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GeoResources - Mining, Tunnelling, Geotechnics, Energy - News, Events and Journal

03.10.2019 (888 Clicks)

New Haver & Boecker Niagara Brand features efficiency-boosting and resource-saving Technologies in South America

Haver & Boecker introduces its global mineral processing brand Haver & Boecker Niagara in South America. The brand combines the engineering expertise and product portfolios of its three mineral processing locations in Brazil, Canada and Germany. Haver & Boecker Niagara features innovations developed in South America to help improve efficiency and reduce resource consumption. Customers around the world will benefit from shared innovative technology, more in-depth consultations, greater parts availability and better delivery times as a result of the new entity.

 

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02.10.2019 (835 Clicks)

Skanska renovates Hydropower Plant in the Österdal River in Sweden

Skanska has signed an agreement with Fortum Sweden to renovate Trängslet’s hydropower plant in Älvdalen municipality, Sweden. The contract is worth about SEK 320 M, which will be included in the Swedish order bookings for the third quarter 2019.

 

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02.10.2019 (805 Clicks)

Mineral Resource of the Rapasaari Lithium Deposit in Finland has increased

Keliber has announced that the Mineral Resource estimate for Keliber’s Rapasaari lithium deposit has been updated. According to the company’s new estimate, the Measured and Indicated Mineral Resources of Rapasaari are 6.183 million tonnes, which is approximately 40 percent more than previously estimated.

 

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01.10.2019 (832 Clicks)

Implenia on Track to a successful Implementation of the Strategy


  • All four divisions contribute to and profit from an integrated business model
  • New Real Estate Investment Vehicle to be launched leveraging real estate development platform
  • Operational Excellence Program for future growth well advanced
  • Implenia committed to delivering against its goals


Today, Implenia updates investors and analysts on the progress of the strategy implementation, recent developments in its four divisions, the activities of the Operational Excellence Program and on how the group will reach its ambitious objectives.

One Group – four Integrated Divisions

Implenia’s new operating model is proving effective, thanks to clear roles and responsibilities and its transpa­rency in segment reporting. Additionally, this new operating model enables a fast and impactful implementation of the group-wide strategic initiatives, such as the refined Value Assurance approach, Procurement Excellence and the ERP transformation program.

The new organisational structure has been implemented quickly and effectively. It is based on four divisions (Develop­­ment, Buildings, Civil Engineering, Specialties), global functions (Finance, HR, Legal, Strategy, Group IT, Marketing/Communications), the ‘Project Excellence & Services’ competence center, and the country organizations. The new structure enables cross-unit collaboration for complex projects, encourages entrepreneurship within the divi­sions, and – thanks to the country organisations – helps strengthening local relationships with customers and other stakeholders. Since Anita Eckardt joined September 1st, as Division Head of Specialties, the Implenia Executive Committee is complete and further relevant management positions have been filled.

Implenia will transform with its development division into a Leading Real Estate Company

All four divisions with full P&L-responsibility contribute to and profit from the integrated business model of the group. Operational, structural as well as financial synergies and benefits are evident:

  • Development: Implenia's integrated project development division is managing an attractive pipeline of projects creating space for living, offices and commercial activities, focussing on the metropolitan areas of Zurich and Geneva in Switzerland. Recently, the division has established a team in Germany. By expanding the existing value chain, the development division will transform into a real estate leader in selected markets. In the medium term, this allows Implenia also to generate recurring earnings instead of just selling ready-to-build project developments. A new investment vehicle containing attractive develop­ment projects of Implenia’s real estate portfolio will be created and opened to investors who will participate through the purchase of shares and capital increases. The investment vehicle will increase financial flexibility through debt and equity financing allowing to accelerate future growth and to leverage Implenia’s current development platform. Structurally, Implenia will incorporate the vehicle as a real estate investment company, which will be managed by an Implenia Real Estate Services Unit within Implenia that will provide project, portfolio and real estate asset management servi­ces. Following the concept, about 25% of Implenia’s current real estate portfolio will be transferred into the new real estate investment company – with an estimated current market value of substan­tial­ly above CHF 100 million. The Buildings, Civil Engineering and Specialties divisions will continue to offer their services to realize the real estate projects at market conditions (at arm’s length).The new real estate company enables Implenia to sustainably grow the value of its real estate portfolio. Over time, Implenia will go into a minority ownership position in the new real estate company. Currently, the company will not be listed, but this remains an option once it has gained in size.
  • Buildings: Implenia’s integrated construction services provider for all types of new buildings and refurbish­ments will strengthen its consulting and planning capabilities across the entire life-cycle of a property. Its pro­ject-specific services range from analysis through turnkey building delivery up to the modernization of existing properties. The Buildings division benefits from the attractive project pipeline of the Development division and also evaluates further growth in its existing markets.
  • Civil Engineering: Implenia’s specialized capabilities in civil engineering, special foundations and tunnelling are internationally recognized. The division is a key player in the end-to-end management of large hybrid pro­jects. The division currently evaluates various organic and inorganic growth options across geographies and the value chain (e.g. engineering). Profitable growth acceleration plans for some existing markets are being detailed while re-focusing in selected regions.
  • Specialties: Implenia’s specialized services in construction offers for example construction site logistics, Tensioning Products/Systems, facade technology, energy control, wood construction, formwork and interior/dry construction. Many of the division’s business unit strategies have been reviewed in recent months. The process will be completed by the end of the year. The aim is to anticipate the fundamental changes occurring in the industry and to accelerate Implenia’s ability to innovate – namely through Implenia’s newly launched Innova­tion Hub. In order to create sustainable value, existing, profitable services are being scaled up, while Implenia may withdraw from less attractive activities for which it is not the right owner.

