Students will learn from industry experts through classrooms and field training about the process and best practices of installing hollow bar micro piles for soil stabilization. All aspects of hollow bar installation will be taught including the following:
More than 13,500 people have so far (January 2023) signed an indemnity agreement to compensate for the damage caused by the failure of the B1 Tailings Dam in Brumadinho and evacuations in other areas. For people living close to Vale’s dams, safety has been reinforced. For example, in 2022 alone, the company dismantled five more upstream dams, taking the total number to 12 since 2019.
The Queensland Government needs to urgently reconsider its decision to introduce the world’s highest coal royalty tax after Australia’s biggest mining company BHP said it was a contributing factor in its decision to sell off two major Central Queensland mines. Queensland Resources Council (QRC) Chief Executive Ian Macfarlane said the company again warned the Government’s royalty increase makes Queensland uncompetitive in attracting investors.
GlobalData report – Energy transition drove 25 Prozent of the top 20 M&A deals in mining in 2022
Energy transition was the key driver behind 25% of the top 20 mergers and acquisitions (M&A) deals in mining in 2022, as the industry responded to consumer and shareholder demand for portfolio diversification and sustainability, says GlobalData, a leading data and analytics company.
Decarbonization efforts increased the demand for enabling metals
GlobalData’s report ‘Mining Industry M&A Deals by Top Themes in 2022,’ reveals that energy transition was an essential driver of M&A deal activity in the mining sector due to growing calls for decarbonization. Global efforts to decarbonize are increased the demand for metals like cobalt, nickel, and lithium. These metals are crucial for renewable power and electric vehicle (EV) production, which will play a vital role in the transition to clean energy.
William Tyson, Associate Analyst, Thematic Intelligence at GlobalData, comments: “Mining companies are shifting their portfolios to focus more on future-facing metals. The shortages of these metals and the growth in demand for EVs have prompted M&A deal activity as mining companies consolidate to fill the gap in supply. GlobalData predicts that global EV production will exceed 30 million vehicles by 2031, and mining companies will have to upscale to provide the essential metals required to produce EV batteries and meet demand.”
Mining companies are responding to government EV subsidies
EV demand and the price of enabling metals are increasing globally, and mining companies are trying to capitalize on this. Government benefits have helped stimulate the demand for EVs, leading to a supply deficit of crucial metals for battery production. However, the subsidies on EVs in many countries will end in the coming year.
Tyson concludes: “Government assistance through subsidies and tax credits are heavily incentivizing the development of green technologies, most notably through the Inflation Reduction Act in the US. Mining companies can benefit from producing the metals that are crucial for the development of green energy and can be rewarded through large subsidies. This has catalyzed energy transition-led deal activity in the mining space.”
From first Ideas to Implementation – Satisfaction is guaranteed when we are enthusiastic about what we construct!
Enthusiasm about what we do when we build something is an important key to job satisfaction; communicating this to others, valuing people we deal with, and attracting skilled personnel in future gen...
Konrad Behnke studied geology in Germany with a semester and internship abroad. He left his comfort zone during the corona pandemic – travelling first to Scandinavia. He has been working as an...
Dams and reservoirs are suffering from increasing siltation as a result of sediment deposition. This poses a threat to drinking water supplies, flood defences and flora and fauna in the downstream reaches and also compromises hydroelectric power generation systems. An efficient and sustainable sediment management regime is therefore urgently needed....
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