Metso signs landmark deal with the world's largest copper

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Metso signs landmark deal with the world's largest copper miner Codelco in Chile

HELSINKI, Finland, Aug. 15, 2016 (GLOBE NEWSWIRE) -- Metso has won a significant deal to support the conversion of the largest open-pit copper mine in the world to a large-scale underground mining operation. The Chuquicamata mine, located 1,650 kilometers north of Santiago, Chile, is owned and operated by Chile's National Copper Corporation, Codelco.

Metso's scope in the contract includes the engineering, supply of equipment and materials, and site assistance for 12 underground crusher stations combined with a conveyor package. The delivery contains 11 new units of Metso's largest C200 jaw crushers, 24 push feeders and 20 conveyors. Overall, the contract constitutes one of the most sizeable crusher orders ever for Metso's mining business.

The project is scheduled to continue until 2020 and the order was booked in Metso's second-quarter 2016 orders received.

Total cost of ownership and energy efficiency in focus

Metso offered an integrated solution that carried through from engineering, crusher stations, and material handling to electrification, automation, and site assistance. In addition, the energy savings from the company's Energy Saving Idler (ESI) conveyor technology gave the Metso offering a competitive edge.

Codelco's decision to work with Metso was also backed by Metso's proven installed base of equipment, engineering and project management capability already present in other similar applications in the region, demonstrating Metso's ability to deliver on time and on budget with production guaranteed. The Metso team was able to offer Codelco the best deal in terms of total cost of ownership and energy efficiency of material and handling.

"We are very proud of this order. It clearly demonstrates that we at Metso are more committed than ever to promoting excellence in our operations to help our customers create profitable and sustainable solutions. It is in this spirit that we fought and won this sizable and strategic deal with Codelco," says João Ney Colagrossi, President, Minerals Capital business area, Metso.

About Codelco

Codelco is a Chilean state-owned copper giant operating seven large mining divisions that control 8% of the proven copper reserves in the world. The 2015 annual output of 1.89 millions of tons is 10% of the global copper production and makes the company the number one miner for the red metal. Codelco employs over 18,000 persons and has a huge importance for the national economy in Chile. To ensure the production for the coming decades, Codelco is developing a large portfolio of mine investments, spearheaded by the on-going 4-billion-dollar investment to the Chuquicamata underground mine.

Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.

Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,400 services professionals. Metso has an uncompromising attitude towards safety.

Metso is listed on the NASDAQ OMX Helsinki, Finland, and had net sales of about EUR 2.9 billion in 2015. Metso employs over 12,000 persons in more than 50 countries. Expect results. www.metso.com , www.twitter.com/metsogroup  

For further information, please contact:

Einari Ojala, Sales Support Manager, Chile, Metso, Tel.+56-9-7389 1952, Email: einari.ojala@metso.com

Helena Marjaranta, Vice President, Global Communications, Metso Corporation, Tel. +358 20 484 3212, Email: helena.marjaranta@metso.com

HUG#2035201

Scroll down for more posts ▼

Top 10 Most Recent News Articles

STARTRADER Strengthens NBA Partnership, Eyes Broader Reach

Updated Category News Views 16

Taking the Court for Season Two STATRADER is stepping into its second season with the NBA like a player determined to secure a playoff spot. With the 2026-27 NBA season underway since October 20th, STARTRADER isn't just sitting courtside. Instead, it's bolstering its presence across a variety of platforms, from in-arena displays to broadcast placements and beyond. You...

Continue Reading
Miracle League Marks Two Decades with Big Fundraising Win

Updated Category News Views 66

A Double Decade Celebration of Dream and Dedication The Miracle League of the Triangle sure knows how to throw a party—for them, it's not just a gala; it's a testament to two decades of turning dreams into reality. On October 13th, over 300 guests gathered at the Angus Barn Pavilion in Cary, NC, proving that passion for inclusive baseball is just as alive as it was 20...

Continue Reading
Faith on Trial: La Luz del Mundo Faces Court Ruling

Updated Category News Views 99

A Legal Battle Over Religious Freedom When folks start talking about religion intertwining with law, things get real tricky, real quick. The La Luz del Mundo church is knee-deep in such a legal tussle. On October 28, 2026, the United States District Court for the Southern District of New York gave a nod to the prosecution, denying the church's pretrial motions. What we've...

Continue Reading
Review Insurance Coverage After Major Life Changes

Updated Category News Views 96

Why Life Changes Demand an Insurance Review The nitty-gritty of life doesn't sit still—marriages, babies, job changes, and home deals or steals each bring their own clutter to the table. One thing's for sure: when your life shifts, your insurance ought to keep pace. Insurance Agent Nick Hogan drops the dime in the latest HelloNation article, laying it bare why...

