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29.12.2020 (889 Clicks)

Ventia awarded Field Optimisation Contract with Telstra

Essential services provider Ventia has been awarded a significant contract with Telstra. The three-year Field Optimisation Contract has estimated revenue of $570 million based on expected volumes.

29.12.2020 (676 Clicks)

Ventia awarded Anglo American Facilities and Asset Management Contract

Ventia has been awarded a contract to deliver comprehensive facility and asset management services to Anglo American’s Metallurgical Coal business operations in the Bowen Basin, Central Queensland.

29.12.2020 (920 Clicks)

Sedgman secures Operations Contract Extension

Cimic Group’s minerals processing company, Sedgman, has been awarded an extended operations and maintenance services contract at the Mount Pleasant mine in New South Wales.

28.12.2020 (731 Clicks)

Green Light for fossil-free Steel in Oxelösund

The Land and Environment Court has decided to grant SSAB Oxelösund an environmental permit to convert its steelmaking operations and reduce carbon dioxide activities by 2025. This also means that we will take a step nearer towards fossil-free steel production across SSAB in 2045.

28.12.2020 (705 Clicks)

Metso Outotec wins EUR 100 Million Order for Delivery of complete Key Equipment for a new Zinc Plant in Russia

Metso Outotec has signed a contract to deliver a complete package of key process equipment for a greenfield zinc plant in Verkhny Ufaley in the Chelyabinsk region in Russia. The contract value of approximately EUR 100 million has been booked in Metso Outotec’s fourth-quarter 2020 order intake, a quarter of which will be booked in Minerals segment and the rest in Metals segment.

28.12.2020 (686 Clicks)

Metso Outotec divests its Aluminium Business

Metso Outotec has signed an agreement to sell its Aluminium business to REEL International, headquartered in France. The business was announced to be for sale a year ago and has been since reported under discontinued operations.

The business to be divested comprises of green anode plants, anode rodshops, and casthouses used in aluminium smelters as well as related equipment and services. Approximately 120 Metso Outotec employees will join REEL upon closing, which is expected to take place during the first quarter of 2021.

The parties have agreed not to disclose the value of the transaction. The sale will have no material impact on Metso Outotec’s financial result.

“I’m very pleased that our aluminium technologies and experts will have a good new home at REEL International, where the development of the business will continue for the benefit of the global aluminium customers,” says Jari Ålgars, President of Metals business area, Metso Outotec.

“It’s rare to find another business with such a complementary product portfolio in primary aluminium technology, and we’re excited to be joining REEL International. I’m confident that this transaction will enable our team to continue supporting our customers’ businesses in an efficient way. This agreement is proof of the hard work and commitment of our team during this extraordinary year”, says Antti Koulumies, Vice President, Aluminium business line, Metso Outotec.

“We’re pleased to welcome Metso Outotec’s aluminium business and personnel to the REEL family. With our complementary product portfolio and geographical footprint, we’ll be able to serve our customers even better around the world”, says Philippe Frantz, Chairman of the Board of REEL International SAS.

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.'

Source: Metso

                     

26.12.2020 (947 Clicks)

GeoResources Team Wishes You and Your Families a Merry Christmas and a Prosperous 2021

GeoResources Team Wishes You and Your Families a Merry Christmas and a Prosperous 2021

24.12.2020 (690 Clicks)

Triton to sell DSI Underground to Sandvik

Our owner Triton plans to sell DSI Underground to the Sweden based public listed company Sandvik Group. A Sales and Purchase agreement has been signed and the transaction is expected to close subject to local review, protocols, and regulatory approvals by mid-2021.

22.12.2020 (771 Clicks)

Porr and Strabag begin Work on Metro Expansion in Vienna

• A consortium of the two largest construction companies in Austria will implement the order worth almost half a billion €
• Lot A contains several sections of the route redirection of the line U2: a total of 7 km of tunneling and 4 new stations
• Technically demanding construction work in the inner-city area

18.12.2020 (754 Clicks)

Integration of the Agua Rica Project in Argentina completed

Glencore notes the announcement by Yamana relating to the integration of the Agua Rica project with the Alumbrera mine, plant and infrastructure.