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09.09.2021 (386 Clicks)

Critical Minerals Explorers connect the Dots to Investment Opportunity

Vital conversations on maximising Queensland’s investment potential through development of Queensland’s burgeoning critical minerals industry are on the agenda today at an inaugural mining and exploration event run by the Queensland Exploration Council (QEC) - QE Connect Lunch Series.

QEC Chair Kim Wainwright said the luncheon brings together experts from across government, finance, exploration and mining to discuss the drivers developing Queensland’s new economy minerals.

“Queensland has mineral prospects that many other resources jurisdictions around the world can only dream of. We have a diverse range of these new-economy minerals with the advantage that the majority are concentrated in the north-west and north-east of the state,” Ms Wainwright said.

“So, it’s an exciting time to be in the exploration and mining sector, based on Queensland’s vast potential to provide the critical minerals and rare earths needed to manufacture everyday items such as smart phones, and renewable energy products such as wind turbines, electric cars, solar panels and batteries.

“Queensland wants to explore, mine and process its resources here in Australia and now is the time to establish relationships to make this happen.

“The economic conditions to finance new economy minerals projects are ideal, with last month’s ABS data confirming exploration spending at its highest in six years, now at $708 million per annum,” Ms Wainwright said.

Roger Leaning, Director at retail stockbroking and wealth management firm Morgans Financial agreed, stating the time to invest is now.

“Since Covid began, Morgans Financial has raised approximately $1bn in capital over the past 18 months with three-quarters directly resource related and one-quarter being resources or mining services,' Mr Leaning said.

“One third of these companies were offered to the Australian Stock Exchange market for the first time via an initial public offering (IPO), which is a great of show of the investment potential in resources right now.

“The resources sector continues to be very active and we continue to work with several resources companies seeking to raise capital during the balance of this calendar year,” Mr Leaning said.

Brisbane based battery materials producer, Pure Battery Technologies CEO Bjorn Zikarsky said the company was happy to share its experiences as an emerging and innovative critical mineral processer with industry peers.

“Government support in these early stages of supply chain entry is critical to validate new and time sensitive innovations,” Mr Zikarsky said.

“Waiting, especially in critical minerals, is a risky approach and only further endorses the ‘dig to ship’ mentality.

“We need to double down and incentivise our mining companies and processing innovators to stay onshore,” Mr Zikarsky said.

Vecco Group CEO Thomas Northcott said the Brisbane company is developing an integrated battery metals mining operation and will commence production of vanadium battery electrolyte in 2022 to support the growing Australian medium duration battery storage market.

“There is a huge addressable market locally in Australia and we are seeing this sector move quickly in China and Europe with multiple new large-scale vanadium batteries including VRB Energy’s recently announced 500MWh system.

“We have an opportunity to create a world-class integrated supply chain where we mine and manufacture vanadium batteries right here in Queensland at a lower cost than importing from Asia. This means more jobs in regional Queensland,” Mr Northcott said.

About QEC

The QEC is the exploration arm of the Queensland Resources Council and focuses on investment attraction and promotion of the exploration industry.

Source: QEC

                     

09.09.2021 (418 Clicks)

Setting the Anchor on Poland’s Baltic Coast - fischer heavy-duty Fixings secure Świna Tunnel

Poland's longest underwater tunnel thus far, the Świna Tunnel, is currently being built between the islands of Uznam and Wolin in the city of Świnoujście. The tunnel below the river Świna will strengthen the coastal region through improved infrastructure connections to the rest of the country and the world. More than 50,000 chemical and steel heavy-duty fixings by fischer have been used to reinforce the tunnel.

08.09.2021 (475 Clicks)

DMT Group Explores Europe’s Geothermal Energy Potential in Development of the European Green Deal

DMT GROUP, a global engineering and consultancy group, is playing a central role in efforts to explore Geothermal energy potential across north-west Europe. DMT is providing expertise in seismic measurement, boreholes and data evaluation to further the ambitions of the European Green Deal.

