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Metso divests its ferrous business - Australian Mining

Summary by Australian Mining
Image: MetsoMetso has signed an agreement to sell its ferrous business to SMS Group, a global provider in technology and services in plant construction and mechanical engineering for the metals industry. The assets to be divested include travelling grate pelletizing, the Circored direct reduction process, and the related service business. These have been reported as discontinued operations in Metso’s financial reporting since October 2023. Aroun…
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Australian Mining broke the news in on Monday, June 2, 2025.
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