Mining, aggregates, recycling and other process industries make today’s modern lifestyle possible. However, growth in consumption combined with forces like urbanization and climate change pose challenges to societies, which requires intelligent and sustainable decisions.
Our role in responding to the megatrends
We have identified certain global megatrends that drive the needs of our customers and their customers alike eventually supporting Metso’s businesses. Metso’s technology and expertise can help our customers find the right solutions to these challenges.
Growth of the middle class
Growth of the middle class and rising living standards are also increasing the importance of our customer industries globally. Higher copper, lithium and cobalt demand is driven by technology advances and the increasing need for electronics and electric cars. We work closely with our customers to respond to their varying minerals processing needs.
Climate change and depletion of natural resources
Scarcity of natural resources leads to the processing of harder ores and overall larger processing volumes, thereby increasing the demand for wear and spare parts, and more productive new equipment solutions. Policies to combat climate change are shifting demand towards solutions that are based on more energy-efficient technologies. With Metso’s advanced technologies, customers who typically manage very energy- and water-intensive processes are able to achieve significant savings in energy and water consumption andin operational efficiency. These process-related benefits have vast potential globally also in the future.
An increasing share of the world’s population lives in cities instead of rural areas, and these hubs continue to attract more people. Urbanization continues to drive infrastructure spending and global demand for minerals. Construction in urban environments calls for stricter requirements for reducing the impacts on people and the environment. Metso has the expertise to tackle the growing need to operate safely in densely populated environments like city centers, significantly reducing noise and dust levels during the operation of processing equipment. Lokotrack® Urban™ is an example of Metso’s innovative solutions that don’t compromise people’s welfare or operational efficiency.
Digitalization is changing the way industries operate and creating new opportunities especially related to performance improvement and better interaction with customers. Metso’s Digital Office works closely with customers and distributors to fully embrace the possibilities of digital solutions for our customers’ businesses. We already have a wide portfolio of technologies to collect, analyze and act on data, including expert systems, flow sheet simulation tools and advanced instrumentation. Further, we are expanding our capabilities to better remotely support customers in their process optimization.
The ‘from waste to value’ concept is an expanding trend, with recycling becoming more and more important for consumers and businesses alike. For our customer industries, there is a growing demand for water efficiency and closed loops. Traditional barriers between primary raw materials and waste are gradually disappearing, as process waste and by-products are being considered as secondary raw materials. We offer equipment solutions for metal and waste recycling and the recycling of aggregates. In addition, Metso’s services business helps customers improve their performance and extend the life span of their existing equipment.