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Rio Tinto a Champion of FNQ

The Queensland Resources Council (QRC) has applauded the significant achievements by Rio Tinto’s Amrun bauxite project near Weipa with diversity in its workforce and investment in supporting local suppliers.

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Bauer AG on Track after the first Half of the Year 2018

  • Total Group revenues are 12.2% less than the previous year with EUR 792.3 million; sales revenues decreased by 13.6% to EUR 717.1 million
  • EBIT amounts to EUR 34.1 million (previous year: EUR 38.6 million); Earnings after tax improve to EUR 1.6 million (previous year: EUR 0.1 million)
  • Order backlog with EUR 1,000.3 million at high level (previous year: EUR 1,044.7 million)
  • Full-year forecast confirmed
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Epiroc Trading on Nasdaq Stockholm started

The shares of Epiroc AB, a leading productivity partner for the mining, infrastructure and natural resources industries, has started trading on Nasdaq Stockholm yesterday. This marks the start of Epiroc as a fully independent company following its separation from the Atlas Copco Group.  

“It is very exciting for us to now be listed on Nasdaq Stockholm and to start the journey as an independent company,” said Per Lindberg, Epiroc’s President and CEO. “We are proud of our long and productive heritage in the Atlas Copco Group, and at the same time we look forward to serving our customers in an even more focused way and to deliver customer and shareholder value.”

The Annual General Meeting of Atlas Copco AB decided on April 24, 2018, to distribute all shares of Epiroc AB to the shareholders of Atlas Copco AB. Atlas Copco shareholders have received one Epiroc share for each of their Atlas Copco shares. The total number of outstanding shares in Epiroc AB is 1 213 738 703, whereof 823 765 854 A shares and 389 972 849 B shares.

Epiroc serves customers in the mining, infrastructure and natural resources industries in more than 150 countries. The company focuses on providing equipment, services and solutions that enhance productivity, safety, and cost efficiency for its customers – for instance, Epiroc is advancing the drive toward fossil-free mines with its growing fleet of battery-operated mining vehicles, and it is at the forefront of automation solutions for the industry.  

Source: Epiroc

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Bauer Resources GmbH with new dual Leadership

For three decades, Johann Mesch was at the top of Bauer Umwelt and, since 2010, of Bauer Resources GmbH. On April 1, he left his post and since then Peter Hingott (chair.) und Dr. Roman Breuer have formed the new dual leadership. But although he has definitely earned his retirement, Johann Mesch is not saying goodbye just yet. He has taken on interim management post for the Bauer Training Center GmbH and will remain available to take on special tasks from Bauer Resources.

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QRC welcomes new Resources Taskforce

Queensland Resources Council (QRC) has welcomed the new taskforce announced by the Minister for Resources and Northern Australia Senator Matt Canavan tasked with ensuring Australia’s resources sector remains internationally competitive.

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