Metso Outotec has completed the divestment of its aluminium business to REEL International
The divestment to REEL was announced on December 28, 2020. The divested business comprises equipment and plant solutions to green anode plants, anode rodshops, and casthouses used in aluminium smelters, as well as the related services.
Metso Outotec continues to serve its customers in certain other parts of the aluminium value chain, such as in alumina refinery and petroleum coke calcination technologies.
Jari Ålgars, president of Metals Business Area, Metso Outotec, said, "I would like to extend my sincerest thanks to the aluminium team for its contribution to Metso Outotec and for the hard work to ensure a smooth transfer of the business. I wish the team great success under its new ownership at REEL.”
Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally.