LKAB is today submitting an application for a processing concession for the Per Geijer deposit in Kiruna. Since the discovery was reported as Europe's largest known rare earth oxide deposit earlier this year, further investigations have been carried out.
Glencore plc confirms that it submitted a proposal to the Board of Directors of Teck Resources Limited in which it offered to acquire Teck’s steelmaking coal business for cash.
Skanska has signed a contract with the Norwegian Road Authority (NPRA) to build the new E18 highway between Fornebukrysset and Strand outside Oslo, Norway. The contract is worth NOK 4.6 billion, about SEK 4.6 billion, which will be included in the Nordic order bookings for the second quarter 2023.
Codelco and BHP sign unprecedented innovation agreement for the development of sustainable mining
Two of the largest mining companies in the world join forces with the objective of exchanging information in areas of mutual interest, such as the electrification of mining activities, the supply of desalinated water, the stability and monitoring of tailings deposits, and the development of technologies for the decarbonisation of processes, among others.
For the first time in their history, BHP and the Chilean state-owned Codelco signed a collaboration agreement that will focus on the accumulated experience of both companies in innovation projects focused on strengthening the sustainability of its operations.
“Our copper is part of the solution to climate change that threatens the planet and must be produced in a sustainable manner, consistent with that cause. In order to imagine these new ways of doing mining, innovation is one of the main axes of our management, a focus that we can only develop in alliance with players who are equally active in this search, as is the case with BHP”, says Codelco's chief executive, Andre Sougarret.
Open innovation is one of the enablers of Codelco's current business strategy, which places significant value on the ability to convene external capabilities around the world. Suppliers, research centers, universities and companies with common challenges, such as BHP, are key players in complementing the knowledge and experience of the state mining company and creating sustainable solutions.
“The alliance with Codelco reflects our efforts to work collaboratively in the search for solutions to face one of the most urgent challenges in the world: stopping climate change. We cannot advance in decarbonization or contribute to the energy transition alone. For BHP, agreements such as this show how joint work between the public-private sector is essential to make mining an increasingly sustainable industry”, says Rag Udd, president of BHP Americas.
The agreement addresses the main current challenges of the mining industry shared by both companies, among them, the search for technologies that enable the economic exploitation of low-grade minerals, the operation in deep deposits and with complex metallurgical conditions, the design of tasks that use less or no water in their processes and that generate the least impact on the environment, and the effective exploitation of advanced technologies in terms of mineral exploration.
The document signed by Codelco and BHP establishes that the exchange of knowledge will have a term of five years and will be guided by a steering committee and implemented by working groups with professionals from the two companies.
With the acquisition of one of the leading companies for air supported belt conveyors, The Hendrik Group Inc., the Beumer Group is expanding its portfolio in the field of bulk material transport. In particular, the handling of alternative fuels and raw materials (AFR) confirms Beumer's commitment towards sustainability and is at the same time fully complementary to the current technologies offering ensuring an even broader customer benefit. The technology also generates additional potential in the field of bulk material handling of sensitive materials when it comes to preventing hazardous substances from being released into the environment.
In the Brenner Base Tunnel, the innovative DT923i tunnel drill rig from In the Brenner Base Tunnel, the innovative DT923i tunnel drill rig from Sandvik is in use for the first time in Central Europe...
Wired rock-pressure measuring systems are not rated as suitable for the long-term monitoring of abandoned salt mines as they are expensive, technically complex and lacking in functional reliability....
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