Metso — Reference Context
2025 Revenue
€5,240M
+4% YoY · Minerals + Aggregates
Target: 7% CAGR to 2028
Aftermarket / Equipment Split
54% / 46%
Aftermarket target: >50% ✓
Next target: grow further
Adjusted EBITA Margin
16.1%
Group · Target: >18% group / 20% Minerals
Gap SymX helps close
Minerals / Aggregates Split
75% / 25%
Minerals ~€3,930M · Agg ~€1,310M
Mobile fleet gap is in Minerals
SymX in action
Metso Partnership Proposal · April 2026 · Confidential

The intelligence
that makes Metso's
fleet data-driven

Metso has built the minerals processing industry's most complete portfolio — from ore tracking to hydrometallurgy. One segment of the value chain remains outside it. The mobile fleet carrying ore from face to plant — 40–60% of mine operating cost — carries no Metso intelligence today, above ground or below. SymX.AI is the only platform that closes that gap: WiFi mesh connectivity, patented AI, and fleet intelligence across every OEM, every mine size, every environment.

Full-stack IoT, connectivity
and fleet AI for mining
18 YRS · 5 CONTINENTS · DEPLOYED
Agnico Eagle · Vale · Glencore
Epiroc · Yokohama Mining
SymX Field Results — What the Deployments Deliver
Doe Run · USA · 2025–26
Six-month underground deployment · $750K investment · Three independently tracked metrics
$5.9M
Net benefit / site / year
[2] Doe Run operational report
46 days
Payback on $750K deploy
[2]
−23%
Cycle time reduction
(Doe Run, USA) [3]
50%
Unscheduled downtime
reduction [4]
9%
Fuel & CO₂ savings
avg across deployments [4]
The Full Value Chain

From Ore Face to Refined Metal — Who Owns What

Highlighted nodes show where SymX adds the intelligence layer Metso's current portfolio does not cover. Hover each node to explore.

Metso owns this
SymX fills the gap
SymX bridges to Metso
💥
Drill, Blast & Ore Source
METSO PARTIAL
SmartTag™ RFID tracks ore at blast holes and ROM pads — at ~20–30 permanent sites globally. Ore grade and fragmentation intelligence is largely absent once the truck picks up the load.
🚛
Load & Haul — Mobile Fleet
SYMX FILLS THIS
The largest cost node in mining. Metso has the truck body. SymX provides fleet AI, predictive maintenance, real-time dispatch, tire management, ore tracking in transit, and underground connectivity. Currently no Metso digital play here.
🧱
Crushing & Screening
METSO CORE
Nordberg crushers, Lokotrack mobile units, vibrating screens. SmartTag™ tracks ore at crusher feed. MRA Automation (Feb 2026) covers stockyard and bulk handling. Fully owned.
⚙️
Grinding
METSO + SYMX BRIDGE
Metso grinding mills and Swiss Tower Mills (2025). Metso Metrics monitors fixed rotating equipment. SymX Series A rotating equipment module bridges mobile fleet AI into this layer — creating one unified intelligence stack from truck to plant.
🫧
Flotation & Separation
METSO CORE
Flotation cells, separators, thickeners. Dynamox (renewed Jan 2025) monitors plant condition. Performance Centers provide remote process optimisation. Fully owned.
🔬
Hydrometallurgy & Refining
METSO CORE
Outotec heritage. Full metals refining flowsheet — leaching, SX-EW, electrowinning. Battery metals stated double-digit CAGR growth focus. No gaps in Metso's portfolio here.
Platform Products

The SymX platform — deployed and validated

Each module addresses a specific gap in Metso's current mobile fleet capability. All are in production across enterprise deployments.

🔮
X.Machines
Predictive maintenance

Monitors engine health, hydraulics, powertrain, and fault codes across the active fleet 24/7. Delivers 48–72 hour advance failure warnings — before the truck stops. Validated 50% reduction in unscheduled downtime and 14% maintenance cost savings.

