
Investments
1Portfolio Exits
2Partners & Customers
10Service Providers
1Latest Metso News
Dec 5, 2023
Metso Outotec Oyj : launches updated Optimus Pellet optimizer for running traveling grate pelletizing plants at maximum profitability December 05, 2023 at 02:06 am EST Share Product newsDecember 5, 2023 Metso Corporation's press release on December 5, 2023, at 09:00 a.m. EET Metso is introducing a new version of the OptimusTM Pellet optimizer to further strengthen its digital offering for traveling grate iron ore pelletizing plants. OptimusTM Pellet optimizer is a digital optimizer system which runs the pellet plants at maximum profitability full automatically. The upgrade contains new embedded process intelligence that can assist plant operators make smart situational operating decisions and implement them decisions with modern advanced process control methods. The OptimusTM Pellet optimizer leverages a highly detailed thermodynamic grate model, which is now backed by operational data. It can control basically all the relevant parts of the process, including gas fans and dampers, and indurating temperature profile, thus ensuring that the processes run at the desired operating range. Moreover, it issues advice and warnings to operators to reveal important information about process bottlenecks that may otherwise go unnoticed. "As an advanced process control and expert system, the OptimusTM Pellet optimizer runs the pellet indurating plant automatically in the situationally best way to optimize the performance and thus the profitability of plant operation. It finds the optimal plant operating point and pursues it with advanced state-of-the-art control methods to ensure operational stability, optimal plant operation and efficiency. Our pellet plant process expertise forms the core of this unique optimizer. This functionality has been upgraded to increase the operational benefits even further," shares Robert Schiemann, Senior R&D Manager, Ferrous and Heat Transfer at Metso. OptimusTM Pellet is part of Metso's exhaustive suite of digital pellet plant solutions for iron ore pelletizing plants that help improve process performance, production capacity and product quality, as well as reduce energy consumption, the environmental impact, and operation and maintenance costs. These solutions include VisioPellet™, Pallet Car Condition Monitoring System and Training simulator, among others. More information about OptimusTM Pellet optimizer is available on our website. For further information, please contact: Robert Schiemann, Sr. R&D Manager, Ferrous & Heat Transfer, Metso, tel. +49 172 689 7399, email: robert.schiemann(at)metso.com Helena Marjaranta, Vice President, Communications and Brand, Metso, tel. +358 20 484 3212, email: helena.marjaranta(at)metso.com Metso is a frontrunner in providing sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By helping our customers increase their productivity, improve their energy and water efficiency and environmental performance with our process and product expertise, we are the partner for positive change. Headquartered in Espoo, Finland, Metso employs over 16,000 people in close to 50 countries and sales for 2022 were about EUR 5.3 billion. The company is listed on the Nasdaq Helsinki. metso.com, x.com/metsoofficial [Link]
Metso Investments
1 Investments
Metso has made 1 investments. Their latest investment was in Exidio as part of their Other Investors on .

Metso Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
Other Investors | Exidio | Yes | CapMan, and Nexit Ventures |
Date | |
---|---|
Round | Other Investors |
Company | Exidio |
Amount | |
New? | Yes |
Co-Investors | CapMan, and Nexit Ventures |
Sources |
Metso Portfolio Exits
2 Portfolio Exits
Metso has 2 portfolio exits. Their latest portfolio exit was Neles on July 02, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
7/2/2021 | Corporate Majority - P2P - II | Neles | 1 | ||
Date | 7/2/2021 | |
---|---|---|
Exit | Corporate Majority - P2P - II | |
Companies | Neles | |
Valuation | ||
Acquirer | ||
Sources | 1 |
Metso Acquisitions
15 Acquisitions
Metso acquired 15 companies. Their latest acquisition was Tedd Engineering on October 02, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
10/2/2023 | Acquired | 2 | ||||
7/24/2023 | Acquired | 2 | ||||
6/27/2023 | Acquired | 3 | ||||
8/14/2020 | ||||||
9/17/2019 |
Date | 10/2/2023 | 7/24/2023 | 6/27/2023 | 8/14/2020 | 9/17/2019 |
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Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Acquired | Acquired | ||
Sources | 2 | 2 | 3 |
Metso Partners & Customers
10 Partners and customers
Metso has 10 strategic partners and customers. Metso recently partnered with BHP Billiton on October 10, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
10/9/2023 | Client | Australia | Metso to deliver cone crushers for BHP’s Whaleback iron ore mine Metso has secured a contract from mining giant BHP to deliver three MP800 cone crushers for installation at the Mount Whaleback mine in Western Australia . | 2 | |
6/5/2023 | Client | Saudi Arabia | Metso Corporation is awarded a two-year Life Cycle Services contract for Ma'aden 's gold processing plant in Saudi Arabia | 2 | |
6/5/2023 | Partner | Canada | Torngat Metals Partners with Metso for Pilot Scale Ore Processing `` We are very pleased to expand this partnership with Metso , not only because of its world leading mineral processing expertise and capabilities , but also because of the values we share in our commitment to enabling sustainability and decarbonization in our operations and in our communities , '' noted Dirk Naumann , President and CEO of Torngat Metals Ltd. . | 5 | |
5/9/2023 | Client | ||||
12/19/2022 | Client |
Date | 10/9/2023 | 6/5/2023 | 6/5/2023 | 5/9/2023 | 12/19/2022 |
---|---|---|---|---|---|
Type | Client | Client | Partner | Client | Client |
Business Partner | |||||
Country | Australia | Saudi Arabia | Canada | ||
News Snippet | Metso to deliver cone crushers for BHP’s Whaleback iron ore mine Metso has secured a contract from mining giant BHP to deliver three MP800 cone crushers for installation at the Mount Whaleback mine in Western Australia . | Metso Corporation is awarded a two-year Life Cycle Services contract for Ma'aden 's gold processing plant in Saudi Arabia | Torngat Metals Partners with Metso for Pilot Scale Ore Processing `` We are very pleased to expand this partnership with Metso , not only because of its world leading mineral processing expertise and capabilities , but also because of the values we share in our commitment to enabling sustainability and decarbonization in our operations and in our communities , '' noted Dirk Naumann , President and CEO of Torngat Metals Ltd. . | ||
Sources | 2 | 2 | 5 |
Metso Service Providers
1 Service Provider
Metso has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Acquired | Investment Bank | Financial Advisor |
Service Provider | |
---|---|
Associated Rounds | Acquired |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
Metso Team
23 Team Members
Metso has 23 team members, including current President, Pasi Laine.
Name | Work History | Title | Status |
---|---|---|---|
Pasi Laine | President | Current | |
Name | Pasi Laine | ||||
---|---|---|---|---|---|
Work History | |||||
Title | President | ||||
Status | Current |
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