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23.11.2021 (385 Clicks)

Sika expands its Production Capacity in China for faster and more sustainable Customer Solutions

By opening a new mortar production facility in Jiaxing City, in the province of Zhejiang in Eastern China, Sika has further expanded its production capacity in the rapidly growing Chinese construction market.

22.11.2021 (373 Clicks)

Staffs’ Wardell Armstrong welcome HS2 CEO to see progress on route between West Midlands and Crewe

Multidisciplinary environmental, engineering and mining consultancy, Wardell Armstrong, has welcomed Mark Thurston - HS2 Ltd's CEO - to a worksite where a team of environmental specialists are working on the early works phase of HS2 construction.
 

22.11.2021 (411 Clicks)

BHP and Woodside agree to create a global Energy Company

BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) have today signed a binding share sale agreement (SSA) for the merger of BHP’s oil and gas portfolio with Woodside (Merger). Woodside will acquire the entire share capital of BHP Petroleum International Pty Ltd (BHP Petroleum) in exchange for new Woodside shares.

19.11.2021 (368 Clicks)

B.C., Canada: Provincial State of Emergency declared

The B.C. government has declared a provincial state of emergency to mitigate impacts on transportation networks and movement of essential goods and supplies, and to support the provincewide response and recovery from the widespread damage caused by severe flooding and landslides in British Columbia.

19.11.2021 (380 Clicks)

Fugro to update Cayman Islands Fydrography for UKHO with carbon-neutral Survey

The UK Hydrographic Office (UKHO) has selected Fugro to survey a 515 km2 area over the Cayman Islands in November.

19.11.2021 (362 Clicks)

Webuild wins Lot H41 Gola del Sill-Pfons on austrian Side of Brenner Base Tunnel

New lot brings to four the lots under construction by Webuild on world’s longest railway tunnel of 55km

18.11.2021 (362 Clicks)

Demand for Raw Materials boosts Mining

Mining machinery manufacturers from Germany are also benefiting from the increasing demand for raw materials. They supply cutting-edge technology for a climate-neutral future.

At the end of last year, companies from the mining industry were still expecting a very restrained development. This assumption has only been partially confirmed. In the period from January to September 2021, order intake increased by 75 percent compared to the previous year. The sales of German mining technology companies, on the other hand, are lagging behind. In 2020, the industry generated total sales of EUR 3.38 billion. From January to September 2021, sales were down 18 percent year-on-year at EUR 2.8 billion. Exports in the January-August 2021 period were down 10.4 percent year-on-year at just under 960 million euros. The industry expects sales to pick up by the end of 2021 and anticipates a moderate decline of 5 to 10 percent overall. The number of employees is stable at 12,200.

USA largest export market

In addition to the EU-27 and the UK, the largest export markets include the USA, China, and Russia. The most common export goods to all markets are, in alternating order, crushing and grinding technology, deep drilling technology, mining and roadway heading machines, and tunnel boring machines.
The export value for the USA from January to August 2021 was almost twice as high at 126 million euros as that for China at 66 million euros. However, the US market does not pose an extraordinary challenge - in contrast to China. The Asian country only imports technology that is not yet available locally in the desired quality, thus causing declining export figures for mining machinery companies with production sites in Germany. Despite the sanctions policy, business with Russia benefits from long-standing good relations with mining companies and their desire for quality.

Mining indispensable

'Without mining technology, nothing works in industry now and in the future. If we want to maintain our current standard of living, we need the corresponding raw materials,' explained Dr. Michael Schulte Strathaus, Chairman of VDMA Mining, at today's press conference on the occasion of the industry meeting at the Zeche Zollverein in Essen. Everything revolves around achieving the European climate targets. This can only be achieved with increasingly digitalized products and work processes because the development possibilities in mechanics are limited. 'Only smart mining will lead to green mining,' Schulte Strathaus emphasized. 'We see our opportunities in offering the best technology worldwide that contributes to resource-saving, efficient, 'green' extraction and processing of raw materials. “

Source: VDMA Mining

                     

18.11.2021 (448 Clicks)

Metso Outotec wins major Order for Iron Ore Pellet Plant Capacity Expansion in Ukraine

Metso Outotec has signed an agreement for the delivery of key equipment for the expansion of an existing production line at the Ferrexpo Poltava Mining iron ore grate-kiln pellet plant, which is located in the mining city of Horishni Plavni in central Ukraine.

18.11.2021 (347 Clicks)

Evolution Mining to acquire Ernest Henry Mining from Glencore

Glencore and Evolution Mining Limited (Evolution) have entered into a binding agreement for the sale and purchase of Glencore’s 100% interest in Ernest Henry Mining Pty Ltd, the owner of the Ernest Henry Mining (EHM) copper-gold mine in Queensland, Australia.

18.11.2021 (362 Clicks)

Skanska is expanding the Stockholm Metro in Nacka, Sweden

Skanska has signed a contract with The Stockholm Regional Council to build a new stage of Stockholm’s metro in Nacka, Sweden. The contract is worth about SEK 1.2 billion which will be included in the Nordic order bookings for the fourth quarter of 2021.
nacka station