Metso gap it closes: Dynamox monitors fixed plant motors. Nothing monitors the mobile fleet.

X.Machines product page ↗
🧠
X.Fleet
Dispatch AI

Real-time cycle optimisation — identifies and eliminates queuing, idle time, and procedural bottlenecks as they form. Proven 23% cycle time reduction at Doe Run underground mine. Monthly production increased 22.9% across three independent measurement streams.

Metso gap it closes: Dispatch intelligence on the trucks Metso physically supplies.

SymX product overview ↗
📶
X.Connect
Underground connectivity

Full-spectrum connectivity and proprietary high-definition mobile equipment data streaming platform. Deploys WiFi mesh across surface and underground environments — no GPS dependency, no pre-existing infrastructure required. Every equipped machine becomes a mesh node in a self-healing network.

Also covers satellite, LTE, Bluetooth, and store-and-forward edge compute for remote surface mines. OEM-agnostic data ingestion delivers structured, high-resolution telemetry streams regardless of manufacturer — on any terrain, in any environment.

Metso gap it closes: Metso has no connectivity or data streaming platform for the mobile fleet today, surface or underground.

X.Connect product page ↗
🔴
X.Tires
Tire intelligence

Proprietary pressure, temperature, and wear sensors embedded per wheel position — co-developed with Yokohama Mining and commercially deployed at enterprise scale. Predictive replacement and rotation AI extends tire life and eliminates unplanned blowout-related downtime.

Metso gap it closes: Sits inside the Metso truck body. Zero additional hardware footprint on existing deployments.

X.Tires product page ↗
⚙️
X.Parts
Predictive parts AI — patented

Patented AI applied to maintenance logs, parts history, and procurement data. One of the most comprehensive predictive maintenance and parts management platforms in the industry — and industry-agnostic by design: X.Parts runs on mobile equipment and fixed equipment interchangeably, without any architectural change, right now.

Identifies assets prone to failure, optimises parts inventory, and auto-triggers procurement before downtime occurs. The core AI model is protected by patents that represent a genuine structural competitive advantage.

Metso gap it closes: Bridges mobile fleet intelligence directly to Metso's fixed plant equipment — including Metso Metrics — via a single platform already validated on both equipment types.

X.Parts product page ↗
🏭
Rotating Equipment
Series A — coming

In development as part of the current Series A use of funds: sensors and AI for motors, fans, pumps, conveyors, and crushers. Creates a direct integration pathway to Metso Metrics — one unified intelligence stack from underground haul truck to process plant equipment.

Strategic significance: Bridges mobile fleet AI to fixed plant. Metso's end-to-end promise becomes physically deliverable.

About SymX.AI ↗
Competitive Position

Metso + SymX — the only complete stack

Sandvik's digital revenue reached SEK 5.1B in 2025, targeting SEK 13B by 2030. Weir spent USD 1.1B on Motion Metrics and Micromine. Neither covers what SymX covers. The last column is what Metso gains.

Capability Metso today Sandvik Weir / Motion Metrics ✦ Metso + SymX.AI
Process plant intelligenceFull stackNone~Mine planning onlyFull stack retained
Haul truck body (physical)100+ deployedNoneNoneBody + intelligence
Mobile fleet telemetry — all OEMsNone~Sandvik only~Shovel/payload onlyAll OEMs, 24/7 real-time
Predictive maintenance (mobile)None~Partial, own fleetNone48–72hr advance, all OEMs
WiFi mesh connectivity (all environments)None~Own systems onlyNon-functional underground1 km HaLow, no infrastructure
Predictive parts AI (mobile + fixed)None~LimitedNoneX.Parts (patented)
Ore tracking — mobile transit~Plant boundary onlyNoneNoneLoad point → crusher
Tire intelligenceNoneNoneNoneSensors + AI (Yokohama)
Small / mid / underground minesDigital skews largeLarge onlyLarge copper onlyAll sizes, 70%+ of mines
Mobile → fixed plant bridgeDisconnectedNoneNoneUnified via SymX Series A
Fleet dispatch AINone~AutoMine (Sandvik)NoneX.Fleet: cross-OEM
Portfolio gaps 7 of 10 5 of 10 6 of 10 1 of 10 — and it doesn't matter
Revenue Expansion

Incremental ARR on Metso's existing base

All figures attach to Metso's existing truck body customers, SmartTag installations, and Minerals services relationships. No new customer acquisition assumed.

