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03.08.2020 (810 Clicks)

Metso Outotec acquires Davies Wear Plate Systems

Metso Outotec has closed today the acquisition of the Australia-based fastener and wear monitoring technology provider Davies Wear Plate Systems, extending its wear lining portfolio and capabilities.

The acquired technology includes fasteners with a unique locking mechanism that does not require traditional studs and nuts and thus enables faster and safer maintenance work. Davies Wear Plate Systems’ portfolio also includes wear monitoring technology, which provides a real-time forecast of wear and expected liner change-out timing. The monitoring solution can be fitted to any metallic or ceramic liner, independent of attachment systems.

“This acquisition supports our target to offer comprehensive and unique solutions for the entire wear lining value chain. We are eager to introduce these advanced solutions globally to our customers; we now have the market’s widest range of optimized wear protection solutions, tools and services. The new technology will increase safety during maintenance and increase uptime. I warmly welcome the new colleagues to become part of the Metso Outotec team,” says Sami Takaluoma, President of Consumables business area at Metso Outotec.

The acquired technology is already used by major mining companies, such as Rio Tinto, BHP Group and Fortescue Metals Group in Australia.

“We have been improving our product offering for years and we have received good feedback from our customers in Australia. Our products are ready to be rolled out to the global mining market. We are excited that we are now a part of a truly international company,” says Brian Davies, Founder, Davies Wear Plate Systems.

The parties have agreed not to disclose the value of the transaction.

About Davies Wear Plate Systems

The Davies Wear Plate Systems offering includes patented fastening systems, wear liner monitoring system and wear plates. Davies also supplies tools that provide safer and faster change-outs.

The company’s sales in fiscal year 2020 were AUD ~ 17 million (EUR 10 million) and it has approx. 30 employees. Davies has an office in Malaga, Perth and an operation facility in Esperance, Western Australia.

About Metso Outotec

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing, metals refining and recycling industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change. 

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its illustrative combined sales for 2019 were about EUR 4.2 billion. The company is listed on the Nasdaq Helsinki.

Source: Metso Outotec

                     

03.08.2020 (740 Clicks)

POWTECH 2020 Special Edition cancelled

NürnbergMesse has decided not to hold the POWTECH 2020 Special Edition that was planned for September this year. With this decision the trade fair organisers are addressing the reservations of many exhibitors and industry players about having an on-site event. Recently, exhibitors have been particularly hesitant in view of the partly unforeseeable effects of the coronavirus pandemic on the ability to travel and the economic situation of the various sectors involved. The next POWTECH will therefore take place in Nuremberg on the usual scale from 26 to 28 April 2022. The leading trade fair for the processing, analysis and handling of powder and bulk solids will be held in combination with the PARTEC Congress.

03.08.2020 (684 Clicks)

QRC: COVID doesn’t stop students being creative with coding

About 50 north Queensland students in years three to six have embarked on a creative coding challenge, which has gone online due to COVID-19 restrictions.

Renowned digital technology educator Dr Damien Kee is delivering customised tutorial videos, which utilise Scratch Programming, to students in the Collinsville region who want to extend their programming skills or start exploring the digital world.

31.07.2020 (752 Clicks)

Fugro starts shallow Water Phase for 2Africa fibre-optic Subsea Cable Project

Fugro has begun their shallow water campaign for the “2Africa” subsea fibre-optic cable project which, once installed, will connect 23 countries in Africa, the Middle East and Europe and deliver more than the total combined capacity of all subsea data cables serving Africa.

30.07.2020 (827 Clicks)

Solmax and University of Virginia team to launch technical GCL Webinar Series

Geosynthetics manufacturer Solmax is sponsoring a series of technical webinars for industry professionals in collaboration with the University of Virginia’s (UVA) School of Engineering. The first webinar, focusing on the evaluation and specifica-tion of geosynthetic clay liners (GCLs), launches on 12 August 2020.

29.07.2020 (839 Clicks)

Turquoise Hill announces financial Results and Review of Operations for the second Quarter of 2020

Turquoise Hill Resources Ltd. today announced its financial results for the period ended June 30, 2020.

“Faced with the challenges of operating within the constraints posed by the COVID-19 pandemic, the Oyu Tolgoi team posted outstanding safety and production performance in the second quarter of 2020. The open pit operations have continued uninterrupted, and the underground development, while experiencing restrictions on workforce numbers and the ability to repatriate specialists from around the world, has continued to progress. The team’s focus on optimization initiatives has resulted in, among other things, an increase to our 2020 gold production guidance.

28.07.2020 (720 Clicks)

Nexa Resources appoints ABB as Partner for digital Transformation Journey

One of the key players in mining in Latin America has appointed ABB to provide state-of-the-art industrial automation systems for existing and new operations

28.07.2020 (695 Clicks)

Boost for new mineral Exploration across Queensland

The Queensland Exploration Council (QEC) has congratulated the 24 mineral exploration companies that have been successful in the latest round of grants totalling nearly $4 million, as part of the Queensland Government Collaborative Exploration Initiative (CEI).

27.07.2020 (736 Clicks)

QRC urges Queensland Government to copy WA Plan for Resource Role in COVID-19 Recovery

The Queensland Government should mirror key planks of the Western Australian Government’s COVID-19 recovery plan for the Sunshine State’s own economic revival, Queensland Resources Council Chief Executive Ian Macfarlane said.

27.07.2020 (753 Clicks)

Outokumpu: Management changes

Maciej Gwozdz, President, business area Europe has decided to resign from Outokumpu to take a new position in another company. He will continue to work in Outokumpu in his current position until the end of September. His successor will be appointed in due course.