Group-wide Introduction of Operational Excellence

To drive profitable future growth and as a key element of the strategy, Implenia is implementing various initiatives being part of a comprehensive Operational Excellence Program:

  • Value Assurance: A refined and holistic framework of the former risk management is being implemented to improve project performance – concerning governance, standards and organization. Implenia categorizes projects into four classes based on risk factors. Decision-making and project steering is based on a multi-eye principle at pre-defined milestones for project selection, tender approval and execution – done in risk class based committees. Currently, Implenia has started Value Assurance for large projects and will continuously roll-out this program to all projects. In addition, Implenia will standardize reporting and reviews and enhance them by analytic tools shortly. Value Assurance is organized group-wide and will also establish specific capabilities in each of the divisions.
  • Procurement Excellence: This initiative fosters closer partnerships with suppliers and subcontractors and continuously generates short-term and long-term savings. In multiple supplier summits and one-on-one negotiations with key supliers and subcontractors, Implenia started the dialogue, identified saving levers and defined measures with immediate effect. This will continue and reach its full potential in the mid-term and long-term in optimizing our procurement strategies for top categories.
  • Lean Construction: As lean methods and tools significantly impact cost, construction time and quality, Implenia standardized lean construction in a toolbox that is being rolled out and scaled in an increasing num­ber of projects throughout the divisions. An internal Lean Academy will be enabling the adoption in projects. The pervasive roll-out in the units makes lean construction the new way we work in projects.
  • Digitalization: The transformation to harmonize Implenia’s ERP-systems for core and support processes is in its realization phase and successfully on track. It is fully aligned with the further deployment of Implenia’s activities in BIM (Building Information Modelling), where Implenia will roll-out more use cases of BIM following a group-wide strategy. This way, BIM will become a significant competitive advantage with model-based core processes and an enabled workforce.

Outlook

Implenia’s markets offer attractive opportunities mainly driven by megatrends such as urbanization and infrastruc­ture investments. They will positively impact the demand in all the divisions and for cross-divisional collabora­tion in complex projects. Additionally, these megatrends contribute to a high construction activity in the markets targeted.

As announced in the half-year report, Implenia confirms its EBITDA target for the 2019 transition year: over CHF 150 million (excluding IFRS 16) before approximately CHF 20 million of strategy implementation costs. Implenia also confirms its medium-term EBITDA target margin of 5.25% to 5.75% (excl. IFRS 16).

Source: Implenia



Implenia, Switzerland, International, Strategy, on track, implementation, tunnelling, civil engineering, geotechnics, growth, profit, digitalization

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30.09.2019 (1257 Clicks)

QRC: Time to consider Uranium Mining in Queensland

The Queensland Resources Council (QRC) says Queensland is missing out on a multi-billion dollar addition to our resources and energy industry which would also lower global emissions, because of bans on uranium mining.

 

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30.09.2019 (767 Clicks)

Cimic's CPB Contractors selected for Monash Freeway Upgrade in Australia

Cimic Group company CPB Contractors has been selected to deliver Stage 2 of the Monash Freeway upgrade.

 

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30.09.2019 (739 Clicks)

Anglo American leads the Way on IRMA Standard for Responsible Mining

Anglo American announces that its Unki platinum mine in Zimbabwe is the first to publicly commit to be independently audited against the Initiative for Responsible Mining Assurance’s (IRMA) ‘Standard for Responsible Mining’.

 

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27.09.2019 (758 Clicks)

Brokk Inc. Relocates Stanhope Facility for Increased Inventory and Services

Brokk, a world’s leading manufacturer of remote-controlled demolition machines, recently opened the doors to their relocated Stanhope, New Jersey, distribution and service facility. The new building is in the same industrial complex as the original location but offers the company 33% more space for increased inventory. Additionally, the added room allows the Stanhope team to offer Brokk demonstrations onsite.

 

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27.09.2019 (1430 Clicks)

Name Change of Deilmann-Haniel GmbH into Redpath Deilmann

ln 2012, all special mining activities of the former Deilmann-Haniel International were restructured and bundled under the roof of the Redpath Group based in North Bay, Ontario, Canada.

 

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27.09.2019 (3132 Clicks)

QRC applauds APLNG domestic Gas Supply

The Queensland Resources Council (QRC) has welcomed the action by Australia Pacific LNG (APLNG) to supply 61 petajoules (PJ) of gas to the Australian domestic market which is the equivalent yearly demand of around 1.5 million households.

 

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