Autonomous haulage tech innovator EACON raises new funds and looks to the future
READ MORE
Autonomous haulage tech innovator EACON raises new funds and looks to the future
November 29, 2023

EACON Mining Technology, an emerging major player in autonomous haulage systems (AHS), recently successfully closed its C round of equity funding, securing an impressive sum of approximately $55.22 million. Spearheaded by Richen Capital, with significant contributions from Shenyin & Wanguo Capital Management and existing investors like ESTAR Capital, this investment brings EACON’s total financing for[…]

Sandvik loaders, development drills and bolter heading to Byrnecut at Kathleen Valley
READ MORE
Sandvik loaders, development drills and bolter heading to Byrnecut at Kathleen Valley
November 24, 2023

Mining contractor Byrnecut has chosen Sandvik to supply automated loaders, underground drills and rock tools as it gears up to deliver underground mining services at the Kathleen Valley lithium project in Western Australia. Sandvik will supply Byrnecut with seven 21-t-payload Toro™ LH621i loaders with AutoMine®, three Sandvik DD422i development drills with Dual Controls and a[…]