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01.04.2021 (394 Clicks)

China’s Largest Robbins Crossover TBM launches on Intercity Railway

Machine will encounter Rivers, Weathered Ground and More in Guangzhou Bore

01.04.2021 (606 Clicks)

Stephan von der Heyde appointed to the Management Board of Ed. Züblin AG

• New Züblin board member for Germany, Benelux and Scandinavia
• Stephan von der Heyde to succeed Ulrich Weinmann

31.03.2021 (374 Clicks)

Epiroc to acquire the Mining Electrification Solutions Provider Meglab

Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has agreed to acquire Meglab, a Canadian company with expertise in providing electrification infrastructure solutions to mines. The solutions support mining customers in their transition to battery-electric vehicles.

Meglab, based in Val-D’Or, Quebec, Canada, is a technology integrator that designs, manufactures, installs and supports practical and cost-effective electrification and telecommunications infrastructure solutions to customers in several countries. Its products and solutions include system design, substations, switchgears and automation system solutions, enabling the infrastructure needed for mine electrification and equipment charging solutions, as well as for digitalization and automation of operations. Meglab has more than 240 employees and had revenues in 2020 of about MCAD 49 (MSEK 335).

“Epiroc is proud to be the leader in providing battery-electric vehicles for the mining industry, improving customers’ work environment and lowering their emissions while increasing their productivity,” says Helena Hedblom, Epiroc’s President and CEO. “The acquisition of Meglab will strengthen our capacity to provide the infrastructure required as mines transition to battery-electric vehicles.”

The acquisition is expected to be completed in Q2 2021. The purchase price is not material relative to Epiroc’s market capitalization and is not disclosed. The business will become part of Epiroc’s Parts & Services division and will continue to be based in Canada.

Epiroc is a vital part of a sustainable society and a global productivity partner for mining and infrastructure customers. With ground-breaking technology, Epiroc develops and provides innovative and safe equipment, such as drill rigs, rock excavation and construction equipment and tools for surface and underground applications. The company also offers world-class service and other aftermarket support as well as solutions for automation, digitalization and electrification. Epiroc is based in Stockholm, Sweden, had revenues of SEK 36 billion in 2020, and has 14 000 passionate employees supporting and collaborating with customers in about 150 countries.

                     

31.03.2021 (308 Clicks)

Anglo American Collaboration on Feasibility Study for South Africa’s Hydrogen Valley

Anglo American announces a collaboration agreement to complete a feasibility study to develop a “hydrogen valley” anchored in the platinum group metals-rich Bushveld geological area in South Africa. Spearheaded by South Africa’s Department of Science and Innovation (DSI), the collaboration agreement also includes energy and services company ENGIE, the South African National Development Institute (SANEDI) and clean energy solutions provider Bambili Energy (Bambili).

31.03.2021 (435 Clicks)

LKAB’s Exploration Results confirm Potential for Production of phosphorus Mineral Fertiliser and Rare Earth Elements

After having dramatically ramped up exploration activities, LKAB can now present the positive result: significant phosphorus mineral resources. “With a circular business model, we have the potential to supply European farmers with fossil-free and cadmium-free phosphorus mineral fertiliser, and the cleantech industry with rare earth elements” says Leif Boström, Senior Vice President Business Area Special Products, LKAB.

31.03.2021 (391 Clicks)

Extraordinary General Meeting of BAUER AG approves Capital Increase

The Extraordinary General Meeting of BAUER Aktiengesellschaft today voted with the required majority to approve the agenda items up for resolution, thereby supporting the proposals by the management.

30.03.2021 (705 Clicks)

Skanska promotes Joe Lindemann to Vice President of Operations in North Texas

Skanska USA has announced that Joe Lindemann, an industry veteran with 38 years of experience in commercial construction, has been promoted to vice president of operations in North Texas.

30.03.2021 (445 Clicks)

Queensland Resources Sector powers on

A quarterly report into the performance of Queensland’s resources sector due for release mid-April will show Queenslanders can continue to rely on resources to help the state recover from Covid-19.

29.03.2021 (376 Clicks)

Asite achieves BSI Kitemark for BIM Software

In a landmark achievement for the pioneering software company, the Asite CDE is one of the world’s first to achieve certification to the new BSI Kitemark for BIM software

29.03.2021 (388 Clicks)

Metso Outotec delivers Technology to Copper Electro Refinery in China

Metso Outotec has won an order from a Chinese copper producer to deliver tankhouse material handling equipment for the expansion of a copper electro refinery in China. The order value, which has been booked in Metals Q1/2021 orders received, is not disclosed.