Excerpt from Metso’s Q3 Interim Report published Oct.27 Partnerships. During the quarter, Metso announced that Aurubis AG has invested in full-scale hydrogen-ready anode furnaces in Germany, which are first of its kind in the copper industry and are based on Metso's design input. The furnaces will be installed in Germany and the order was booked in the Metals segment's first-half 2023 orders received.
During the quarter, Rio Tinto signed a detailed design and engineering contract for their Biolron™M
• process plant. In
addition, Metso entered a strategic memorandum of understanding with a Canadian mineral development company, Avalon Advanced Materials, to establish terms to develop a lithium hydroxide production facility that will process lithium mineral concentrates that are essential for the North American electric vehicle value chain development.