Epiroc released its Q4 2023 results today, and the overall trend with regard to mining was very positive. In the quarter, Epiroc’s order intake increased to MSEK 14,388, corresponding to an organic growth of 7%. Within mining specifically, the activity levels were high, and the OEM won several large orders. Mining customers represented 84% (79) of[…]
Allison Transmission has announced a strategic partnership agreement with China’s SANY, the global heavy equipment manufacturer for the mining and construction markets. Allison will supply its family of Off Road Series™ (ORS) and Wide Body Dump Series™ (WBD) transmissions for integration into their lineup of mining vehicles including the next-generation SANY SKT105 wide body mining[…]
The Michigan Economic Development Corporation (MEDC) announced that the Michigan Strategic Fund (MSF) has approved support and incentives for Fortescue, the global green energy, metals, and technology company, to establish a US Advanced Manufacturing Center in Detroit, Michigan. As Fortescue first announced in front of world leaders at APEC last year, the Piquette Avenue facility[…]
In another major development in the large geared drives market in mining, on 22 January 2024, FLSmidth through FLSmidth Cement, sold its MAAG gears and drives business to the Swedish investment company, Solix Group AB. The transaction is expected to close during the first quarter of 2024 and includes all related assets, including intellectual property,[…]
Bradken, a wholly owned subsidiary of Hitachi Construction Machinery Co., Ltd, has purchased the land, buildings and some facilities necessary for a foundry from Fundacion Technologica S.A. (Funtec), a manufacturer of steel castings for mining sites in Peru. Bradken says it aims to rapidly supply products and further expand its mill liner business to respond[…]
Electrification solutions from Epiroc support mining customers as they transition towards using Battery Electric Vehicles (BEV). The latest addition to the portfolio is a new type of service agreement offering an opportunity for customers to own the battery and at the same time benefit from the latest updates and service. Batteries with Service is a[…]
UK-based Tan Delta Systems, a manufacturer of real-time oil quality monitoring sensors and systems, says is leading the way within the mining and mineral processing sectors with the launch of SENSE-2. The new oil condition monitoring kit provides real-time data about machine oil quality to optimise maintenance and reduce operating costs. The SENSE-2 is plug-and-play[…]
Ero Copper Corp has provided a construction update for the Tucumã Project, highlighting significant progress since October 2023. With physical completion now at over 85% and production of copper concentrate scheduled to commence in H2 2024, the company has initiated the transition from construction to commissioning, as outlined below in the 2024 commissioning plan. The[…]
Hitachi Construction Machinery Co Ltd says it has completed the test machine version of an engineless, full battery rigid frame dump truck and on January 20, 2024, the test machine will be shipped from Hitachi Construction Machinery’s Hitachinaka-Rinko Works in Japan to the Kansanshi copper and gold mine operated by First Quantum Minerals Ltd in[…]
Epiroc has won a multi-year order that is its largest ever for digital solutions, from mining company Codelco in Chile. The package of advanced digital solutions it says will strengthen safety and productivity at the El Teniente copper mine. Codelco, the world’s largest copper producer, has ordered a combination of digital solutions that will –[…]