VRM dry grinding technology), flotation (Concorde Cell, coarse particle flotation), filtration (Larox PF, RT, FFP), dewatering/thickening, magnetic separation, and hydrometallurgy. The Outotec sub-brand remains for metals refining technologies including flash smelting, Grate Kiln pelletizing, and the Outotec Robotic Split Strip for copper electrorefining.

Metso monetizes through a hybrid revenue model: large direct enterprise sales for capital projects (typical orders €30-180M+ for greenfield or expansion mining plants) complemented by a global distributor network (BIA Group, BSF Aufbereitungstechnik, Rock Plant), recurring aftermarket revenue from spare parts and Life Cycle Services contracts (over 550 active LCS partnerships with an average three-year duration, including 100+ new agreements in 2025), subscription-based digital services (MyMetso platform, AI-powered Predictive Maintenance, Production Performance), and technology licensing. Pricing on capital equipment is quote-based; LCS contracts are outcome-based with multi-year terms and performance guarantees (e.g., 5-10% pump availability improvement, 15-25% wear life extension, 20-30% unplanned downtime reduction). Digital services bill on annual subscriptions.

The company operates in over 50 countries with a workforce exceeding 17,000, supported by major R&D and manufacturing facilities in Finland (Pori Research Center with ~180 experts, Dewatering Technology Center in Lappeenranta, €200+ million Lokomotion technology centre in Tampere), the United States (Manchester PA Test Center, Mesa AZ service center, Pittsburgh bulk material handling hub), and growing operations in Canada, South Africa, Australia, Argentina, Mexico, and Romania. Major customers include Southern Peru Copper, Artemis Gold, Transnet Port Terminals, Grupo Mexico, Barrick Gold (Reko Diq), Harmony, Kamoa-Kakula, and SAIL. Recent strategic actions include the divestiture of Ferrous Technologies to SMS group (January 2026), acquisition of MRA Automation (February 2026), exclusive partnership with Loesche for VRM technology, ISO 27001 certification achieved ahead of Q2 2026 target, and S&P credit rating termination (November 2025) while retaining Moody's Baa2 rating.

Name

Metso

Legal name

Metso Corporation

Website

https://metso.com

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Metso is a Finnish public company that supplies process equipment, digital services, and Life Cycle Services for the global aggregates, minerals processing, and metals refining industries, serving mining majors, steel producers, and quarry operators across 50+ countries with an installed base of 17,000+ employees.

Ownership category

akta.pro rank

Product category

Mining and Minerals Processing Equipment

NAICS

Mining and Oil and Gas Field Machinery Manufacturing (33313), Agriculture, Construction, and Mining Machinery Manufacturing (3331), Industrial Machinery Manufacturing (3332), Industrial Machinery Manufacturing (33324), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Special Industry Machinery (No Metalworking Machinery) (3550), General Industrial Machinery & Equipment (3560), Special Industry Machinery, Nec (3559), Wholesale-Industrial Machinery & Equipment (5084)

akta.pro primary industry

Specialty Power Systems MRO (Generators, Compressors, Pumps, Welders) (TLAKAHAJ)

akta.pro secondary industry

Material Handling Equipment MRO (Forklifts, Reach Trucks, Pallet Jacks) (TLAKAHAC)

Keywords

• Mining equipment
• Mineral processing
• Metals refining
• Aggregates production
• Industrial filtration

