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29 Oct
11:05

Outotec expects continued weak investments into iron ore processing capacity

Outotec expects investments into iron ore processing capacity to remain at a low level going forward after a weak third quarter, Kallanish learns from the Finnish technology supplier. The firm’s mineral processing segment, which includes iron ore beneficiation and pelletising plants, as well as direct reduced iron plants, reported a -22% on-year decline in order intake in Q3 to €148.1 million ($162.5m). Nine-month-through-September intake was down -18…
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