Metso to acquire iron ore pelletizing technology and know-how from Jacobs
(Thomson Reuters ONE) -
Metso Corporation's press release on August 7, 2012 at 2:45 p.m. local time
Metso's Mining and Construction segment is purchasing technology and know-how
from Jacobs Engineering Group, Inc. (Jacobs) for their Straight Grate Iron Ore
Pelletizing technology. In addition, key Jacobs technical staff related to the
technology will become Metso employees as part of the deal. The purchase price
will not be disclosed.
Iron ore pelletizing is used to produce pellets from concentrated iron ore for
feed to blast furnace and direct reduced iron plants. Metso anticipates
continued growth in this market as more beneficiation and pelletizing plants are
needed to maximize the output from lower grade ore bodies
Metso currently offers the Grate Kiln Iron Ore Pelletizing system. With the
purchase of the Straight Grate Technology from Jacobs, Metso will become the
only supplier in the world of both systems. Metso will be investing in the on-
going technical development of both technologies.
Metso and Jacobs have worked collaboratively in the past with Metso supplying
equipment for Jacobs Straight Grate Systems. The companies anticipate that there
will be the opportunity for cooperation in the future in other areas.
Jacobs is one of the world's largest and most diverse providers of technical,
professional, and construction services.
Metso is a global supplier of technology and services to customers in the
process industries, including mining, construction, pulp and paper, power, and
oil and gas. Our 30,000 professionals based in over 50 countries deliver
sustainability and profitability to customers worldwide. Expect results.
Metso's mining and construction professionals specialize in always bringing the
right technology, processes, machinery and services to our customers in the
aggregates production, construction, mining and minerals processing.
www.metso.com, www.twitter.com/metsogroup
For further information, please contact:
Donald Gaughenbaugh, President, Minerals Processing Systerms, Metso's Mining and
Construction segment, tel. +1 570 271 7721, donald.gaughenbaugh(at)metso.com
John Trescot, SVP, Minerals Processing Systems, Metso's Mining and Construction
segment, tel. +1 717 793 1073, john.trescot(at)metso.com
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Metso Corporation via Thomson Reuters ONE
[HUG#1632320]
Unternehmensinformation / Kurzprofil:
Datum: 07.08.2012 - 13:46 Uhr
Sprache: Deutsch
News-ID 172268
Anzahl Zeichen: 3084
contact information:
Town:
Helsinki
Kategorie:
Business News
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"Metso to acquire iron ore pelletizing technology and know-how from Jacobs"
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