09.05.2023

Glencore and Li-Cycle announce joint study to develop a European recycling hub, repurposing an existing Glencore metallurgical facility to be a large source of recycled battery grade lithium

• Expected to create the first European fully closed-loop solution from lithium-ion battery material inputs to battery-grade products; would be the largest source of recycled battery grade lithium as well as recycled nickel and cobalt in Europe
• Expected new Hub processing capacity of 50,000 to 70,000 tonnes of black mass input per year
• Definitive Feasibility Study to commence in mid-2023 and will leverage Li-Cycle’s leading technology and extend first-mover advantage to Europe
• Fast tracked timeline enabled through repurposing part of Glencore’s existing asset base in Portovesme, Italy  
  
  

09.05.2023

Hatch wins the TAC Infrastructure Achievement Award for the Kingston Third Crossing (Waaban Crossing) project in Canada

Hatch is proud to announce that it has won the Transportation Association of Canada's (TAC) Infrastructure Achievement Award for its work on the (Waaban Crossing) Kingston Third Crossing project. The award recognizes outstanding achievement in transportation infrastructure planning, design, and construction.  

08.05.2023

Metso wins order for supplying mill lining solutions to a copper and gold mine in South-East Asia

Metso has signed an agreement for the supply of metallic mill linings for SAG mills and Megaliner™ mill linings for ball mills to a copper and gold mine in South-East Asia. The customer selected Metso’s metallic mill lining solutions after a performance test.  

Market-Place-4.0 Hochtief AG

06.05.2023

Hochtief subsidiary Flatiron to develop transformative light rail project in Calgary in a joint venture

Hochtief-Tochter Flatiron entwickelt in Joint Venture transformatives Stadtbahn-Projekt in Calgary (Credits: Bow Transit Connectors (BTC))

Flatiron has been awarded a 16-months Development Phase JV contract for the largest infrastructure investment in Calgary’s history

The City of Calgary has selected Bow Transit Connectors (BTC) – a joint venture including HOCHTIEF subsidiary Flatiron – as the Development Partner to deliver Phase One of the transformative Green Line LRT project. It is the largest infrastructure investment in Calgary’s history – with CAD 5.5bn  (EUR 3.7bn) in commitments from Government of Canada, Government of Alberta and City of Calgary. This first phase will include 18 kilometers of dual light rail track, 13 passenger stations, 2 kilometers of underground tunneling, 9 major bridge structures including 1 kilometer of elevated guideway, and a 72-acre maintenance and storage facility. Construction is expected to begin in 2024.

Flatiron has been awarded a 16-month Development Phase contract in which members of Calgary’s Green Line team and the BTC team will collaborate together to develop the project design and work together to agree on project costs, risk balance, and overall construction schedule before executing a separate project agreement to construct the project.

Green Line LRT will provide significant transportation benefits by expanding mobility choice and providing rapid and direct connections between communities, employment hubs and destinations between the southeast and downtown Calgary.

“As part of the Bow Transit Connectors team, we look forward to bringing our expertise in delivering large scale infrastructure projects to enhance Calgary’s future,” said Ken Tanner, Vice President of Canada Operations for Flatiron. “We are proud to share the trust of the City of Calgary as we significantly improve the mobility of the local communities by delivering a reliable, fast transit service while contributing to sustainability by reducing traffic congestion and related emissions.”

The transformation of traditional transportation infrastructure to new sustainable mobility concepts is area of growth for HOCHTIEF: In Australia, CIMIC companies are part of the Canberra Light Rail PPP consortium, that is currently enhancing Canberra's world class light rail system with new wireless light rail vehicles, along with upgrades to the existing fleet, over a 20 year period. In Nuremberg, HOCHTIEF is currently expanding the metro system which is the fourth project being built by HOCHTIEF in this network.

This project in Calgary strengthens Flatiron’s infrastructure construction activities in Canada and is consistent with Flatiron’s strategy to build on successful relationships and to secure contracts offering balanced risk profiles and opportunities for enhanced collaboration with our clients.

Source: Hochtief AG

#sustainability #Bow Transit Connectors (BTC) #Barnard Constructors of Canada LP #Canada (CA) #Australia (AU) #Germany (DE) #public transport #contract award #planning #infrastructure #market development #joint venture #Hochtief AG #Tunnelling

                     

05.05.2023

Implenia’s acquisition of Wincasa successfully completed

• Unique, integrated service offering for all clients
• Additional, recurring earnings and higher-margin business
• Significant growth and synergy potential for Implenia Group
• Wincasa as a legally and operationally independent entity within Division Buildings

The acquisition of Wincasa was completed yesterday (closing); the leading Swiss real estate service provider is now part of Implenia with immediate effect.