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03.08.2021 (810 Clicks)

Fugro wins multi-year Contract to build new Pavement Management System for Manitoba

The Province of Manitoba in Canada has awarded Fugro a 4-year contract to develop a new pavement management system that will guide strategic selection of road maintenance projects for optimised use of transportation budgets.

03.08.2021 (455 Clicks)

QRC: Resources Sector backs strict Covid-19 Protocols to fight new Outbreak

The resources sector will continue to follow strict Covid-19 protocols in the wake of the lockdown of 11 LGA’s in Queensland to protect employees and regional communities from the virus.

29.07.2021 (360 Clicks)

FLSmidth to acquire Thyssenkrupp’s Mining Business – creating a global Industry Leader in Mining Technology

FLSmidth and Thyssenkrupp Industrial Solutions AG (a fully owned subsidiary of Thyssenkrupp AG) have reached an agreement that FLSmidth will acquire Thyssenkrupp’s Mining business1 (TK Mining) for a total consideration (enterprise value) of EUR 325 million, corresponding to approximately DKK 2.4 billion. Closing of the transaction is expected in H2 2022 and is subject to customary approvals from relevant authorities.

29.07.2021 (509 Clicks)

Strabag acquires Metro Projects in Prague

• Modernisation of Prague metro station Jiřího z Poděbrad for € 50 million
• First section of new Line D as part of international consortium

Strabag, the European-based construction group, has recently secured two metro contracts in Prague. A consortium consisting of Strabag a.s. and AŽD Praha s.r.o. was awarded the contract for the modernisation of the Jiřího z Poděbrad station in the centre of Prague, and an international consortium with the participation of the two group companies Strabag a.s. and Ed. Züblin AG will start work on the first section of the Prague Metro’s new Line D at the end of 2021.

“For me, Prague is one of the most exciting cities in Europe. The Smíchov City urban development project that we are currently working on as well as the latest investments in the city’s public transportation infrastructure clearly demonstrate the upward trend of the Czech capital,” says Thomas Birtel, CEO of Strabag SE.

An end to the “Leningrad escalators”

The Jiřího z Poděbrad station, situated near the Sacred Heart Church in the centre of Prague, is being completely renovated for a total of € 50 million (Strabag share: 65 %). The Soviet-era “Leningrad” escalators, which no longer meet the technical and economic requirements, will be replaced by Schindler escalators. Access to the platforms will also be made barrier-free with two pairs of lifts. All technical installations and ceiling soffit elements are being renewed.

Construction of new Line D starts with most challenging section

The next major Prague Metro project involving Strabag will begin at the end of 2021/start of 2022. A consortium consisting of Subterra a.s., two Hochief subsidiaries and the Strabag group companies Strabag a.s. and Ed. Züblin AG (share: 25 %) will build the Pankrác and Olbrachtova stations including the 1.2 km long tunnel between the stations. The geological conditions and the execution of tunnelling works in the densely built urban area pose the greatest challenge. Strabag had already been involved in the preliminary geological explorations. The tunnel will be built using the New Austrian Tunnelling Method.

Source: Strabag

                     

28.07.2021 (451 Clicks)

Nornickel restocks Yenisei River with 200,000 Sturgeon as Part of Biodiversity Initiatives

Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, headed by Vladimir Potanin, has released 200,000 Siberian sturgeon fry into the Yenisei river at Prutovsky shallows near the town of Yeniseisk.

28.07.2021 (403 Clicks)

Lundin Mining Announces Agreement to sell remaining Specialty Cobalt Business

Lundin Mining Corporation announced that its 24% owned subsidiary, Koboltti Chemicals Holding Limited, has entered into an agreement to sell its specialty cobalt business based in Kokkola, Finland to Jervois Mining Limited. This business was no longer strategic to Lundin Mining following the sale of its interests in Tenke Fungurume in 2016 and the cobalt refinery in Kokkola in 2019.

28.07.2021 (417 Clicks)

SMT Scharf AG reports significant H1/2021 Earnings Growth; Increase of FY 2021 Revenue and Earnings Forecasts

SMT Scharf AG (German Securities Code (WKN) 575198, ISIN DE0005751986) generated significant revenue and earnings growth based on preliminary results for the first half of the year, and is adjusting its previous forecast for the 2021 fiscal year accordingly.

28.07.2021 (414 Clicks)

QRC welcomes State Govt Approval of Metallurgical Coal Mine Extension in Central Qld

The Queensland Resources Council (QRC) today welcomed the State Government’s decision to approve an $82 million extension to the Isaac Plains metallurgical coal mine near Moranbah, calling it a huge vote of confidence in Queensland’s high quality coking coal industry.

28.07.2021 (424 Clicks)

ACCIONA is awarded Sydney Metro West for €1.24 billion

ACCIONA, in consortium with Ferrovial, has been awarded the contract to build the central section of Sydney Metro West, the new underground rail line that runs through a large part of Australia's largest city.

28.07.2021 (474 Clicks)

New Product Manager further increases Wet Processing Resources at Superior

Superior Industries, Inc., a U.S.-based manufacturer and global supplier of bulk material processing and handling systems, announce the appointment of Brett Casanova as its product manager for wet processing. He joins an extensive and diverse group of professionals at Superior who specialize in washing, classifying and dewatering technologies.