Page 24 of 863      News per page:1020

25.10.2021 (430 Clicks)

Glencore and Cheniere Sign Long-Term LNG Sale and Purchase Agreement

Glencore announce that one of its subsidiaries and Cheniere Marketing, LLC (“Cheniere Marketing”) have entered a binding liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”).

The SPA establishes the key commercial terms for the long–term purchase of approximately 0.8 million tonnes per annum of LNG on a free-on-board basis for a term of approximately 13 years beginning in April 2023. The purchase price for LNG under the SPA is indexed to the Henry Hub price, plus a fixed liquefaction fee.

Alex Sanna, Head of Oil Marketing, Glencore, commented: “We are pleased to partner with Cheniere, one of the World’s leading LNG providers. LNG represents one of our division’s key strategic pillars and this long-term agreement is a testament of our intention to continue to grow the business.”

About Glencore

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 responsibly-sourced commodities that advance everyday life. The Group's operations comprise around 150 mining and metallurgical sites and oil production assets.

With a strong footprint in over 35 countries in both established and emerging regions for natural resources, Glencore's industrial activities are supported by a global network of more than 30 marketing offices. Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 135,000 people, including contractors.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative. Our ambition is to be a net zero total emissions company by 2050.

Source: Glencore

                     

25.10.2021 (362 Clicks)

Metso Outotec expands Lokotrack mobile Series for Processing Aggregates

Metso Outotec is launching two new models to the Lokotrack® mobile crushing and screening series. The new Lokotrack LT200HPX and Lokotrack LT220GP mobile cone crushers are compact but efficient units ideal for aggregate contractor customers, bringing up to 30% more capacity and added flexibility compared to earlier models.

25.10.2021 (378 Clicks)

Akobo Minerals paves the Way for a resurgent Ethiopian Mining Industry

Akobo Minerals paves the Way for a resurgent Ethiopian Mining Industry clearing a major Hurdle for Investors being granted the Right to hold and repatriate foreign Currency from Offshore Accounts.

22.10.2021 (385 Clicks)

Saskatoon Freeway Functional Planning Study – Update (Phase Two)

Shaping the future of transportation by combining traditional engineering with innovative digital technologies to deliver sustainable solutions.

22.10.2021 (414 Clicks)

Autonomous Hauling System for increased Productivity in Boliden Aitik in Sweden

Boliden has decided to introduce an Autonomous Hauling System, Komatsu Frontrunner, on eleven haul trucks in the Aitik mine. The investment is for a total of SEK 218 m and will be fully implemented during 2024.

21.10.2021 (437 Clicks)

The Industry is looking forward to bauma 2022

• bauma exhibitors see the safety and hygiene concept for themselves at IAA Mobility
• Conclusion: Trade fairs can also take place under coronavirus conditions
• Industry continues to see bauma as THE platform
• bauma 2022 focusing on current challenges with five trend topics

21.10.2021 (430 Clicks)

Bauer Spezialtiefbau installs Foundation Piles for new Office and Administration Building in Dortmund

The site of the former blast furnace plant Phoenix-West in the district of Hoerde, Dortmund, is now home to the 115 ha technology and service location Phoenix West. Construction of a new four-story office and administration building for the transmission system operator Amprion GmbH is currently underway on Robert Schuman Strasse.

20.10.2021 (519 Clicks)

Voith Turbo: New App for Hydrodynamic Coupling

There are more than a million hydrodynamic couplings from Voith in operation worldwide. In numerous heavy industry sectors like mining, petrochemicals, steel or thermal power plants, they ensure a gentle startup of equipment and machines and at the same time protect them from possible damage even under extreme conditions. With the new TurboGuide Mobile, Voith has developed an app with an intuitive interface for the efficient and comprehensive management of constant-fill fluid couplings.

19.10.2021 (429 Clicks)

Filo Mining announces the Appointment of Phil Brumit to its Board of Directors

Filo Mining Corp. announces the appointment of Mr. Phil S. Brumit Sr. to its Board of Directors. Mr. Brumit brings extensive natural resource development and operational experience to the Company.

18.10.2021 (418 Clicks)

Metso Outotec to deliver Grinding Mills and Thickeners to a Nickel Plant in Indonesia

Metso Outotec has been awarded a contract for the delivery of several horizontal grinding mills and thickeners to a greenfield nickel project in Indonesia.The value of the order is approximately EUR 24 million, and it has been booked in Minerals’ Q3/2021 orders received.