MTG

What MTG does

MTG (legal entity METALOGENIA, S.A.) is a Spanish industrial engineering company that designs and manufactures ground engaging tools (GET) — teeth, adapters, shrouds, lip systems, locking devices, rippers and cutterheads — for earthmoving machinery used in mining, construction and dredging. Its core technology is proprietary: MTG operates its own foundry in Monzón, Spain, producing medium-carbon and low-alloy steels with an optimal hardness-toughness balance via electric arc furnaces, AOD converters and specialized heat treatments. Products (TWINMET, VEEMET, STARMET, KINGMET, COMET, PROMET, RIPMET, DMET, MTG CUTTERHEADS and the MTG PLUS wear-protection line) are all-steel and predominantly made from recycled scrap.

The company sells exclusively to businesses through a global network of over 400 authorized dealers operating in more than 60 countries; it does not sell directly to end consumers. Revenue is generated via hardware sales of wear parts bundled with technical services, an online MTG Configurator tool, the MTG Academy training platform, and an emerging digital monitoring layer (GET Detection and Digging Monitor) for real-time data on tool performance. Primary customer segments are Mining (hydraulic excavators, draglines, rope shovels, LHDs, bulldozers, wheel loaders), Construction (excavators, loaders, bulldozers, mini-excavators, backhoes) and Dredging (CSD, TSHD, backhoe and grab dredgers), with a secondary OEM Partners segment.

Founded around 1959 and headquartered in Barcelona, MTG is an independent privately held company (S.A. structure) with 251-500 employees, ISO 9001 / ISO 14001 (since 1999) / ISO 45001 certifications, and a sustainability profile — 65.2% renewable electricity, 500 KWh/ton steel, near-zero direct CO2 — that it markets as differentiated within the wear-parts sector. The company has no disclosed parent, no public listing, and no recorded external funding rounds.

Name

MTG

Legal name

METALOGENIA, S.A.

Website

https://mtgcorp.com

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

251–500 employees

Short description

MTG (METALOGENIA, S.A.) is a Spanish industrial manufacturer of ground engaging tools and proprietary steel alloys for earthmoving machinery in mining, construction, and dredging applications. It sells exclusively via 400+ dealers across more than 60 countries.

Ownership category

akta.pro rank

Product category

Ground Engaging Tools (Mining and Construction Wear Parts)

NAICS

Mining Machinery and Equipment Manufacturing (333131), Construction Machinery Manufacturing (333120)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Wear Parts & Consumables (GET, Liners, Drill Bits, Grinding Media) (IMAKANAH)

akta.pro secondary industries

Wear Parts & Consumables (Liners, Mantles, Hammers) (IMAHAMAK), Attachments & Work Tools (Buckets, Augers, Hammers) (IMAHAAAM)

Keywords

• Ground engaging tools
• Earthmoving wear parts
• Mining equipment components
• Bucket protection systems
• Construction machinery parts

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Ground Engaging Tools (G.E.T.): MTG generates revenue through the sale of wear parts including teeth, adapters, shrouds, lip systems, and locking devices for earth-moving machinery in mining, construction, and dredging applications. Products are sold through global dealer network.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

MTG designs, manufactures, and distributes high-quality ground engaging tools (GET) for earth-moving machinery used in mining, construction, and dredging applications. The product portfolio includes tooth-adapter systems, bucket protection components (lip shrouds, wing shrouds), cutterheads, ripper systems, and proprietary steel formulations. Products are sold through a global network of over 400 dealers in 60+ countries alongside digital monitoring solutions.

Product overview

MTG is a specialist manufacturer of high-quality Ground Engaging Tools (GET) for earth-moving machinery across Mining, Construction, and Dredging applications. The product portfolio centers on tooth-adapter systems (TWINMET, VEEMET, STARMET), bucket protection products (PROMET, RIPMET, KINGMET, COMET), and specialized solutions (LHD Lip System, MTG CUTTERHEADS, DMET). These are complemented by the MTG PLUS enhanced protection add-on and digital solutions including GET Detection and Digging Monitor for real-time operational monitoring. The portfolio also includes MTG Steels - proprietary steel formulations engineered for optimal wear resistance and toughness. MTG operates its own foundries and serves customers through a global dealer network spanning over 60 countries.

