Tag Archives: Mikko Keto

Mikko Keto to head up FLSmidth’s mining division

Automation, Bulk handling, Comminution of minerals, Equipment maintenance, IoT, Mineral processing, Mining equipment, Mining maintenance, Mining people, Mining services, Sustainable mining, Water management, , , , , ,

Mikko Keto is set to join FLSmidth as President, Mining Industry, less than two weeks after leaving his post as President of Minerals Services and Pumps at Metso.

Keto, who will embark on his new role from early July 2020, will also become a member of the Group Executive Management team at FLSmidth. The appointment follows current President, Mining Industry, Manfred Schaffer’s decision to retire in 2020.

Keto worked for Metso for 10 years, the last two of which he headed up the Minerals Services and Pumps business area, where he delivered growth in services along with profitability improvement, FLSmidth said. He also served as a member of the company’s Executive Team.

His prior roles for Metso include Senior Vice President, Spare Parts, Senior Vice President of Performance Services business line, President of Automation Services, Vice President of Flow Control Services, and various line management positions. Before joining Metso, he was Head of Sales for the Maintenance business unit at KONE Corp and held senior management and sales positions at Nokia Networks, with assignments in multiple countries.

FLSmidth CEO, Thomas Schulz, said: “Mikko Keto will lead the FLSmidth Mining organisation in capturing profitable business opportunities. He comes with an extensive experience in Service Line Management, Spare Parts and lifecycle offerings. He brings a strong commitment to customer partnerships, and believes strongly in delivering significant enhancements in performance, sustainability and asset optimisation.”

Keto said: “I am excited to join FLSmidth and help drive profitable growth in the mining business and further develop FLSmidth’s portfolio of solutions towards zero emissions. FLSmidth has close to 140 years’ experience, excellent technologies and outstanding competencies in its global workforce.”

On the retirement of Manfred Schaffer, Schulz said: “Since joining FLSmidth in 2014, Manfred Schaffer helped navigate an extended mining industry downturn and led the mining organisation through the transition to a new way of working. In the face of market headwinds, Manfred travelled extensively in order to meet with as many customers as possible and support sales opportunities. I am very thankful for Manfred’s strong contribution to our mining business over the last five years.”

Metso switches up pumps and mineral services heads following Keto’s departure

Comminution of minerals, Mineral processing, Mining equipment, Mining people, Water management, , , , , , ,

Metso has made changes to its minerals services and pumps business areas after Mikko Keto, President of the two segments, terminated his employment with the company.

Giuseppe Campanelli has been appointed President of the Minerals Services business area and a member of Metso’s Executive Team from January 2 onwards. Previously he has been a member of the Minerals Services business area management team heading Professional Services, according to Metso.

Kalle Sipilä has been appointed President of the Pumps business area and a member of Metso’s Executive Team, also from January 2. Sipilä was previously in charge of the Pumps business area (from an operational point of view) in addition to his role as head of Finance and Business Control of the Minerals Services business area.

Metso’s President and CEO, Pekka Vauramo, said: “I want to congratulate Giuseppe and Kalle for their appointments and wish them welcome in the Executive Team. At the same time, I want to thank Mikko for successfully driving profitable growth while heading the Minerals Services business area.”

Metso is currently going through the process of merging with Outotec in a transaction that will create a major mineral processing powerhouse.

Metso expands Latin America offering with HighService Service

Equipment maintenance, Mining equipment, Mining mergers and acquisitions, Mining services, , , , , ,

Metso has completed its acquisition of HighService Service, the service division of the Chilean mining engineering, construction and technology company HighService Corp, adding around 1,000 employees to its expanding Latin America operations.

The acquisition was announced in January and was approved by the Chilean competition authority in March.

Mikko Keto, President of Metso’s Minerals Services and Pumps business areas, said: “This acquisition expands our service offering in the Chilean and Pacific Rim mining markets and supports Metso’s growth strategy. It brings us more service experts to support our customers in the region and we are happy to welcome our new colleagues to Metso.”

Just a few weeks ago, Metso was awarded a contract to supply crushing and material handling equipment for the first stage of Codelco’s El Teniente copper mine expansion project in central Chile.

HighService Service offers its customers a variety of services from maintenance to commissioning and remote monitoring. Its circa-1,000 employees are in Chile, Argentina and Brazil. Its sales in the fiscal year 2017 were €60 million ($66.2 million).

Metso Minerals division expands with incorporation of Pumps business area

Comminution of minerals, Environmental, Equipment maintenance, Mineral processing, Mining equipment, Mining maintenance, Mining services, Water management, , , , , , , , ,

Metso says it is looking to better support the common customer interface and growth plans of its Pumps business area by moving it into its Minerals division.

Previously, Pumps was reported under the Flow Control segment together with Valves. Metso said it will continue to report externally under the two segments, Minerals and Flow Control, and will run its operations through seven business areas grouped under these two segments.

“The majority of Metso’s Pumps business area’s customers are common to the Minerals segment, and sales already largely operate through the Minerals market area structure,” Metso said. The Pumps business area will now be headed by Mikko Keto, who acts also as President of Metso’s Minerals Services business area, while John Quinlivan will continue as President of the Valves business area.

The change is effective immediately, with Pumps to be reported under the Minerals segment as of January 1.

Metso acquires Kiln Flames Systems to extend pyro processing line

Base metals, Coal technology, Energy minerals, Environmental, Gem stone mining, High tech minerals, Industrial minerals, Metallurgy, Mineral processing, Mining mergers and acquisitions, Precious metals, Steel and iron ore, , , , , , ,

Metso has acquired UK-based combustion solutions and technology provider Kiln Flame Systems (KFS) as it looks to extend its pyro processing portfolio and capabilities.

KFS specialises in rotary kiln and calcining processes, combustion optimisation and burner technologies with patented designs. It provides solutions to a wide range of industries including minerals processing. The company has 14 employees based in High Wycombe, in the UK.

The acquisition of KFS will complement Metso’s pyro processing group, which designs, engineers, manufactures, and markets systems and equipment that increase the values of ores, minerals, wastes, and related materials by changing their mechanical and/or chemical properties through the application of heat. It has a complete line of equipment that can be custom designed for special applications, according to the company.

Mikko Keto, President of the Minerals Services business area at Metso, said: “The acquisition supports Metso’s growth strategy by strengthening our capabilities to provide pyro solutions to our customers.”

Cliff Rennie, Director and CEO of KFS, said joining forces with Metso would give the company the opportunity to offer the company’s technology to a wider customer base.

“KFS has worked hard to establish our position and reputation as a market leader in custom-designed combustion solutions, and we are delighted to build our future and continue serving existing and new customers with Metso.”

KFS is a world-leader in rotary kiln and calciner combustion and process optimisation, according to Metso. Founded in 1999, KFS’ distinctiveness is based on its mastery of computational fluid dynamics for burner design and system analysis backed up by an extensive history of physical modelling.