Markku Teräsvasara assumes the duties of Outotec's CEO on October 1, 2016
Mr. Markku Teräsvasara (51), whose appointment as Outotec's President and Chief Executive Officer was announced on June 22, 2016, will assume the position on October 1, 2016.
Markku Teräsvasara will transfer to Outotec from Atlas Copco, where he is leading the Mining and Rock Excavation Service Division in Sweden and previously the Surface Drilling Equipment Division based in China.
"Markku Teräsvasara has long experience in the equipment and service businesses within the mining industry. He has managed his businesses extremely successfully in the cyclical industry. I am confident that he has excellent prerequisites to be successful in his new position. The Board was also impressed by his career which has shown an upward trend in the industry's leading global company Atlas Copco", states Outotec's Chairman of the Board Mr. Matti Alahuhta.
"Outotec is a globally recognized company in minerals and metals processing with a lot of leading technologies and industry experts. I am extremely happy to be able to become part of this team", says Markku Teräsvasara.
OUTOTEC OYJ
The Board of Directors
source: Outotec
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Gold loses some luster after Trump’s decisive win
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Aluminum price to average 6% higher in 2024 on strong demand: Fitch
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
