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08.05.2019 (2779 Clicks)

Pietro Salini opens World Tunnel Congress: Sustainability, Technology and Innovation main Drivers in Infrastructure

Innovation, technology, sustainability and a focus on youth: these are the key elements in the development of the sector of large, complex infrastructure - and tunnelling.

06.05.2019 (2967 Clicks)

Sandvik initiates an internal Separation of Sandvik Materials Technology

Sandvik Board of Directors has decided to initiate an internal separation of the business area Sandvik Materials Technology. The intention is to increase Sandvik Materials Technology’s structural independence from the Sandvik Group and thereby put greater focus on the business’ future development possibilities as well as create flexibility.

The Board of Directors has also decided to explore the possibility of a separate listing (Lex Asea) at the Nasdaq Stockholm Exchange, should that strengthen Sandvik Materials Technology’s position and future development.

“The decision to initiate an internal separation of Sandvik Materials Technology is based on the board’s belief that each part will develop more favorably by itself, increasing opportunities for profitable growth and improving long-term shareholder value,” says Johan Molin, Chairman of the Sandvik Board of Directors.

“Sandvik Materials Technology represents the origin of Sandvik and great businesses have sprung out of it to shape the current structure. It is my view that a separation will allow full focus on Sandvik Materials Technology’s key strengths and its further improved performance,” says Björn Rosengren, President and CEO of Sandvik.

The separation and preparation for a possible listing is expected to take at least a year. There is no guarantee that a decision to finally list Sandvik Materials Technology will be taken. More details will be provided in due course.

Source: Sandvik

                     

03.05.2019 (3343 Clicks)

Endomines’ CEO Changes

The Board of Directors and CEO Saila Miettinen-Lähde of Endomines AB (publ) have agreed that Saila Miettinen-Lähde will leave her position as CEO of the company.

03.05.2019 (2980 Clicks)

Keliber appointed Construction Project Director in Finland

Kai Helkiö (Construction Manager) has been appointed as a Construction Project Director for Keliber Oy's Lithium Project.

02.05.2019 (3617 Clicks)

Anglo American becomes Founding Sponsor of the World Bank’s Climate Smart Mining

Anglo American has committed to the World Bank’s Climate Smart Mining initiative, by becoming a founding donor to the Climate Smart Mining Facility. It is the first-ever fund that is dedicated to making mining for metals and minerals a more sustainable practice that complements the energy transition.

02.05.2019 (3487 Clicks)

Robbins TBM overcomes multiple Caverns to make Breakthrough in France

Galerie des Janots Main Beam completes Arduous French Drive

01.05.2019 (4132 Clicks)

Huesker prepares for next Step of worldwide Expansion

After completion of an extensive worldwide investment program, which includes multiple new engineering and production facilities as well as an extended sales network, Huesker is now strengthening its management structure.

30.04.2019 (3106 Clicks)

Mining Lease Approvals confirm long-term Role for Coal: QRC

The Queensland Government’s approval of mining leases to extend the life of the Cameby Downs Mine in the Surat Basin secures jobs, exports and royalties for the State and confirms the long-term role for coal, the Queensland Resources Council said.

29.04.2019 (3095 Clicks)

Normet posts a strong Year of Growth and Profitability Improvement

Normet posted a very strong fiscal year 2018. Turnover grew by 21% to 315 Million Euro and earnings before depreciations and amortizations (EBITDA) reached 38 Million Euros almost doubling from 2017.

28.04.2019 (3192 Clicks)

Fugro’s free Seminars reveal the benefits of smart Site Investigation for better Risk and Cost Management of new Infrastructure

Infrastructure professionals can find out how the latest site characterisation strategies and Geo-data sharing platforms are transforming ground risk management in the delivery of major projects as Fugro launches its 2019 UK seminar programme.