Archives: Steel and iron ore

Rio Tinto and Volvo Group have signed a Memorandum of Understanding (MoU) to create a strategic partnership where Rio will supply responsibly sourced low-carbon products and solutions to Volvo Group, however, it also states that the companies will work towards decarbonising Rio Tinto’s operations through piloting Volvo Group’s sustainable autonomous hauling solutions. Volvo’s autonomous hauling[…]

TNG Limited, an Australia-based resources company, has awarded Metso Outotec a study looking at reducing Mount Peake Ti-V magnetite concentrate using Circored™ technology, which uses hydrogen as its only reductant source. As part of the study, Metso Outotec will perform a techno-economic assessment to integrate Circored technology into TNG’s TIVAN® process that provides for the[…]

Sandvik Mining and Rock Solutions in southern Africa says it has very effectively transitioned its operations to Khomanani, its new high-tech head office facility, workshop and manufacturing complex in Kempton Park, Johannesburg. The facility was officially opened by his Excellency President Cyril Ramaphosa today. Representing an investment of ZAR350 million, Khomanani – which accommodates approximately[…]

Autonomous reverse circulation drill developer Tribe Tech has secured £760,000 of funding from HSBC UK. Tribe Tech is using the funding – which is backed by UK Export Finance – to build the first full scale prototype of what it says will be the world’s first fully autonomous RC drill at its base in Belfast.[…]

Copperstone Resources AB and GreenIron H2 AB are starting a joint development project, based on GreenIron’s fossil-free reduction process and Copperstone’s future by-product flows from planned copper and magnetite mining. The project intends to optimise material handling both before and after GreenIron’s process. Copperstone will contribute with material handling and analysis and GreenIron will contribute[…]

Mining company Kaunis Iron is investing in making its transport of iron ore completely fossil-free. Together with Volvo Trucks, heavy electric trucks of 74 t will be tested as part of a unique project. Kaunis Iron plans to invest half a billion SEK in new electric trucks. Today, Kaunis transports its ore over a 160[…]

Following an announcement of a change in strategic direction back in July, Berco has announced the launch of ‘Berco Aftermarket S.r.l.’, a new company exclusively dedicated to serving the Aftermarket worldwide. The new company, which will service all countries apart from the North American region, which will be covered by Berco of America, is 100%-owned[…]

Mincon says it is pleased to announce the signing of the first commercial contract for its Greenhammer system. It said this milestone is the culmination of many years of development work and is the first step toward revenue generation “with a unique drilling system that has a transformational potential for Mincon and the hard rock[…]

On September 1, 2022, one of the largest mining equipment and technology deals in history was completed as FLSmidth closed its acquisition of the Mining business of thyssenkrupp AG first announced in July 2021, following the approval from regulators globally. With immediate effect, thyssenkrupp Mining becomes part of FLSmidth. But what does it mean for[…]

Anglo American’s innovation-led approach to sustainable mining, FutureSmart Mining™, and a willingness to collaborate with industry parties, has enabled it to achieve a major milestone in longwall operation: 100% machine automation. This work was recently recognised at the Queensland Mining Awards where team members received the METS Ignited Collaboration Award. Billed as delivering a significant[…]