Metso plans Minerals equipment business restructure in evolving market

Metso is undertaking structural adjustments in specific areas of its Minerals equipment business. These changes are a response to the evolving market landscape, particularly the growing demand for strategic minerals that underpin the global energy transition.
Screening Static & Mobile / May 7, 2024
By Guy Woodford
Due to the evolving market landscape, Metso is undertaking structural adjustments to its Minerals equipment business. Pic: Metso

The planned changes will, says Metso, improve agility, extend customer reach and coverage, and enable better alignment towards customers. At the same time, the company seeks to implement efficiency improvements to compensate for slow decision-making that is influencing large customer investments.

As a result, the mining and quarrying equipment solution and linked technology major will start local consultation processes that will affect parts of Metso's Minerals equipment business and the related market area operations. The planned changes include organisational realignment and other efficiency measures, as well as permanent and temporary layoffs. 

Based on Metso's preliminary view, the planned, estimated employee reduction need is approximately 240 positions globally, of which, at maximum, 90 are in Finland.

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