FLSmidth confirms final agreement to buy thyssenkrupp’s mining business for €325 million, closing H2 2022
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FLSmidth confirms final agreement to buy thyssenkrupp’s mining business for €325 million, closing H2 2022
July 29, 2021

FLSmidth and thyssenkrupp Industrial Solutions AG (a fully owned subsidiary of thyssenkrupp AG) have reached an agreement that FLSmidth will acquire thyssenkrupp’s Mining business (TK Mining) for a total consideration (enterprise value) of €325 million, corresponding to approximately DKK 2.4 billion. Closing of the transaction is expected in H2 2022 and is subject to customary[…]

IPCC gurus make a compelling case again for the right projects with Datamine’s Snowden
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IPCC gurus make a compelling case again for the right projects with Datamine’s Snowden
July 5, 2021

Two of the most experienced global experts in in-pit crushing and conveying (IPCC) technology application in mining are Phil Morriss and Doug Turnbull, who amongst other positions formerly held have been Sandvik VP Mining Technical Services and Principal Mining Engineer, Sandvik Mining Systems, respectively, but have also completed extensive work on a consultancy basis specialising[…]

NACCO’s Falkirk lignite mine in North Dakota gets reprieve; but its mining contract at Navajo coal mine in New Mexico to end
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NACCO’s Falkirk lignite mine in North Dakota gets reprieve; but its mining contract at Navajo coal mine in New Mexico to end
June 30, 2021

Interesting news from two of the largest US coal mining operations. NACCO Industries, Inc has announced that its wholly owned subsidiary, The Falkirk Mining Company, has entered into a new Coal Sales Agreement (CSA) with Rainbow Energy Center, LLC that becomes effective concurrent with Rainbow Energy’s acquisition of the Coal Creek Station power plant in[…]

Another major Indian coal mining contract awarded as Power Mech gets 25 year, $1.25 billion MDO from Central Coalfields
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Another major Indian coal mining contract awarded as Power Mech gets 25 year, $1.25 billion MDO from Central Coalfields
June 28, 2021

Power Mech Projects Ltd, one of India’s leading industrial services and construction companies, its says “providing versatile and comprehensive services in power and infrastructure sectors,” has been awarded a major new Mine Development & Operation (MDO) contract from Central Coalfields Ltd (CCL),a subsidiary of Coal India Ltd, worth INR 9,294 Crores (equivalent to over $1.25[…]

ITOCHU & CSN Group commit to decarbonisation & digital initiatives for Casa de Pedra iron ore mines in Brazil
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ITOCHU & CSN Group commit to decarbonisation & digital initiatives for Casa de Pedra iron ore mines in Brazil
June 14, 2021

Japan’s ITOCHU Corporation says a memorandum on SDGs collaboration has been signed with the Brazilian CSN Group “as a model case for initiatives, along with the implementation of business partnerships with companies in Japan and abroad that possess excellent technologies, with the aim of promoting decarbonisation and digital transformation (DX) in the field of metals[…]