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices15 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Capital Equipment Sales: New equipment deliveries including crushers, grinding mills, flotation cells, filters, and other process technology equipment for mining, aggregates, and metals refining applications. Q4 2025 equipment sales showed 23% growth in Aggregates and 27% in Minerals segments.
2. Aftermarket Services and Consumables: Replacement parts, wear parts, maintenance, repairs, and Life Cycle Services. Metso has over 550 active LCS partnerships globally with average contract duration of three years, providing recurring revenue streams.
3. Life Cycle Services (LCS): Comprehensive service contracts including Crushing as a Service, Pumps availability guarantees, and performance-based outcome partnerships. Metso secured over 100 new LCS agreements in 2025, with 67% from minerals processing and 33% from aggregates sectors.
4. Digital Services Subscriptions: Subscription-based digital services including MyMetso platform access, AI-powered Predictive Maintenance, and Production Performance services delivering 5-15% throughput improvements.
5. Technology Licensing: Licensing of proprietary technologies including flash smelting, Grate Kiln, Circored hydrogen-based direct reduction, and other process technologies for metals refining.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Metso designs, manufactures, and services sustainable process equipment and end-to-end solutions for the aggregates, minerals processing, and metals refining industries. Its portfolio spans crushing, screening, grinding, flotation, filtration, thickening, magnetic separation, hydrometallurgy, and smelting equipment, complemented by the MyMetso digital platform with AI-powered Predictive Maintenance, Production Performance subscriptions, and Life Cycle Services contracts covering spare parts, maintenance, and outcome-based performance guarantees.

Product overview

Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries. The company operates a platform-plus-modules architecture offering capital equipment (crushers, grinding mills, flotation cells, filters) integrated with digital services (MyMetso platform, AI-powered Predictive Maintenance, Production Performance) and comprehensive Lifecycle Services. Key product families include the Nordberg C Series and HP Series crushers, Vertimill and HIGmill stirred mills, HRC high-pressure grinding rolls, Concorde Cell flotation technology, and the Larox filtration family (PF, RT, FFP). The portfolio is complemented by research and testing capabilities through the Dewatering Technology Center in Lappeenranta and Metso Test Center in Pennsylvania, enabling customers to optimise complete flowsheets from ore characterisation through final product dewatering.

Differentiator

Problem solved

Functional benefit

Brands

• Larox: Filtration solutions brand acquired through Outotec, known for pressure and vacuum filters including Larox PF, Larox PF-DS, Larox FFP, Larox RT, and Larox RT-GT. The Larox brand is widely recognized in the industry as synonymous with high-quality filters.
• Outotec
• Lokomotion
• Planet Positive
• Concorde Cell
• Metso Test Center (MTC)
• Dewatering Technology Center (DTC)

