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20.01.2020 (834 Clicks)

Recommended Cash Acquisition for Sirius Minerals plc by Anglo American Projects UK limited

The boards of Anglo American plc, Anglo American Projects UK Limited ('Bidco') and Sirius Minerals Plc are pleased to announce that they have reached agreement on the terms of a recommended cash acquisition pursuant to which Bidco shall acquire the entire issued and to be issued share capital of Sirius (the 'Acquisition'). The Acquisition is intended to be effected by means of a scheme of arrangement under Part 26 of the Companies Act.

17.01.2020 (1095 Clicks)

Finalists announced for the 2020 QRC/WIMARQ Resources Awards for Women

A scholarship for an MBA from the Australian Institute of Management (AIM) will go to the winner of the Exceptional Woman category, and all other categories will receive a $5,000 scholarship from AIM.

16.01.2020 (874 Clicks)

Epiroc to consolidate Dimension Stone Industry Equipment manufacturing to India

Epiroc AB, a productivity partner for the mining and infrastructure industries, will consolidate the manufacturing of dimension stone industry equipment to India to increase efficiency. As a result the manufacturing in Italy will be closed.

16.01.2020 (1114 Clicks)

Innovative Malaysia welcomes WTC 2020

World Tunnel Congress 2020 to be held from 15 to 21 May 2020 in Kuala Lumpur.

14.01.2020 (912 Clicks)

Hatch enters strategic Partnership with General Fusion

General Fusion announced that it has entered into an industrial partnership with Hatch Ltd. (Hatch) to bring power plant engineering and other expertise to its Fusion Demonstration Plant project. This partnership includes an investment by Hatch into the recently announced General Fusion USD $65 million Series E financing round.

Hatch is a leading global engineering and construction firm with a strong record of success with both demonstration and commercial programs. It brings recognized power plant design, siting, licensing, and other specialized capabilities to General Fusion in support of the development and deployment of its Fusion Demonstration Plant. This prototype, which is planned to be completed and tested over the next five years, will demonstrate the company’s Magnetized Target Fusion (MTF) technology at power plant-relevant scale.

“Success in commercializing fusion technology depends on strong engagement by stakeholders in the global energy industry,” said CEO Christofer Mowry. “Hatch is highly respected and capable. They understand the realities of power plant engineering and will help ensure we develop a practical and on-demand cleantech that finally enables the energy transition we are all talking about.”

Fusion energy is expected to provide a new source of socially acceptable and economically competitive carbon-free electricity for the world. Commercially viable fusion power plant technology will complement renewable energy sources and storage solutions to provide a practical transition to our zero-carbon energy future. Ongoing advances in fusion science and enabling technologies are accelerating the global pivot from fusion research to commercialization.

“Hatch sees General Fusion and its technology as a potential game changer for the production of sustainable, carbon-free energy,” said Hatch’s global managing director, Energy, Robert Francki. “We are proud to be an integral part of this important step in General Fusion’s path to commercialization.”

Source: Hatch

                     

14.01.2020 (770 Clicks)

New Genoa Bridge: fifth Deck Section installed, fourth on West Side

Schools, universities discover “urban bridge”

14.01.2020 (700 Clicks)

Natural Disaster Losses 2019 – Tropical Cyclones causing Billions in Losses dominate Nat Cat Picture of 2019

• Severe typhoons in Japan cause the year’s biggest losses
• Hurricane Dorian, the strongest hurricane of the year, devastates the Bahamas – US mainland largely spared
• Natural catastrophes cause overall losses of US$ 150bn, with insured losses of about US$ 52bn – In line with long-term average
• Humanitarian tragedy caused by cyclones in Mozambique – Over 1,000 deaths – Better protection is urgently needed

14.01.2020 (784 Clicks)

Milan M4 Metro Line in Italy: Trial Run along first Section between Linate and Forlanini FS

Trial runs have begun for trains between the Linate city airport and the Forlanini FS station that comprise the first section of the new M4 metro line being built in Milan.

09.01.2020 (792 Clicks)

Recycling of critical Minerals is not the only Solution, says GlobalData

A recent report from the UK Office of Science and Technology states that while the UK is dependent on imported critical minerals for a number of sectors there is no specific strategy for their supply, a worrying thought considering the implications of recent trade wars.

09.01.2020 (953 Clicks)

Safety Accessories for Heavy Machinery: Radio Remote Control from GHH

Safety first in mining and tunnelling: For this reason, the German machine manufacturer GHH is pushing the use of radio remote controls where ever it suits the application. Its T-RX100J model is particularly light, comparativly inexpensive and also works with other OEM equipment.