Demand from the mining and construction sectors saw Caterpillar’s sales and revenue jump 5% in the March quarter, the equipment manufacturer has reported. Sales and revenue came in at $13.5 billion in the first three months of the year, compared with $12.9 billion a year earlier, with the company’s profit per share rising to $3.25/share[…]
Wenco International Mining Systems is pleased to advance the Hitachi Construction Machinery (HCM) Group’s vision for autonomous mining — an open, interoperable ecosystem of partners that integrate their systems alongside existing mine infrastructure. Grounded in support for ISO standards and a drive to encourage new entrants into the mining industry, HCM is pioneering this open[…]
Metso’s March quarter results were bolstered by a rise in orders, sales and profit margin in the Minerals division, the company reported today. Metso posted an operating profit of €100 million ($111 million) for the first three months of the year, up from €80 million a year earlier, with orders received increasing 18% year-on-year to[…]
As Normet continues its new technology push, it has decided to invest in its lisalmi facility in Finland, the company’s core production and research and development site. The company will put €3 million-5 million ($3.35 million-5.58 million) into building a new digital testing centre, expanding the production capability and investing in production automation, it said.[…]
Beginning in April, Minespider says it is to partner with Volkswagen in an initial pilot focusing on tracking the carmaker’s lead supply, working with suppliers and sub-suppliers accounting for more than two-thirds of the group’s total lead starter battery requirements. Volkswagen’s ultimate aim, according to the blockchain specialist, is to ensure all of its raw[…]
After six years of development and testing, Michelin North America, has introduced the MICHELIN® XDR® 3 surface mine haul tyre in size 27.00R49. Addressing the productivity and endurance issues found in today’s surface mines, the XDR3 – developed for a range of rigid dump trucks with payload capacity up to 400 tons (363 t) –[…]
The International Rock Excavation Data Exchange Standard (IREDES) and VDMA Mining, part of the Mechanical Engineering Industry Association (VDMA), have agreed to work together to address the industry’s growing interoperability needs. The cooperation agreement will provide a second way to exchange IREDES standardised data across mining operations, according to IREDES. IREDES is an established way[…]
Dana has added five facilities in China since the start of 2019 as it looks to strengthen the company’s capabilities for electrification and hybridisation across several markets, including the off-highway sector, throughout the region. The expansion is the result of Dana’s recent acquisition of the SME Group, as well as the Drive Systems segment of[…]
Xylem recently launched the latest in its series of smart pumps under its renowned Godwin brand as it looks to combat the toughest mining and construction applications. On show at the recent Bauma fair, in Munich, the new Godwin CD150S Dri-Prime dewatering pump, part of Godwin’s renowned S Series, will allow customers across Europe to[…]
Lighting and electronics expert HELLA says it became the first supplier to present a beacon that combines innovative design and state-of-the-art LED technology. The design beacon, presented at the Bauma fair, in Munich, earlier this month, allows manufacturers in the construction and mining industry to give their vehicles a unique appearance, according to HELLA. “The[…]