Products and services

• Primarok Primary Crusher Primary crusher engineered for capital expenditure minimisation, designed for mining operators seeking cost-effective primary crushing solutions.
• Optirok Primary Crusher Primary crusher engineered for operational flexibility, allowing mining operations to adapt to varying ore conditions and processing requirements.
• Durarok Primary Crusher Primary crusher engineered for durability, built to withstand the most demanding mining conditions and extended operational lifespans.
• Nordberg C Series Jaw Crusher Jaw crusher series widely used in primary crushing in aggregates and mining industries, with over 13,000 units delivered worldwide since 1975.
• Nordberg HP Series Cone Crusher Cone crusher series providing high capacity and efficiency for secondary and tertiary crushing in mining and aggregates applications.
• Vertimill Vertical Stirred Mill Vertical stirred mill for fine and ultra-fine grinding applications in minerals processing, offering energy efficiency advantages over conventional ball mills.
• HIGmill Vertical Stirred Mill Vertical stirred mill technology for fine and ultra-fine grinding, part of Metso's comprehensive grinding portfolio supporting complete comminution circuits.
• HRC High Pressure Grinding Rolls High-pressure grinding rolls for energy-efficient comminution in mineral processing, including the HRC 8 and HRC 10 high-capacity models.
• Metso Loesche VRM Dry Grinding Technology Vertical Roller Mill dry grinding technology developed through exclusive partnership with Loesche, achieving 20-30% greater energy efficiency than conventional ball mill circuits while eliminating water requirements.
• Concorde Cell Flotation Technology Flotation technology for recovering fine and ultra-fine particles, part of Metso's advanced flotation portfolio addressing lower-grade and more complex ore bodies.
• Larox PF Pressure Filter Pressure filter in the Larox product family, considered the gold standard for solid-liquid separation in mining and industrial applications.
• Larox RT Horizontal Vacuum Belt Filter Horizontal vacuum belt filter in the Larox product family for continuous filtration applications in mining and industrial processes.
• Larox FFP Filter Filter product in the Larox family, one of five Larox filter types in Metso's filtration portfolio serving hundreds of mining and industrial applications.
• Grate Kiln Iron Ore Pelletizing System Iron ore pelletizing system engineered for Direct Reduction (DRI) and low-carbon steelmaking processes, offering independent control of grate, kiln, and cooler operations with flexibility for alternative fuels like biomass and hydrogen.
• Outotec Robotic Split Strip Advanced robotic and hydraulic system for separating cathode sheets from cathode plates in copper electrorefining operations, offering smaller footprint, reduced downtime, improved reliability, and flexible layouts.
• OKTOP Cooling Tower Third-generation cooling tower for demanding slurry and electrolyte cooling duties in metals refining, featuring up to 70% smaller installation footprint, improved efficiency, and the world's first self-cleaning feature.
• Lokotrack EC Range Mobile Equipment Mobile crushing and screening equipment range launched at CONEXPO 2026, featuring sustainable and efficient solutions for aggregates production.
• HRC 10 High-Capacity Roll Crusher High-capacity roll crusher launched at CONEXPO 2026, designed to improve throughput and efficiency in aggregates production.
• MyMetso Digital Platform Digital customer portal providing unified access to machine data, support services, and real-time monitoring across Metso equipment fleet.
• Life Cycle Services (LCS) Comprehensive service framework covering basic parts supply through full equipment lifecycle management, including outcome-based partnership models with Crushing as a Service and Pumps availability solutions.
• AI-powered Predictive Maintenance Digital service module using AI and machine learning to predict equipment failures and reduce unplanned downtime in aggregates operations.
• Production Performance Digital Service Subscription-based digital service delivering 5-15% throughput improvements through adaptive feed control and real-time production optimisation.
• Modular Grinding Classification System Configurable pre-engineered modules for pumps, hydrocyclones, product samplers, particle size analysers, and mill lubrication units offering four times faster installation and over 20% cost savings.
• Online Spare Parts Catalog Web-based catalog enabling visual identification of spare and wear parts for Metso equipment with part number identification and online quotation request capabilities.

Quantifiable outcome

• Pump availability improved by 5-10% with Life Cycle Services
• +8 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature10 records

Partnerships

Nine partnerships are on record, tiered core, supporting and strategic.

• BSF Aufbereitungstechnik GmbHcoreChannel Partner/ Reseller/ Distributor · 1 April 2026Exclusive distributor appointment for West and South Germany starting April 2026, expanding Metso's distributor network in Germany and building on BSF's existing coverage in the Netherlands. Focus on aggregates and recycling sectors.
• Loesche GmbHcoreTechnology or Integration · 25 February 2026Exclusive partnership for VRM dry grinding technology for mining operations. Combines Metso's end-to-end minerals processing expertise with Loesche's Vertical Roller Mill technology with over 2,400 references globally. Eliminates water requirements while achieving 20-30% greater energy efficiency.
• DHL Supply Chain AustraliasupportingChannel Partner/ Reseller/ DistributorThird-party logistics partner in Queensland covering warehousing operations at Berrinba, Brisbane facility. Manages inbound/outbound logistics, storage, and 24/7 support for mining equipment across Australia's Eastern Seaboard. Extends existing partnership in Indonesia and South Africa.
• Transnet Port TerminalscoreStrategic or Co-development PartnerR500-million seven-year technical support agreement covering Saldanha, Gqeberha, and Richards Bay dry-bulk terminals in South Africa. Cape Town hub aims to reduce parts lead times from 6-8 weeks to 1-2 weeks.
• BIA GroupcoreChannel Partner/ Reseller/ DistributorMetso's long-standing distributor across Europe and Africa, reinforced by acquisition of BPM Construction expanding presence in France with six locations across northern and western France.
• Grupo PalmerostrategicStrategic or Co-development PartnerLong-term strategic alliance for Argentina's mining sector - Metso handles large-scale metalliferous projects while Grupo Palmero focuses on non-metallic mining including cement, lime, and industrial minerals. Geographic complementarity between San Juan and Mendoza operations.
• Spanish Mountain Gold Ltd.strategicStrategic or Co-development PartnerMoU for Spanish Mountain Gold project in British Columbia involving equipment selection and support for process plant and tailings dewatering facilities. Potential up to $50M OEM financing backed by state export credit agency.
• Rock Plant LimitedcoreChannel Partner/ Reseller/ DistributorDistribution deal signed for East Africa covering mining and aggregates heavy machinery and equipment.
• MetinveststrategicStrategic or Co-development PartnerUkrainian steel and mining group partnership for Northern Iron Ore flotation concentration complex. Metso developing basic engineering by end of 2026 to increase iron content to 70.8% and reduce impurities.

