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Wood Mackenzie Appoints Xizhou Zhou as EVP and Head of Power and Renewables Business
June 7, 2024
Wood Mackenzie has appointed Xizhou Zhou as EVP and head of Power and Renewables. “Xizhou is a recognized leader in our industry and brings a wealth of experience and expertise to Wood Mackenzie. His leadership acumen, combined with his strategic
Toshiba Unveils Its SCiB™ Rechargeable Battery Technology for Mining Equipment
June 6, 2024
As the demand for minerals surges globally, concerns about decarbonization in the mining sector intensify. Toshiba addresses this challenge by introducing its proprietary SCiB™ rechargeable battery technology to mining equipment. It aims to promote optimal electrification and decarbonization while ensuring
Rio Tinto to Develop BioIron™ R&D Facility in Western Australia to Test Low-carbon Steelmaking
June 6, 2024
Rio Tinto said it will invest $143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIron™, to support decarbonizing the global steel value chain. The
Sandvik and Byrnecut Collaborate for a Diesel-electric Future
June 4, 2024
Leading contract miner Byrnecut will collaborate with Sandvik to develop new diesel-electric mining equipment with the aim to boost sustainability, efficiency and productivity underground. Under an agreement, the companies will work together to develop underground loaders and trucks featuring electric
JENNMAR Acquires Majority Stake in Australian Steel & Wire
June 4, 2024
JENNMAR has acquired a majority stake in Australian Steel & Wire (ASW). A manufacturer of wire mesh and related products, ASW will build on JENNMAR’s existing wire mesh expertise and expands its offering of cost-effective wire mesh and related products
Volvo Adds Two New Hauling Options for Quarrying and Lite Mining Customers
May 31, 2024
Volvo Construction Equipment (Volvo CE) has launced the addition of two new hauling options for quarrying and lite mining customers. As with its bigger 95-ton brother, the R100, both the 55-ton payload R60 and 65-ton payload R70 rigid haulers are
Turkey’s Eti Maden Opts for Liebherr Crawler Dozers at Its Kirka Mine
May 31, 2024
The Turkish mining company Eti Maden drives the global boron industry forward with innovative machinery and advanced technology. At its Kirka mine in western Turkey, the renowned organization uses a Liebherr PR 766 Crawler Dozer specially designed for tough mining
EU, Australia Sign Critical Minerals Pact to Diversify Supply Chains
May 30, 2024
Australia and the European Union have struck an agreement to boost cooperation and investment in critical minerals, part of a drive by Western nations to loosen China’s grip on supply chains of materials essential to high-tech and green manufacturing. Ministers
BHP Walks Away from $49 Billion Pursuit of Rival Anglo American
May 30, 2024
Mining group BHP Group on Wednesday walked away from its $49 billion plan to takeover rival Anglo American, which rejected a last-ditch request for more time, ending for now its six-week pursuit. Anglo had granted BHP a one-week extension until
Arafura Rare Earths Secures $300 Million to Advance Its Nolans Project, Australia
May 30, 2024
Australian mineral exploration company Arafura Rare Earths has secured conditional approval for up to $300 million in debt finance from Export Development Canada (EDC), for its Nolans Project. The 12-year debt facility is a result of a geostrategic partnership between
