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20.03.2021 (423 Clicks)

Implenia-led Joint Venture wins Contract to build northern Access Shaft on the Gotthard in Switzerland

The Swiss Federal Roads Office (FEDRO) has awarded the CHF 86.6 million contract to build a 4 km access shaft for the second Gotthard tube (Lot 243) to the “secondo tubo” joint venture between Implenia, Webuild Group / csc and Frutiger.

19.03.2021 (565 Clicks)

Medusa Mining appoints Managing Director and Chairman

Medusa Mining Limited announces the appointment of Andrew Teo as Managing Director and Jeffery McGlinn as Non-Executive Chairman, effective 19 March 2021.

19.03.2021 (359 Clicks)

Normet invests in new multi-purpose Facility in India

Normet’s Board of Directors has approved the investment proposal for a new and expanded multi-purpose facility in India.

19.03.2021 (357 Clicks)

Fugro conducts seep Survey and geochemical Campaign for Petronas Suriname E&P B.V.

Fugro is conducting a seep survey and geochemical campaign in Block 48, offshore Suriname, for Petronas Suriname E&P B.V. (PSEPBV). PSEPBV is a subsidiary of Petronas, a global energy and solutions partner ranked amongst the largest corporations in the Fortune Global 500.

18.03.2021 (345 Clicks)

Bauer carries out Specialist Foundation Engineering Works in Bavarian Town

In the heart of Wolfratshausen, a Bavarian town approx. 30 km south of Munich and 10 km east of Lake Starnberg, a new residential complex with additional commercial spaces is currently under construction: the future “Loisach Quartier”. Plans for the southern section include construction of a new supermarket and 47 apartments along with a two-story underground garage, while the northern section includes an apartment building with 70 apartments and another underground garage.

18.03.2021 (713 Clicks)

Tomra Sorting Mining launches Tomra Act, a new intuitive User Interface

Tomra introduces the Tomra Act new user interface, together with a new image processing pipeline and additional process data for Tomra Insight, enabling improvements in the overall sorting process for greater productivity and profitability.

18.03.2021 (540 Clicks)

Cimic's UGL finalises Gippsland Rail Upgrade Contract

Cimic Group’s UGL, as part of an alliance, has reached contract award with Rail Projects Victoria for the Gippsland Line Upgrade, which will improve rail services for Victoria’s Gippsland line.

17.03.2021 (604 Clicks)

Implenia wins major Contract for the Lysaker-Fornebu Tunnel Construction in Norway

Fornebubanen has chosen Implenia for tunnel and ground construction from Lysaker to Fornebu | estimated contract value of CHF 131 million

17.03.2021 (384 Clicks)

Strengthening European Supply of critical Raw Materials is vital for Green Deal and Resilience of Key Industries

The Action Plan for Critical Raw Materials presented by the European Commission in September 2020 is subject to an opinion which will be discussed by local and regional leaders during the plenary of the European Committee of the Regions (CoR) on 18 March. Many European key industries, especially those involved in future-oriented technologies, are highly dependent on critical raw materials, a majority of which are imported from non-EU countries.

The opinion drafted by Isolde Ries (DE/PES), First Vice-President of the Saarland regional parliament, highlights the need to address the EU's over-reliance on non-European countries by promoting a circular use of resources, improving recycling and supply chains and expanding the extraction of critical raw materials within the European Union. The opinion also stresses that local and regional authorities must play a fundamental role in safeguarding the future supply of critical raw materials.

The European Commission defines raw materials as critical if they are of crucial economic importance and cannot be reliably and sustainably sourced within the European Union (EU). The EU extracts or produces less than 5% of global critical resources, whereas around 20% of the global consumption of these resources is accounted for by EU industries. A secure and reliable supply of critical raw materials is vital for European key industries, such as the car, steel and health industry, which employ millions of European citizens. The EU is particularly dependent on imports of critical raw materials that are key components of future-oriented technologies, such as batteries or renewable energy sources, which are helping drive the green transition in Europe. The demand for these resources will continue to increase sharply in the coming decades.
The rapporteur Isolde Ries (DE/PES), First Vice-President of the Saarland regional parliament, said: 'Modern economies with long value chains cannot function without a safe, competitive and environmentally friendly supply of raw materials. We must protect the EU's access to critical raw materials through an efficient use of resources, sustainable products and innovation. A secure and reliable supply of critical raw materials, whose procurement also needs to be more environmentally and socially responsible, is not only vital for the Europeans industries and the millions of jobs that depend on them, but also for the successful implementation of the European Green Deal.'

The opinion emphasizes that local and regional authorities must play a fundamental role in safeguarding the future supply of critical raw materials as they are directly responsible for the approval and supervision of industrial projects involving the use or the extraction of critical raw materials within the EU. The opinion also calls for the recycling capacity within the EU to be substantially strengthened. Furthermore, the procurement of critical raw materials from third countries should be diversified and domestic extraction of critical raw materials should be politically and financially supported in order to decrease the EU's dependence on imports from non-EU countries. This point is especially relevant for current or former European mining regions, which should investigate if opportunities for raw material extraction exist in their region.
The CoR welcomes the launch of the European Raw Materials Alliance which is open to all relevant stakeholders, including the regions, and was announced by the European Commission alongside its Action Plan.

The final result of the vote on the opinion will be announced at the end of the plenary session on 19 March.

Background

In September 2020, the European Commission announced its Action Plan on

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16.03.2021 (499 Clicks)

Vale announces new Director of Finance and Business Development for the Base Metals Business

Deshnee Naidoo is the new Director of Finance and Business Development for the Base Metals business.