HBT GmbH advised that as of Thursday the 20th of July, HBT and Questas entered into a Share Purchased Agreement to procure Newcastle (Australia) based Original Equipment Manufacturer, Waratah Engineering.
Australia’s digital technology clusters have been mapped and analysed on a national scale for the first time as part of a new report released by Australia’s national science agency, CSIRO, and the Tech Council of Australia. The report, ‘The geography of Australia’s digital industries’, explores how the geographical concentration of innovation – like Silicon Valley in California – boosts growth and productivity.
260 Central Queensland high school students are set to take part in the state’s first ever STEM Big Day Out which puts the spotlight on a whole new era of exciting careers for young people in the resources sector. Students will receive an insight into the world of STEM (Science, Technology, Engineering and Maths) through a unique program developed by the Queensland Resources Council’s education arm, the Queensland Minerals and Energy Academy (QMEA) and supported by BHP Mitsubishi Alliance (BMA).
Glencore to acquire Pan American’s 56.25% stake in MARA Project, becoming its sole owner
Glencore International AG (Glencore) and Pan American Silver Corp. (NYSE: PAAS, TSX: PAAS) (Pan American) announced they have reached an agreement for Glencore to acquire the 56.25% stake in the MARA Project (MARA or the Project) from Pan American.
Sika invests in macro fibers for fast-growing demand for sustainable concrete in the USA
Sika has increased production capacities for macro fibers at its plant in Chattanooga, Tennessee, thus extending a product line of strategic importance for Region Americas. With this innovative fiber technology, Sika is further strengthening its position as the leading single-source supplier to the mining industry and a strong partner for sustainable construction projects.
Synthetic macro fibers are based on an innovative technology for the constructive and static reinforcement of concrete construction. The macro fibers are cost-efficient. Construction times are shortened given that no assembly of conventional reinforcement structures is required, and they significantly enhance the properties of cured concrete, surpassing traditional steel reinforcement. In addition, the innovative technology enhances sustainability in construction. Its use allows the concrete structures’ lifespan to be considerably extended compared with steel reinforcing. These are important factors that have a positive impact on green building ratings such as the international LEED certification system.
Christoph Ganz, Regional Manager Americas: “The United States is experiencing a booming trend in the construction of new industrial and sustainable production facilities, including gigafactories and data centers. This surge in construction is driving a high demand for macro fibers, which are used in manufacturing of abrasion-resistant slabs and industrial flooring. On top of this, there is growing demand for macro fibers in the US, Canada, and Latin America in shotcrete applications to stabilize excavations in tunneling and mining. This smart investment will allow us to make further advances in our market penetration throughout Region Americas, unlocking the potential offered by strong growth markets on a targeted basis.”
Expansion of sales markets through strategic acquisitions
Sika already has a strong presence in the mining industry in Latin America and Canada, which was significantly expanded through the acquisition of King Packaged Materials Company in 2019.
Building on this foundation, the recent acquisition of Thiessen Team USA has further solidified Sika’s position in the American mining sector. Reshoring of industrial know-how from Asia is triggering substantial investment in the construction of new production plants. This also opens vibrant sales markets for Sika’s macro fiber technologies in the US.
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