Metso Inks Orders for Scrap Recycling Equipment

Metso Minerals has received significant orders for metal recycling equipment from Western Europe, Asia and South America during the third quarter of this year. The combined value of these orders is about $27 million. The deliveries are slated to take place the first half of next year.

The delivery to Yamanaka in Tochigi, Japan, will comprise a complete shredder plant, including a 3,000-horse power shredder and the necessary equipment for dedusting, as well as equipment for air classification, magnet separation and conveying of the shredded material. The new plant, which will start operations in the middle of next year, will process up to 90 tons per hour of light to medium-heavy mixed metal scrap including bales into high quality shredder scrap.

Metso Minerals will also supply a plant for shredder residue processing to TTK (Tokyo Tekko KK), Hachinoe Works in Japan. The process will separate inert material, such as glass and sand, metal fraction and organic fraction, mainly plastics. The plant will operate 24 hours a day at a rate of 4 tons per hour. The new plant will start up in May 2004.

In the Netherlands, Metso Minerals has received an order for two scrap shears for Van Dalen scrap yards in Nijmegen and Niewerkerk a/d Ijssel. The hydraulic scrap shears with 360 kW driving power and 800 tons shearing force each, will be processing a wide range of scrap, starting in early 2004. The capacity of each shear is up to 50 tons per hour, depending on the quality of the material.

Metso Minerals' Lindemann unit, based in Dusseldorf, Germany, has specialized in equipment and solutions for metal recycling and the recycling of industrial and household waste. Today, Metso Minerals is the global market leader in metal recycling equipment.

In announcing the orders, Metso noted that the prices for recycled metal have increased from the beginning of last year, which has reflected in the investment willingness of metal recycling industry. The growing market areas for new metal scrap processing plants are in Asia, Eastern Europe and South America, which have a high potential for economic growth and increasing steel consumption and production. Western Europe and North America are focusing primarily on the replacement and modernization of scrap metal recycling equipment.