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29 Mar

Metso Outotec to divest pelletising/DRI business

Metso Outotec has completed the review of its Metals segment and decided to divest the Metals & Chemical Processing and Ferrous & Heat Transfer sub-segments. The latter is responsible for the firm’s iron ore pelletising and direct reduced iron technology. “Several options were considered when evaluating the strategic fit of the Metals businesses in Metso Outotec’s portfolio and the best environment to develop them. The past two years&rsqu…
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