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JD Neuhaus

Flender to expand in Western Australia with a new purpose-built Facility

Flender, a leading global supplier of mechanical drives and a subsidiary of technology giant Siemens has announced plans for a expansion into Western Australia with a new state-of-the-art facility in Tonkin Highway Industrial Estate in Bayswater. The move comes as Flender continues to grow in the region and looks to expand its operations in Western Australia to meet increasing customer demand, especially in wind energy and mining sectors.

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Anglo American secures Future of Woodsmith Polyhalite Project in UK

On 20 January 2020, the boards of Sirius Minerals Plc (Sirius), Anglo American plc (Anglo American) and Anglo American Projects UK Limited (Bidco) announced that they had reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Sirius by Bidco (the Acquisition), to be implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act (the Scheme).

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Metso celebrates First Pour for new Vadodara Foundry in India

 

Metso announced in 2018 a greenfield foundry project in Vadodara, India, with a target to increase the casting wears capacity for the mining and aggregate industries. The First Pour event was celebrated in India today, and the foundry will start production for customer deliveries for local and global markets in February.

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IFC and Partners support major hydro-electric Plant in Nepal

IFC, a member of the World Bank Group, and a consortium of other lenders today finalized a $453 million debt financing package that will support the construction of a landmark hydroelectric plant in central Nepal. The plant will increase Nepal's electricity supply by one-third from today’s levels and provide clean, reliable power to up to 9 million people, part of a larger effort by IFC to create markets and fight poverty in the country.

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Keliber appoints financial Advisors for the Lithium Project Investments

Keliber Oy has appointed Carnegie Investment Bank AB and Nordea Bank Abp as advisors for the equity financing for the Company’s mining and lithium chemical production project. Carnegie will be the Global Coordinator for the equity financing. Together with Company, the advisors will explore different financing options, including possibilities for an Initial Public Offering (IPO) through a listing of the Company’s shares, for the construction of the Lithium Project.

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