01.09.2023

Metso’s headquarters moves to Matinkylä, Espoo

Metso moves its headquarters to Matinkylä, Espoo, in September 2023, and at the same time ends activities in the current headquarters in Sanomatalo, Helsinki.  

31.08.2023

Australia: 400 mine jobs in limbo due to Queensland Government decision on QCoal’s Glenden

The State Government’s decision to pass legislation forcing mining company QCoal to accommodate its employees in the Central Queensland town of Glenden from 2025 onwards was made without consulting the people most affected, the Queensland Resources Council (QRC) said today.  

Market-Place-4.0 Krank ELEBBRE

30.08.2023

Elebbre uses latest auction tech to remarket mine and construction equipment in Chile

Elebbre uses latest auction tech to remarket mine and construction equipment in Chile

Global engineering, procurement and construction giant Bechtel chooses Latin American equipment remarketing experts Elebbre to manage major auction of its equipment from mega mines’ expansion and desalination plant construction – all underpinned by the latest auction technology from Krank.

The expansion of the world’s largest copper mine in northern Chile has prompted a renewal of a proportion of the mobile fleet based there, resulting in a surplus of used construction equipment for the mines’ expansion operators. The task of managing the sale of equipment such as dump trucks, boom trucks and cranes for one of the world’s top five construction companies – Bechtel – has fallen to Latin American equipment experts Elebbre.

Access to high intent buyers

The sale of the machines is to be by auction with Elebbre adopting the latest online marketplace platform from UK SaaS provider Krank. Using the Krank platform means that Elebbre can manage the entire auction and sale process itself, rather than having to rely on the support of third-party auction houses.

The platform connects construction industry peers by providing an innovative solution for building networks and connections, via which new and used equipment can be remarketed. Its platform is being used by major equipment OEMs, rental companies and others with equipment fleets, and gives users access to a network of high-intent buyers, which helps to convert into sales faster, with reduced costs and improved revenues.

“The Krank platform has been customized to our needs and provides a seamless trading experience for ourselves as sellers, and for our buyers. It will be a key component in achieving favorable market prices for these assets, maximizing transparency in the negotiation process and accurately valuing assets, via certified inspection methodologies and reporting,” says Elebbre’s Co-Founder and General Manager, Moisés Nunez.

“Elebbre has a strong reputation for using the most innovative thinking for the commercialization of equipment in Latin America; combining technology with extensive experience in the mining, agriculture and transport sectors,” says Krank founder and CEO Mark Turner. “It’s therefore no surprise that such a globally respected mining support giant such as Bechtel has entrusted the sale of its equipment to Elebbre. Adding in our platform to this mix allows Elebbre to independently trade heavy equipment under its own brand, run its own timed and live video auctions and facilitate greater customer engagement.”

About Krank

Krank is an enterprise-grade SaaS platform that provides a new way to remarket used equipment. Subscriber-branded, it helps customers sell faster, improve revenues and scale both brands and businesses. UK headquartered, Krank enables customers to manage the process and keep direct control of their network, data and processes. Krank Enterprise leverages the network effect, so customers can reach more high-intent buyers, convert faster, reduce conversion costs and improve sales revenues. With full end-to-end control over sales data – plus Krank’s built-in analysis, customer analytics and forecasting – customers can generate actionable insights and influence buyer behaviour.

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29.08.2023

Orica's new ORBS - centralised electronic blasting system - offers greater safety, productivity and versatility

ORBS™ (Omni Remote Blasting System) is Orica’s latest generation centralised, electronic blasting system and is now available to i-kon™ and eDev™ customers. It is designed to provide operations with the ability to safely initiate multiple development headings and production blasts concurrently from a remote, central location.  

29.08.2023

Swedish Proplate releases record sales also thanks to German business

Proplate Oxelösund AB, Swedish manufacturer of complex steel parts and assemblies for the construction and special vehicle industries, has achieved record sales of SEK 429 million (around EUR 36 million) in the past fiscal year. In SEK terms, this represents an increase of around 18% on the previous year and a doubling within the last three years.