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01.07.2021 (519 Clicks)

New CEO at Doka

The international formwork and scaffolding company Doka welcomes a new CEO: On 1 July, Robert Hauser will take over as chairman of the Executive Board.

01.07.2021 (369 Clicks)

QRC welcomes federal Investment in new steelmaking Coal Project near Moranbah

The Queensland Resources Council (QRC) has welcomed the Northern Australia Infrastructure Facility’s (NAIF) decision to invest in a new metallurgical coal mine near Moranbah in Central Queensland. The Pembroke Resources-owned Olive Downs Steelmaking Coal Complex (Olive Downs) in the Bowen Basin will receive a $175 million NAIF loan to kickstart construction of a ‘21st century mine built to 21st century standards’.

QRC Chief Ian Macfarlane commended the company’s commitment to building and operating a coal mine to the highest environmental standards and to providing local jobs and supply chain opportunities.

“This is an opportunity for a new metallurgical coal mine to be built in Queensland using the best technology available to proactively manage and reduce emissions and deliver a whole new level of excellence in workplace health and safety,” he said. “Olive Downs is exactly the type of project the Queensland economy needs to work and earn its way out of COVID-19, and I congratulate the State Government for giving this project the chance to be assessed and ultimately approved through all the necessary regulatory channels. I also want to acknowledge federal Resources Minister Keith Pitt for believing in this project’s potential right from the start.”

Mr Macfarlane said the timing of the open cut mine project - which will offer up to 700 jobs during construction and more than 1000 in peak production - couldn’t be better.

“Metallurgical coal companies are set to benefit from a surge in world steel production, with Australian export volumes expected to increase by around 10 percent to 2023,” he said.

According to the latest Resources and Energy Quarterly, Australia’s exports of metallurgical coal, which is a necessary ingredient for a majority of the world's steel producers, are forecast to rise from a 2020–21 low of 171 million tonnes to 186 million tonnes by 2022–23. The price for metallurgical coal is also set to increase, with the Chief Economist reporting that prices have regained all the losses incurred due to China’s informal ban on Australian coal imports. Australian metallurgical coal export values are forecast to rebound from $22 billion in 2020–21 to almost $32 billion by 2022–23. Mr Macfarlane said Olive Downs is expected to deliver more than $5 billion in royalty payments to the State Government over the life of the project.

“Royalties paid by resources companies go straight into the state budget to fund important government services and infrastructure for all Queenslanders, so when the resources sector is doing well, so is Queensland.”

Source: QRC

                     

01.07.2021 (375 Clicks)

Concentration on Core Business – Implenia sells Tetrag to Swenex

The sale of Tetrag to Swenex, a total solution provider for energy controlling, marks another step in the realisation of Implenia’s strategy of focusing on core business.

30.06.2021 (444 Clicks)

Metso Outotec and Halmek Lithium to construct the battery-grade Lithium Hydroxide Process using Soda Leaching

Halmek Lithium has selected Metso Outotec’s patented lithium hydroxide process for production of battery-grade lithium hydroxide at their greenfield plant in the Tula region in Russia. The order value, which is not disclosed, has been booked in Metals’ Q2/2021 orders received. Metso Outotec’s scope of delivery consists of the engineering and key equipment supply for the lithium hydroxide process, the basis of which will be the Metso Outotec OKTOP Autoclave Plant. The environmentally sound production process is one of Metso Outotec’s more than 100 Planet Positive products.

29.06.2021 (394 Clicks)

Solid Main Award Digital & BIM for A10/A24

Habau Ges.mbH and Wayss & Freytag Ingenieurbau AG were awarded the main prize in the Digital & BIM category of the Solid BautechPreis Austria 2021 for the A10/A24 availability model project.

29.06.2021 (414 Clicks)

Four Mines Research Projects win Proof of Concept Awards

Contact lenses that can selectively deliver therapeutic drugs, a “spoof proof” smart car key, and carbon-storing concrete are among the recipients of 2021 Proof of Concept Awards from the Mines Office of Research and Technology Transfer.

29.06.2021 (392 Clicks)

Metso Outotec signs global Partnership Agreement with FAM for providing IPCC and Tailings Management Plant Projects

Metso Outotec and FAM GmbH have signed a global non-exclusive cooperation agreement on the delivery of integrated end-to-end solutions for in-pit crush and convey (IPCC) and tailings management plants to the mining industry.

28.06.2021 (509 Clicks)

Zinnwald Lithium plc secures full Ownership of Advanced, High Value Lithium Project in Germany

Zinnwald Lithium plc, the German focused lithium development company, announced that it has entered into a binding agreement to acquire the 50 per cent. of Deutsche Lithium GmbH ('Deutsche Lithium') that it does not already own for a total consideration of €8.8 million to be settled with a cash payment of €1.5 million and the issue of approximately 50 million new ordinary shares of 1 pence each ('New Ordinary Shares') (the 'Acquisition'). Deutsche Lithium is developing the advanced Zinnwald Lithium Project in Germany ('Zinnwald' or the 'Project'). The Acquisition gives the Company full ownership and operational control of the Project and is in line with its corporate objective to become a key supplier to the European lithium market.

28.06.2021 (406 Clicks)

Glencore agrees to acquire JV Partners’ Shares in the Cerrejón Mine and strengthens Climate Commitments

Following notices from our joint venture partners, BHP and Anglo American, offering to sell their entire shares in the Cerrejón mine in Colombia, Glencore has reached agreement with each of them on substantially the same terms to acquire their respective 33.3% interests.

28.06.2021 (388 Clicks)

Acrux Sorting and Wescoal Sign Coal Beneficiation Agreement

Acrux Sorting Technology Proprietary Limited’s subsidiary, Acrux Sorting Coal (Pty) Ltd (“ASC”), has signed a coal beneficiation agreement with two wholly owned subsidiaries of Johannesburg Stock Exchange (“JSE”) listed mining company Wescoal Holdings Limited (“Wescoal”), whereby ASC will deploy advanced sensor-based sorting technology to upgrade lower-grade coal from the mines.