Archives: Mineral commodities

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[…]

OHLA is born, a new brand for the Madrid, Spain-headquartered global infrastructure group, with a total portfolio of more than $6.1 billion and a well known supplier of EPC services to mining. The new company is born with a strengthened balance sheet structure after reducing its overall debt in about $130 million and boosting its[…]

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[…]

MMC Norilsk Nickel (Nornickel), the world’s largest producer of palladium and high-grade nickel and one of the largest producers of platinum and copper, says its Kola Division is installing new electrolysis baths at the electrowinning plant. The company will install a total of 60 new baths, which have been purchased for RUB135 million ($1.83 million).[…]

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[…]

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[…]

On the afternoon of June 16, the trial operation ceremony was held with the first longwall equipment for a record 450 m intelligent, fully mechanised face mining face at Yubei Xiaobaodang Mining Company, part of Yubei Coal, itself owned by Shaanxi Coal & Chemical Industry Group Co Ltd (SHCC). Byron Zhang, General Manager of Komatsu[…]

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[…]

Norsk Hydro, the operator of the Paragominas bauxite mine in Brazil has announced a new research collaboration which will explore uses for bauxite residue. The two-year agreement is aimed at using bauxite residue from Hydro’s mining operations in the State of Pará in the construction industry, more specifically in the cement components sector. The research[…]

Major metals and mining companies CMOC, Eurasian Resources Group (ERG) and Glencore in collaboration with battery material supplier Umicore are piloting ReISource, a solution to trace responsibly produced cobaltfrom the mine to the electric car. A global EV pioneer and one of the world’s leading battery makers are also part of the pilot. Tested in[…]