Metso Outotec, on the back of a host of sanctions imposed on Russia from the European Union, the United States and other countries, has temporarily ceased its deliveries to the country.

The sanctions – a result of Russia’s military actions against Ukraine – have not targeted the mining sector specifically, but those placed against the banking sector and individuals, as well as other restrictions, may have an impact on Metso Outotec and our customers’ Russia related businesses.

Metso Outotec’s customers in Russia operate in several mining and metals processing sites across Russia. Capital projects are typically long with deliveries taking place over the course of several years.

Sales from Russia represented approximately 10% of Metso Outotec’s annual sales in 2021, but the company does not have its own production in Russia, or any material procurement in the country.