02/03/2017 10:00:34

Metso is investing in screening media manufacturing to meet growing demand from the mining industry

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Metso is investing in screening media manufacturing to meet growing demand from the mining industry

Metso Corporation's press release on March 2, 2017 at 12:00 a.m. EET

Metso is expanding its global manufacturing capacity for rubber screening media used in minerals processing by investing in three new injection presses. The presses will be installed at Metso's facilities in Australia, India and Sweden by early 2018.

The EUR 1.7 million investment will significantly increase Metso's global rubber screening media manufacturing capacity. The demand for Metso's screening media has grown in the mining segment after the introduction of 1'x1' modular screening media, TrellexTM 305PS, in 2016.

"Uptime and availability mean the world to our customers. A mine can easily consume thousands of screening media modules in a year. During maintenance, the right modules simply have to be at the right place at the right time. With this investment, we can answer our customers' needs and ensure on-time delivery," says Claes Larsson, Product Manager, Screening Media, Metso.

The 1'x1' (305 mm x 305 mm) screening media module size is a standard in major mining markets, due to safety and compatibility reasons. Metso made the decision to include the size in its Trellex product range, based on customer demand.

"We are already the number one service partner for the mining industry. Complementing our extensive wear parts portfolio with an industry standard such as 1'x1' screening media is a natural step in strengthening this position. We are the only supplier able to provide everything that a mine needs in a comminution circuit, from spare and wear parts to equipment and service," says Jose E. Perez, Senior Vice President, Crushing and Screening Wears, Metso.

"With this investment, we expand our manufacturing footprint to be better able to serve our customers efficiently, conveniently, with an eye towards shorter lead times and reduced inventory requirements," he continues.

As a part of its commitment to availability and short lead times, Metso is prepared to make further investments in screening media manufacturing if the demand continues to grow.

Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.

Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,000 services professionals. Metso has an uncompromising attitude towards safety.

Metso is listed on the NASDAQ OMX Helsinki, Finland, and had sales of about EUR 2.6 billion in 2016. Metso employs over 11,000 persons in more than 50 countries. Expect results.

 

www.metso.com

www.twitter.com/metsogroup

Further information, please contact

Claes Larsson, Product Manager, Screening Media, Metso, Tel. +46 70 558 2573, e-mail claes.larsson@metso.com

Helena Marjaranta, Vice President, Global Communications, Metso Corporation, Tel. +358 20 484 3212, e-mail helena.marjaranta@metso.com


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Metso Corporation via Globenewswire

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