Differentiator

Problem solved

Functional benefit

Brands

• MTG Systems: Product system brand for ground engaging tools including TWINMET, VEEMET, STARMET, PROMET, RIPMET
• MTG PLUS
• MTG Steels
• MTG Academy
• MTG Configurator
• MTG CUTTERHEADS
• Digging Insights

Products and services

• TWINMET Hammerless 3-part tooth-adapter system designed for excavators, draglines, and various mining and dredging equipment. Provides secure locking without hammer installation for mining, construction, and dredging operators.
• VEEMET New generation tooth system with improved stability, optimized locking, and enhanced penetration. Available for mining, construction, and dredging applications including rope shovels.
• STARMET Advanced tooth system for mining applications including draglines and rope shovels, featuring robust design for demanding conditions. Also available for construction and dredging segments.
• PROMET Bucket protection system for mining, construction, and dredging equipment, including lip shrouds and wing shrouds for full bucket coverage.
• RIPMET Hammerless ripper tooth-adapter system designed for dozers and ripper applications in mining operations. Also available for construction and dredging segments.
• KINGMET Tooth system specifically designed for construction applications including excavators, loaders, and dozers. Also available for dredging.
• COMET Tooth system for construction and dredging applications with various tooth designs and adapters.
• DMET Tooth system specifically designed for cutterhead dredgers, providing reliable performance in dredging operations.
• MTG PLUS Enhanced bucket protection system expanding MTG's product range with wear runners for improved durability and extended wear life across mining, construction, and dredging applications.
• LHD Lip System Welded shrouds for low-profile LHD (Load Haul Dump) underground loaders, providing protection for underground mining equipment.
• MTG CUTTERHEADS Innovative cutterheads and systems for cutter suction dredgers, optimizing performance of dredging equipment.
• GET Detection Digital monitoring solution that gathers real-time data from ground engaging tools to make mining operations safer and more efficient.
• Digging Monitor Real-time monitoring system for digging operations, part of MTG's next-generation digital solutions for ground engaging tools.

Quantifiable outcome

• Operation efficiency increased up to 25%
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• ESCO Corporation (Weir ESCO): ESCO is the most direct global competitor to MTG in ground engaging tools and wear parts for mining, construction and infrastructure equipment, offering overlapping tooth, adapter and lip systems to similar mining and quarry customers worldwide.
• Bradken: Bradken manufactures wear-resistant replacement products and castings for the mining and resources sector, including ground engaging consumables and mill liners, and is highly comparable to MTG in metallurgy-driven wear parts for mining applications.
• Columbia Steel Casting Co. Columbia Steel is a US-based manufacturer of replacement wear parts for mining, construction and aggregate equipment, directly competing with MTG in cast tooth systems, bucket lips and shrouds for excavators and shovels.
• Hensley Industries (Caterpillar): Hensley, now part of Caterpillar, is a long-established direct manufacturer of GET and ground engaging components for excavators, loaders and dozers, directly competing with MTG's TWINMET, VEEMET and KINGMET systems in mining and construction.

Broad incumbents

• Caterpillar: Caterpillar is the world's largest construction and mining equipment OEM, offering Cat Work Tools and Cat Ground Engaging Tools as part of its broader portfolio. It is a broad incumbent rather than a pure GET specialist, with significant captive GET supply.
• Komatsu: Komatsu is a global OEM of mining and construction equipment that supplies its own bucket teeth and GET through its parts business. It is comparable to MTG as an end-equipment manufacturer offering overlapping wear part solutions across mining and construction.
• Sandvik Mining and Rock Solutions: Sandvik serves the mining and rock processing industry with drilling, loading and wear material solutions, including GET-adjacent offerings. It is a broad incumbent with adjacent wear-resistant product lines that compete for similar mining customers.
• Epiroc: Epiroc supplies drilling, loading and hauling equipment, parts and consumables for mining and infrastructure. Its parts and rock drilling consumables business overlaps with MTG in serving the same mining operators with wear-intensive consumables.
• Metso: Metso manufactures equipment, parts and services for mineral processing and aggregates, including wear parts for crushing and grinding. It is comparable to MTG as a broad wear-parts supplier to mining customers, though focused more on processing than digging.
• FLSmidth: FLSmidth supplies engineering, equipment and aftermarket services for the mining and cement industries, including wear-resistant solutions. It is comparable to MTG as a broad industrial supplier selling wear-intensive consumables to large mining customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about MTG