Metso Outotec is a Finnish company that operates in the mining machinery and equipment sector. The company was formed in July 2020 through the merger of two leading companies in the industry, Metso Minerals and Outotec. With a history dating back to 1868, Metso Outotec has established itself as a global leader in the mining industry, providing innovative solutions to its customers.

The mining industry is facing a significant challenge in terms of decarbonisation. The industry is responsible for a significant amount of greenhouse gas emissions, and there is a growing demand for companies to reduce their carbon footprint. Metso Outotec is committed to decarbonisation and is actively working to reduce its impact on the environment.

One of the ways that Metso Outotec is addressing decarbonisation is through its corporate energy strategy. The company has set ambitious targets to reduce its energy consumption and increase the use of renewable energy sources. This includes investing in energy-efficient equipment and processes, as well as exploring new technologies such as hydrogen fuel cells.

Another key aspect of Metso Outotec's energy strategy is corporate power purchase agreements (PPAs). PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for electricity over a specified period. By entering into PPAs, companies like Metso Outotec can secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

Metso Outotec has already signed several corporate PPAs, including a 10-year agreement with a wind farm in Sweden. The PPA will provide Metso Outotec with 25% of its electricity needs in Sweden, and is expected to reduce the company's carbon footprint by around 5,000 tonnes per year.

In addition to its energy strategy, Metso Outotec is also developing innovative solutions to help its customers reduce their carbon footprint. For example, the company has developed a new technology called the HIGmill, which uses a more energy-efficient grinding process to reduce the energy consumption of mining operations. The HIGmill has been shown to reduce energy consumption by up to 50% compared to traditional grinding technologies.

Metso Outotec is also exploring the use of renewable energy sources in the mining industry. The company is working on a project in Chile to develop a solar-powered solution for the mining industry. The project involves the installation of a solar power plant at a mine site, which will provide renewable energy to the mine and the surrounding community.

Overall, Metso Outotec is a company that is committed to decarbonisation and the use of renewable energy sources. The company's energy strategy and corporate PPAs demonstrate its commitment to reducing its impact on the environment, while its innovative solutions are helping its customers to do the same. As the mining industry continues to face the challenge of decarbonisation, companies like Metso Outotec will play a vital role in driving the transition to a more sustainable future.