Hexagon announces acquisition of indurad plus its AHS subsidiary xtonomy
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Hexagon announces acquisition of indurad plus its AHS subsidiary xtonomy
November 21, 2024

Hexagon has announced the acquisition of indurad, a global leader in radar and Real-Time Location Systems (RTLS) technologies, along with its autonomous haulage subsidiary, xtonomy. It said: “This strategic move underscores Hexagon’s commitment to advancing mine productivity, safety, and autonomy through cutting-edge technology.” Key cited benefits of the acquisition are enhanced mine safety using indurad’s advanced[…]

Mill relining tech major RME sale to NRFC & Resource Capital Funds partnership
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Mill relining tech major RME sale to NRFC & Resource Capital Funds partnership
November 19, 2024

RUSSELL MINERAL EQUIPMENT (RME) has entered into a transitional sale agreement with Resource Capital Funds (RCF) and the Australian Government’s National Reconstruction Fund Corporation (NRFC). The agreement RME says will strengthen its future, honour the growth and potential of the company, while ensuring it remains an Australian-owned and operated company based in Queensland. The NRFC is[…]