€41–68M
Year 1–2 ARR
Truck body attach rate 40–60%. Intelligence layer on existing hardware. No new sales motion required.
15–20%
MARC contract premium
AI-monitored fleets command higher outcome-based contract values against the $118B global aftermarket base.
$1.8B
Underground market
Fastest growing mining segment. Currently zero Metso digital revenue. HaLow connectivity opens it entirely.
€282–448M
Year 5 full run
Conservative. ~7% of 2025 revenue base. At 20% Minerals EBITA: +€56–90M incremental EBITA contribution.
Insights

From the field — SymX case studies and thinking

Deployments across mining, connectivity, and fleet AI — drawn from SymX's published case studies and articles.

⛏️
Case Study · Mining
Underground Production: 23% Throughput Increase in Five Months
A US underground lead-zinc operation deployed X.Fleet and X.Machines across its active fleet. Three independent metrics — monthly tonnage, hauling trips, and cycle time — converged on the same improvement figure within rounding error. $5.9M net annual benefit. 46-day payback.
Read case studies ↗
📶
Technology · Connectivity
X.Connect: WiFi Mesh and High-Definition Equipment Data Streaming Across Any Environment
SymX's X.Connect platform deploys a self-healing WiFi mesh across surface and underground operations — no GPS, no pre-existing network infrastructure required. Every equipped machine becomes a mesh node. Also covers satellite, LTE, and edge compute for remote surface sites. OEM-agnostic, high-resolution telemetry on any terrain.
Explore X.Connect ↗
Platform · Launch
X.Platform: The Unified AI Operating System for Mining Operations
SymX's unified X.Platform integrates fleet telemetry, predictive maintenance, dispatch AI, tire intelligence, and connectivity into a single operating layer. Purpose-built for mixed-OEM environments and deployable in two weeks without replacing existing equipment.
Read on LinkedIn ↗
🔴
Product · Yokohama Partnership
AI Tire Monitoring: Co-Developed with Yokohama Mining at Enterprise Scale
Real-time tire pressure, temperature, and lifecycle analytics embedded in the wheel position. Developed in partnership with Yokohama Mining and deployed across enterprise fleets. Sits inside the truck body — attaches to Metso's physical asset at zero additional hardware cost.
X.Tires product page ↗
⚙️
Product · Patented AI
X.Parts: Patented Predictive Maintenance and Parts Intelligence — Mobile and Fixed
X.Parts applies patented AI to maintenance logs, parts history, and procurement data across both mobile equipment and fixed plant — interchangeably, without architectural changes. It identifies assets prone to failure, optimises parts inventory, and auto-triggers procurement. Industry-agnostic: already deployed in mining, construction, and heavy industry.
X.Parts product page ↗
🔮
Product · Predictive AI
X.Machines: The Operating System of Industrial Intelligence
Continuous monitoring of engine systems, fault codes, and mechanical signals across the entire active fleet. Failure warnings delivered 48–72 hours before breakdown. Applied to every truck body Metso deploys, this transforms a hardware relationship into a long-term outcome-based service contract.
X.Machines product page ↗
Partnership Proposal

Start with a pilot. Let the results define what follows.

Two or three sites in Metso's truck body installed base. Defined KPIs. Auditable results. The same model SymX used to build its partnerships with Epiroc and Yokohama Mining. The data will make the commercial case for what comes next.

Ash Agarwal
Chief Executive Officer · SymX.AI
Get in touch ↗