01.05.2023

CIFA takes its ninety-five years of history to SaMoTer

How is it possible to relate almost a century of Made in Italy innovation? With technology for the future: electric and sustainable for the environment and for the people. CIFA will be at Samoter 2023 (area F stands 21-24) while celebrating its 95th anniversary.  

28.04.2023

Fugro’s Blue Essence completes world’s first fully remote offshore wind ROV inspection

The world’s first fully remote inspection of offshore wind farm assets has been successfully carried out by Fugro, using one of its Blue Essence® uncrewed surface vessels (USVs) with Blue Volta®, an electrical remotely operated vehicle (eROV). The inspection at the Aberdeen offshore wind farm in the North Sea (also known as the European Offshore Wind Deployment Centre) was jointly funded by Vattenfall and Offshore Renewable Energy (ORE) Catapult. This partnership gives innovators in the offshore wind supply chain the opportunity to test and prove technologies in real-world conditions to support innovation in operations and maintenance.  

27.04.2023

Lane (Webuild) jv named preferred team to upgrade Tampa’s Westshore Interchange project in Florida, U.S.A.

• Lane records €809 mln in new orders, acquired or to be finalised so far this year
• Lane’s order backlog reaches more than €3 bln

Lane, the U.S. subsidiary of the Webuild Group, and its joint-venture partner have been named preferred team in exclusivity for a project to modernise the Westshore Interchange (I-275/SR 60) in Tampa, Florida, a multi-year effort whose combined value is to total $1 billion (€943 million). The joint-venture, in which Lane has a 50% stake, has already signed a $10-million (€9.4 million) contract with the Florida Department of Transportation for the planning phase of the project.  

27.04.2023

Cimic´s Leighton Asia Wins Railway Project in Philippines

Cimic Group company Leighton Asia has been selected by the Philippines Department of Transportation to construct a section of the North South Commuter Railway System – South Commuter Railway Project (SCRP), a project that will ease road congestion around Manila. The Leighton-First Balfour joint venture will construct Contract Package S-03B (CP S-03B) for the project, generating revenue of approximately A$283 million for Leighton Asia.  

Market-Place-4.0 Boliden Group

25.04.2023

Boliden’s first quarter: Lower metal prices and lower mine production

Boliden’s first quarter: Lower metal prices and lower mine production

Revenues for the first quarter totaled SEK 19,962 m (21,812) and operating profit excluding revaluation of process inventory was SEK 3,020 m (4,466). Free cash flow totaled SEK -46 m (674).

“We have fundamentally high stability in all of our units. However, during the quarter several factors affected us, leading to production challenges, especially in our mines. At the same time, it’s pleasing that our major investment projects are proceeding according to plan,” says Mikael Staffas, President and CEO.

Operating profit in Boliden Mines decreased to SEK 1,197 m (3,115) mainly due to lower metal prices, lower volumes and increased costs. Aitik’s milled volume was lower than both the previous quarter and last year due to several production disruptions. Unfavorable winter conditions affected the Boliden Area, where frozen crushed ore in the mill required blasting. The milled volume was therefore lower than both the previous quarter and last year. Following the completion of an investment program, Garpenberg’s milled volume was higher than in both corresponding periods. However, unplanned repair shutdowns had a negative effect. Milled volume in Tara was lower than in the previous quarter, while the exploration drift toward Tara Deep became accessible once again. Milled volume was also lower in Kevitsa than both the previous quarter and last year, as a result of lower availability of the crusher.

In Boliden Smelters, operating profit excluding revaluation of process inventory increased to SEK 1,497 m (1,378). Improved premiums, USD and treatment charges, combined with higher produced volumes, had a positive effect. However, copper production was lower in Rönnskär and Harjavalta than in both the previous quarter and last year. In Kokkola and Odda production processes were stable, and the production of casted zinc rose compared to the previous quarter. Bergsöe's production was higher than both the previous quarter and last year.

The ongoing investment program, which includes the dam reinforcement measures in Aitik, extending the Kristineberg mine in the Boliden Area and the expansion of Odda, is proceeding according to plan.

Source: Boliden

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