Metso expands lifecycle services model

By Hannah Winks

Thursday, 19 March 2026
NewsPumping and Dewatering Solutions

Metso has reported increased demand in its Life Cycle Services (LCS) offering for pumps as mining operators shift towards long-term service-based equipment models. 

Following the model’s introduction in 2025, the company has secured several small- and mid-sized multiyear contracts across Europe, Asia Pacific and the Americas.  

Metso expands lifecycle services model
(Image source: Metso) Service-based equipment models are gaining traction as miners seek more predictable operating costs across the life of an asset.

In February, Metso also signed two five-year agreements covering the servicing of more than 100 slurry pumps for mining customers.  

The aggregate value of the combined orders has not been?disclosed. 

LCS for pumps is Metso’s performance-based service model designed to improve equipment availability, extend component wear life and reduce total cost of ownership through long-term service agreements. 

Metso pump services vice president Roshan Kadanthode says the model reflects a broader shift in the mining sector away from transactional equipment purchases and towards lifecycle-focused service partnerships.   

“Our customers want a partner who supports them throughout?the full lifecycle of their pumps,” he said.  

“With LCS, we bring a?performance-based approach aligned with their operational and financial?targets, helping customers reduce downtime, improve efficiency, enhance safety, and secure reliable pumping performance?year-round.”? 

The company reports that the service model has measurable operational improvements include a 5-10% increase in pump availability and 15-25% extension in component wear life. Standardised maintenance practices and improved planning have also been associated with a 20-30% reduction in unplanned pump-related downtime.  

Furthermore, improvements in energy and water efficiency were reported between 5-10%, alongside enhanced safety outcomes linked to a reduction in maintenance interventions and standardised servicing procedures.  

Metso says its global service network — covering equipment delivery, repair, testing and recycling — underpins the rollout of the lifecycle service model across key mining regions. 

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