Metso–Miilux Häggblom divestment: lifecycle cost notes for mine fleets
Reviewed by Tom Sullivan
First reported on International Mining – News
30 Second Briefing
Metso has agreed to divest its Häggblom-branded loading and hauling business in Finland and Sweden to Miilux Oy, a Finnish manufacturer of wear-resistant steels and personal protection solutions using its own proprietary brands and alloys. The deal, which follows a strategic review launched in August 2025, shifts Häggblom’s truck body and bucket operations to an owner focused on abrasion-resistant plate and liner systems. For mine operators, the move signals closer integration between mobile equipment attachments and high-hardness wear materials, potentially affecting lifecycle cost and maintenance strategies for truck fleets and loaders.
Technical Brief
- Agreement covers Häggblom legal entities operating in both Finland and Sweden.
- Transaction follows Metso’s formal strategic assessment process initiated in August 2025.
Our Take
In our database, Metso’s concurrent moves to open a bulk material handling hub in Pittsburgh and to supply pellet and comminution plants signal a pivot towards higher-margin process and systems work rather than owning peripheral loading/hauling product lines.
For Nordic suppliers in Finland and Sweden, divesting non-core businesses to specialist firms like Miilux Oy typically frees engineering capacity for digitalised, high-throughput solutions such as Metso’s new Grande Series screens, which are prominent in recent coverage.
Within the 260 Mining stories tracked, Metso appears frequently on greenfield and brownfield plant packages, so shedding a discrete loading and hauling unit is likely to simplify bid structures and aftermarket support for large projects where Metso already supplies crushing, screening and pelletising flowsheets.
Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.
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