DMT is committed to working with partners across Europe to harness the region’s untapped renewable energy source and foster the expansion of deep geothermal energy as an environmentally friendly resource. DMT’s work is currently supporting the “Geothermal Paper Drying” research project and the “Deep Geothermal Energy Rollout in North West Europe” (DGE-ROLLOUT).

07.09.2021 (517 Clicks)

HUESKER implements first high-performance Robot

- Robotics for more productivity, flexibility and best working conditions

Automation with robots has long since found its way into many sectors. One of the world's leading manufacturers of technical high-performance textiles for civil engineering, agriculture, industry and lightweight construction, the HUESKER Group, recently discovered the advantages that robotics can also make in niches. Together with ABB, a pioneer in robotics and automation, HUESKER developed a prototype that is not available off the shelf, which is specifically used for handling and palletizing heavy yarn reels - a relief for the employees in yarn production.

07.09.2021 (491 Clicks)

Berco extends Mining Range for plus 200-ton Excavators with first-to-market Undercarriage Components

Berco, a global leader in the manufacturing and supply of undercarriages and components to OEMs and the Aftermarket, has reached another milestone with the launch of its complete undercarriage replacement range for the Cat 6020B Hydraulic Mining Shovel. Developed specifically for the high-quality demand mining segment of the Aftermarket, this is the first ‘non-captive’ range available to purchase. This means that aside from CAT, Berco is the only company currently capable of providing a full and significantly more affordable variety of undercarriage replacement components for this particular machine.

06.09.2021 (319 Clicks)

Climate-friendly Solutions for all Kinds of Mobility – Bosch is generating Sales of more than one Billion Euros with Electromobility

In electromobility, no other company offers as many options as Bosch: from e-bikes to construction machinery, and from silicon carbide chips to pre-integrated e-axle modules. And this is paying off: in electromobility, Bosch is growing twice as fast as the market, and will generate more than 1 billion euros in sales this year. This business is continuing to gain speed.

06.09.2021 (413 Clicks)

Datwyler: Further Specialisation in system-critical Elastomer Components - Sale of Reichelt

With the sale of the online distributor Reichelt to Invision, Datwyler will now be specialising solely in system-critical elastomer components. The deal is due to be completed in the autumn. In the forthcoming phase, Datwyler will be focussing on organic growth and targeted acquisitions to strengthen existing business.

03.09.2021 (626 Clicks)

Sandvik launches 15-tonne Toro LH515i underground loader

Sandvik Mining and Rock Solutions is launching a new, higher-capacity 15-tonne size class loader as a next generation model for the current 14-tonne Sandvik LH514.

The 15-tonne Toro™ LH515i has one tonne greater capacity than its predecessor, yet it is designed to operate within the same footprint. This new member of the Toro family has been redesigned from the ground up, leveraging all of the benefits of its predecessor, while improving the design based on customer feedback.

02.09.2021 (418 Clicks)

Epiroc appoints Charlotta Grähs as new General Counsel

Epiroc has appointed Charlotta Grähs as Senior Vice President General Counsel and member of Group Management, effective not later than March 1, 2022. Charlotta Grähs will succeed Jörgen Ekelöw, who will retire.

31.08.2021 (483 Clicks)

Dust-, spillage- and maintenance-free Skirtings supplied for Conveying in the Mining and Processing Industries

Companies whose daily operations include extraction, processing, crushing and screening of materials are familiar with the problems at the transfer points in conveying systems, such as nuisance dust generation, disruptive material spillage, costly belt wear, maintenance work that impedes operation and constant cleaning required. Even conventional chute skirtings or conveyor belt skirtings do not help to overcome these problems. For more than 8 years already, ScrapeTec from Kamp-Lintfort, Germany with its specific products has been providing effective solutions to all these problems. ScrapeTec products as e.g. AirScrape, DustScrape and TailScrape are applied individually or in combination and serve as side skirtings or belt skirtings, for example. They are used by large and small companies – in many countries around the world. Also in Chile and Peru.