16.10.2023

Normet enters into a new market by launching Normet Xrock - hydraulic breakers, pedestal breaker booms, boom automation system Xrock Automation

Following the acquisition of Rambooms and Marakon in the beginning of 2023, Normet’s long-standing technology experience and customer support network is now reinforced with the world-leading products and solutions for rock breaking.  

Market-Place-4.0 Anglo American

12.10.2023

Anglo American appoints Matt Walker as CEO of Marketing business

Anglo American appoints Matt Walker as CEO of Marketing business - The Hydraulic Dewatered Stacking (HDS) at Copper´s El Soldado, Chile (credits: Anglo American)

Anglo American plc announces the appointment of Matt Walker as CEO of its Marketing business, following Peter Whitcutt’s decision to step down after 33 years with Anglo American. Matt will take up his new role and join Anglo American’s Executive Leadership Team, with effect from 1 December 2023.

Matt Walker joined Anglo American’s finance team in 2007 and has served as group Head of Corporate Finance since 2021, following three years as Group Treasurer. He has held a number of senior finance and other roles across Anglo American, including as CFO of the copper business in Chile.

Duncan Wanblad, Chief Executive of Anglo American, said: “I am delighted that Matt will be joining our Executive Leadership Team as CEO of our Marketing business – an increasingly important value driver for Anglo American as our primary interface with our major industrial customers. Matt’s financial and commercial experience gained across both corporate and business roles stands him in excellent stead to continue to develop our Marketing platform to match our wider strategic ambitions for Anglo American.”

Matt Walker said of his appointment: “I’m excited to take on the leadership of our global Marketing business. We have considerable opportunity to build out our end-to-end commercial offering for customers, ensuring that they experience a reliable supply of responsibly sourced, premium quality metals and minerals that meet their own standards, as well as those of their end consumers.”

Duncan Wanblad added: “We are hugely grateful to Peter Whitcutt for his outstanding contribution to Anglo American over more than 30 years. Peter has applied his incisive capabilities to many of Anglo American’s defining transactions and other developments over that time, including building our Marketing business over the last 10 years to deliver a valuable range of materials solutions for our customers.  On a personal note, and having joined the group together in 1990, I know we all wish Peter the very best in his next endeavours.”  

Peter Whitcutt commented: “Anglo American has brought me a fabulous variety of experiences throughout my career and I’ve been privileged to always work with such diverse and talented colleagues who have a real sense of purpose and commitment to our values. A real highlight has been developing the full breadth of marketing and trading capabilities and customer-centric services from our commercial hubs around the world. After ten years in role, I feel this is the right time to hand over the baton and I wish Matt and the team every success in continuing to grow the value of our Marketing business and its increasingly significant contribution to Anglo American.”

Source: Anglo American

#personalities #Anglo American #Mining #surface mining, quarrying #underground mining

                     

12.10.2023

ExxonMobil mergers with Pioneer Natural Resources in an all-stock transaction

Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per share, based on ExxonMobil’s closing price on October 5, 2023.  

11.10.2023

REE Minerals announces Mineral Resource Estimate confirming Europe’s largest deposit of light rare earth elements

A recent Mineral Resource report confirms REE Minerals AS’s belief that it holds Europe’s largest known deposit of light rare earth elements. These elements are indispensable in various technological products, and the EU has recently presented a strategy to increase production in Europe.  

11.10.2023

DNV Energy Transition Outlook: Renewables still not replacing fossil fuels in the global energy mix

Over the last five years fossil fuels have met only half of the new demand for energy globally, despite a rapid buildout of renewable capacity, according to DNV’s Energy Transition Outlook. The report finds that between 2017-2022 renewables met 51% of new energy demand, whilst the remaining demand was supplied by fossil fuels.