02.11.2023

Webuild: giant cutting head of TBM Stefania that excavated the M4 in Milan now at Museo Nazionale Scienza e Tecnologia

Exceptional overnight transport for TBM featured in Webuild Triennale exhibition  

02.11.2023

MIT-Engineers develop an efficient process to make fuel from carbon dioxide

The approach directly converts the greenhouse gas into formate, a solid fuel that can be stored indefinitely and could be used to heat homes or power industries.

The search is on worldwide to find ways to extract carbon dioxide from the air or from power plant exhaust and then make it into something useful.  

Market-Place-4.0 Anglo American

01.11.2023

Anglo American Board Changes - John Heasley new Finance Director

Anglo American Board Changes - John Heasley new Finance Director (credits: Anglo American)

Following the announcement made on 27 July 2023, the Company announces that John Heasley will join Anglo American and its Executive Leadership Team ("ELT") as Finance Director, and as an executive director on the Board of Anglo American plc on 1 December 2023.

Stephen Pearce, who has served as Finance Director since April 2017, will step down from the Board and ELT with effect from the same date and has agreed to remain employed by Anglo American until 29 February 2024 to continue to support the transition.  His remuneration arrangements on retiring will comprise a payment in lieu of unworked notice and good leaver treatment in respect of outstanding share awards. Mr Pearce will receive a bonus payment for 2023, which will be paid in cash and deferred shares as normal, and a pro-rated bonus payment in respect of time served to 29 February 2024, which will be paid fully in cash. Mr Pearce's unvested Long Term Incentive Plan ("LTIP") awards will be pro-rated in respect of time served to 29 February 2024 and vest at the normal time, to the extent that the performance conditions have been satisfied. He will not receive any further awards under the LTIP. These arrangements are in line with Anglo American's current remuneration policy and practice. Mr Pearce will continue to receive his normal salary, pension and benefits up to the date of cessation of employment.

Following his retirement, Mr Pearce will be expected to maintain a minimum holding of Anglo American shares of three times his salary on cessation, for a period of two years.

Source: Anglo American

#personalities #mineral resources #diamonds #platinum #copper #iron ore #United Kingdom (GB) #Anglo American #Mining

                     

01.11.2023

HYBRIT: LKAB will be responsible for the construction of the demonstration plant in Gällivare

LKAB and Hybrit Development AB have submitted a supplementary application to the Swedish Energy Agency for support for the next step in the development of the HYBRIT initiative. The supplement clarifies that LKAB is responsible for the construction of the planned demonstration plant and will be the main recipient of any state aid.  

01.11.2023

Continental: Acquisition of Vertech AB in Kiruna - further strengthens Industrial Business in Sweden

• Conveyor and Maintenance Company Vertech AB will be integrated into Continental´s industrial solutions branch for Europe
• Kiruna will become Continental’s northernmost location with its important mining area

Continental has acquired the conveyor and maintenance company Vertech AB, based in Kiruna, Northern Sweden.