Continue Reading
York Space Systems Faces Turbulence Amid Investor Lawsuit

Updated Category News Views 46

York's Shaky Strategy Under the Microscope How do you go from sky-high ambitions to a grinding halt in a matter of weeks? This ain’t your typical Wall Street plot twist—it involves York Space Systems, or NYSE:YSS. These guys promised dominance in the Space Development Agency’s Transport Layer program, only to have their shooting star come crashing down. And now,...

Continue Reading
AGIBOT's Worken: A New Era in Robot Productivity

Updated Category News Views 8

Measuring Productivity Goes Beyond Manufacturing Robots aren't just assembly-line tools anymore. In Shanghai, AGIBOT dropped a bombshell at their Innovation Day event: the introduction of Worken, a framework that turns the spotlight on robots' real-world task performance over mere numbers on a production line. Breaking Down Worken Worken, a mash-up of 'Work' and 'Token,'...

Continue Reading
Abbe Lane's Estate Auction: Glamour Up for Grabs

Updated Category News Views 72

Glamour from the Mid-Century Comes to the Auction Block In a world obsessed with the flavor of the month, a collection that truly turns heads by sailing in on a wave of genuine mid-century splendor isn't something you stumble upon every day. John Moran Auctioneers has the privilege to crack open the vault on the Estate of Abbe Lane, a name that once rolled off tongues...

Continue Reading
2026 Environmental Leadership Awards Unveiled by SP

Updated Category News Views 32

Celebrating Green Pioneers: SP's Vision in Action Right out of Indianapolis, there's a buzz around the Suppliers Partnership for the Environment's big reveal: the 2026 Environmental Leadership Award recipients. These aren't just plaques to hang on a wall; these awards shout out significant strides in automotive sustainability. Recognized players like Visscher-Caravelle,...

Continue Reading
A&S Construction Creates Winning Culture in Louisville

Updated Category News Views 31

A&S Construction's Winning Formula: Culture Over Growth Look, in the dog-eat-dog world of construction, what really sets you apart isn't just how many roofs you stack up or the number of renovations you churn through. It's how you treat your people. And A&S Construction of Louisville gets that—ranking No. 6 in its category on the 2026 Best Places to Work list, all while...

Continue Reading
MGM China Hits Record Highs Amid Market Challenges

Updated Category News Views 59

Highs Amid Headwinds: MGM China's Standout Quarter Rolling into one's portfolio, MGM China isn't just coasting along—it's smashing some records, despite fierce headwinds. It's not all smooth sailing in Macau's gaming scene, but MGM China has hammered out its third-quarter results with gusto, setting new records for revenue and adjusted EBITDA. These folks aren't just...

Continue Reading

Top 5 Most Recently Viewed Articles

How $100 Invested in Howmet Aerospace Would Gain Value Today

Updated Category News Views 126

Transformative Investment: Howmet Aerospace Over Five Years Howmet Aerospace (NYSE: HWM) has shown remarkable growth over the last five years, consistently outperforming the market. With an impressive 23.87% increase on an annualized basis, investors have seen substantial gains, resulting in an average annual return of 38.01%. The current market capitalization for Howmet...

Continue Reading
Insights on Douglas Dynamics' Upcoming Earnings Report

Updated Category News Views 137

Understanding Douglas Dynamics' Earnings Preview Douglas Dynamics Inc (NYSE: PLOW) is poised to unveil its latest quarterly earnings report soon. This is a pivotal moment for investors and stakeholders alike, as they eagerly await insights into the company’s financial health and operational direction. Analyst Expectations In the lead-up to the announcement, analysts...

Continue Reading
The Future of the Enteral Syringe Market: Growth and Innovation

Updated Category News Views 291

Growth Potential of the Global Enteral Syringe Market The global enteral syringe market is set to experience substantial growth over the upcoming years. Various factors, such as rising chronic health conditions and valuable advancements in technology, particularly artificial intelligence (AI), significantly influence this trend. Analysts estimate that the market will...

Continue Reading
Acclaimed Educator Marilyn Pryle Acknowledged Among Finalists

Updated Category News Views 215

Celebrating Marilyn Pryle’s Recognition in Education Marilyn Pryle has been celebrated recently for her outstanding contribution to education, being selected as one of the top 50 finalists for a prestigious global award. This honor underscores the immense value and dedication that educators bring to their communities through their teaching efforts. The Impact of the...

Continue Reading
Dive into the Thrills of Kansas City's Haunted Attractions

Updated Category News Views 412

Kansas City's Historic Haunts Begin Their Thrilling Season The renowned haunted attractions in Kansas City's Historic West Bottoms District are set to amaze haunt enthusiasts once again. This year marks the 51st season of these beloved fright fests, opening their gates to thrill-seekers eager for spine-chilling experiences. The attractions—Beast, Edge of Hell, and...

Continue Reading