Scale indicators17 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• FLSmidth: Danish global supplier of equipment and services for the cement and mining industries, with overlapping portfolios in comminution, flotation, thickening, and material handling. Direct competitor to Metso's Minerals Processing and Metals Refining segments, serving the same mining majors.
• Astec Industries: US-based manufacturer of equipment for aggregates, infrastructure, and recycling markets including crushing, screening, and material handling. Direct peer to Metso's Aggregates segment, particularly for quarry contractors in North America.
• Weir Group: UK-based mining technology company specializing in slurry handling, comminution (crushing and grinding), and mill lining. Direct competitor to Metso's Pumps business and parts of its minerals processing portfolio, with strong overlap in copper and gold mines.
• Terex: US-based manufacturer of mobile crushing and screening equipment (Terex Finlay, Powerscreen), aerial work platforms, and materials processing machinery. Directly comparable to Metso's Lokotrack mobile range and aggregates equipment business.
• Sandvik: Swedish engineering group with a Mining and Rock Solutions division offering crushing, screening, drilling, and materials handling equipment. Closely comparable to Metso's aggregates and mining equipment business with overlapping customer base in quarries and mines.

Broad incumbents

• Caterpillar: US-based global incumbent in construction, mining, and diesel equipment with surface mining trucks, electric rope shovels, and Cat MineStar digital platform. Competes with Metso in mobile crushing/screening adjacencies and as a broad mining OEM, though Metso is more specialized in fixed plant processing.
• thyssenkrupp: German industrial conglomerate with mining technologies, cement plant construction, and steel/metals processing divisions. Overlaps with Metso's metals refining and bulk material handling portfolio, particularly in iron and steel value chains.
• Komatsu: Japanese OEM of mining trucks, hydraulic shovels, and construction equipment with modular mining and SMARTCONSTRUCTION digital offerings. Adjacent competitor in mining load-and-haul and digitalization, though Metso's core processing flowsheet business is largely complementary.

Others

• ABB: Swiss-Swedish electrification and automation provider supplying drives, motors, and process control systems used throughout mining processing plants. Frequently co-sells with Metso (e.g., Bechtel Eva Copper partnership) and competes at the digital/automation layer of the mining stack.

Emerging players

• Northern Heavy Industries (NHI): Chinese state-affiliated mining and bulk material handling equipment manufacturer expanding internationally with competitive pricing in crushing, grinding, and conveying. Emerging competitive threat to Metso in African, Central Asian, and South-East Asian mining markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/metsogroup
• YouTubemetso.com/youtube
• Facebookfacebook.com/MetsoWorld
• LinkedInlinkedin.com/company/4918
• Instagrammetso.com/instagram

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries13 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A31 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Metso