Market-Place-4.0 Balfour Beatty

16.11.2023

Balfour Beatty appoints Nigel Russell as HS2 Major Projects Chief Executive Officer

Balfour Beatty appoints Nigel Russell as HS2 Major Projects Chief Executive Officer (Credits: Balfour Beatty)

Balfour Beatty has announced that Nigel Russell, currently Project Director of Balfour Beatty Vinci Systra’s HS2 Old Oak Common station project, has been promoted to HS2 Major Projects Chief Executive Officer, with effect from 01 January 2024.

Nigel will be responsible Balfour Beatty’s HS2 interests and will lead the delivery of Balfour Beatty Vinci’s HS2 Area North contracts, including any future package of works along this route, as well as the HS2 Old Oak Common station project. Nigel will report directly into Leo Quinn, Balfour Beatty’s Group Chief Executive.

Nigel joined Balfour Beatty in 1981 as a Graduate Engineer on the M25 Yeovney to Poyle project and has since directed several high profile and complex multidisciplinary transport projects in the road and rail sectors including the M1/A1 DBFO contract, the London Underground PPP, Crossrail, the West Coast Mainline upgrade and the M25 Connect Plus DBFO.

Michael Dyke, Chief Executive Officer, HS2 Major Projects, will be leaving Balfour Beatty at the end of this year to take up a new opportunity in Saudi Arabia. Since re-joining Balfour Beatty in early 2020, Michael has led the Group’s interests in HS2, Europe’s largest infrastructure project, mobilising and leading a 9,000 strong workforce which has made a major contribution to the reshaping of infrastructure in the UK, setting new standards and driving innovation in health safety, sustainability and diversity and inclusion.

Source: Balfour Beatty

#personalities #management #infrastructure #major projects #public transport #HS2 #Balfour Beatty

                     

16.11.2023

HS2 adopts hi-tech digital concrete testing to cut carbon on the project

• Hi-tech digital measurement revolutionises concrete testing for HS2
• Pioneering technology enables real-time monitoring, measurement, and management of fresh concrete properties during transportation
• Adoption across HS2 sites could cut 1,500 tonnes of carbon  
  
  

15.11.2023

Glencore acquires 77% interest in Teck´s steelmaking coal business

• Acquisition of a 77% interest in Teck’s steelmaking coal business for US$6.93 bn

Glencore plc (“Glencore”) announces that it has entered into a binding agreement with Teck Resources Limited (“Teck”), for the acquisition of a 77% effective interest in the entirety of Teck’s steelmaking coal business, Elk Valley Resources (“EVR”), for US$6.93 bn in cash, on a cash free debt free basis, subject to a normalised level of working capital.  

14.11.2023

SMT Scharf AG reports uptrend in Q3 2023

SMT Scharf AG (WKN A3DRAE, ISIN DE000A3DRAE2), one of the world’s leading suppliers of customised transport solutions and logistics systems for underground mining, posted consolidated revenue of EUR 54.1 million in the first nine months of the 2023 fiscal year (9M/2022: EUR 59.6 million). This corresponds to a decrease of 9.2 % compared to the previous year. In the third quarter of 2023, however, SMT Scharf recorded an upward trend, with revenue and earnings exceeded the previous year’s level. The SMT Scharf Group increased its revenue slightly by 1.4 % year-on-year to EUR 22.4 million (Q3/2022: EUR 22.1 million), reflecting a brightening of the business climate in the mining markets of relevance to the Group.  

14.11.2023

Sandvik developing new test mine in Finland to support future surface drilling technologies

In support of the shift towards electrification and the advancement of autonomous and optimization technologies in surface drilling, Sandvik has acquired a new testing facility in Finland to develop and prove future surface drilling technologies.