Metso signed €13.9mln-worth Life Cycle Services contracts

Image courtesy of Metso

Image courtesy of Metso

Metso signed three new long-term maintenance contracts with major mining companies in the Pacific Rim region. Through these new Life Cycle Services contracts, Metso will provide improvements in the availability of equipment to meet production targets and reduce maintenance costs in mining operations. Equivalent to EUR 13.9 million, the new contracts have been booked to Metso’s Q1 2017 orders received, even if the precise dates and the parties’ names have not been disclosed by the company.
Metso’s Life Cycle Services include the entire range of Metso services bundled into tailored, manageable packages. These service packages can span multiple years and are measured against strict key performance indicators. As a forerunner in its field, Metso has several hundred LCS contracts with key players in minerals processing globally.