Tag Archives: ground engaging tools

Weir ESCO to automate GET changeouts

Automation, Equipment maintenance, Mining consumables, Mining equipment, Mining services, , , , ,

Weir Group says its ESCO division is working on an innovative solution that automates ground engaging tool (GET) changeouts, helping improve safety on mine sites.

In its annual report, released today, Weir said the GET Toolhead® would reduce the need for personnel to be in the pit, one of the most hazardous areas of a mine.

The new automated toolhead turns a hydraulic manipulator into a robot arm, according to Weir. It can securely grip and move GET, allowing it to replace parts weighing up to 500 kg.

“The movement of the toolhead is controlled remotely by a single operator, compared to teams of up to three people who would normally be required for a manual change out,” the company said.

Weir said in the report that it was continuing to commercialise this automated offering.

CQMS Razer bolsters North and South America mining business

Equipment maintenance, Mining consumables, Mining equipment, Mining maintenance, Mining mergers and acquisitions, Mining services, , , , , , , , ,

CQMS Razer has agreed to acquire California-based Berkeley Forge & Tool’s (BFT) mining products and associated IP, including patents, new product development pipeline, branding, and trademarks.

The Australia and US-headquartered technology and engineering company, owned by American Industrial Partners, said the acquisition was a strategic move to continue expansion of its global market presence. It will also complement its existing mining product range, it said.

CQMS Razer CEO, John Barbagallo, said the combined business would enhance capabilities to effectively supply and support the global mining sector, especially in the North and South American markets where BFT has been providing the industry with products for more than 50 years.

He added: “Together, we will broaden our product offering, increase our technology and solutions footprint, and enhance our supply chain capability.”

Based in Berkeley, BFT has been supplying mining equipment components into North and South America since the 1960s. This includes forged ground engaging tools.

Weir highlights Enduron HPGR and Terraflow tailings demand in H1 results

Comminution of minerals, Environmental, Equipment maintenance, Mineral processing, Mining equipment, Mining finance, Mining maintenance, Mining services, Sustainable mining, Water management, , , , , , , , , ,

The Minerals and ESCO divisions continued to stand out in Weir Group’s half-year 2019 financial results, with the two mining focused segments now representing around 75% of group revenues.

The Weir Group recorded revenue of £1.3 billion ($1.6 billion) in the first six months of the year, up from £1.07 billion a year earlier prior to the ESCO acquisition. Operating profit, meanwhile, was £172 million, up 25% year-on-year, with the Minerals division posting an operating margin of 17.2% and ESCO recording a margin of 14.1% (up 300 basis points from a year earlier).

In addition to Minerals and ESCO now commanding some 75% of group revenues, the two’s recurring aftermarket sales also now represent about 80% of total revenues.

In the first half of 2019, Minerals orders grew 5% with aftermarket orders up 8%, reaching record levels, according to Weir. “Original equipment orders, which are traditionally lumpier, fell by 2% year-on-year, but returned to growth in Q2 (June quarter) and this is expected to accelerate in the second half,” the company said.

ESCO, meanwhile, recorded a 5% increase in pro-forma revenues to £280 million, with annualised cost savings of $20 million ahead of schedule when it comes to the company’s medium-term target of achieving $30 million synergies.

During the period, original equipment demand within the Minerals segment benefited from miners continuing to expand current operations and investment in new mines, with demand for new technologies that increase efficiency and sustainability while lowering total costs, Weir noted.

This included strong demand for the company’s Enduron® HPGR (high pressure grinding roll) technology that reduces water and energy consumption, the company said, adding that the company had been contracted to support a large greenfield development in the UK in the period.

Weir said it also saw growing interest in its Terraflow® solution to enable tailings waste to be cost-effectively recycled or repurposed. This equipment brings wet tailings down to 90% solids paste to be pumped into a containment area or used for paste backfill.

The company added: “Aftermarket demand was strong, due to production growth and structural trends. These include continued ore grade declines that increase the amount of rock that needs to be processed, intensifying wear and tear and leading to additional demand for spares and services,” the company added.

During the period, Weir also added a new Minerals service facility in Alaska, which, it said, gives the division the ability to rapidly respond to demand for spares and services and is a “key differentiator in need-it-now mining markets, where production intensity is increasing, and the costs of unplanned downtime are significant”.

The company’s technology work continued to focus on incremental innovations and “Mine of the Future developments” aimed at solutions that are smarter, more efficient and sustainable, Weir said. This included focusing research and development on new pump and alloy designs, digitisation, ore hoisting, hybrid separation and tailings management.

Weir ESCO benefited from the same macro mining trends as its Minerals segment including increased ore production and the focus by mining customers on optimising productivity, the company said.

“This supported demand for differentiated technology that is proven to sustainably increase efficiency,” it said.
The first half of the year saw early market share gains for the N70 Nemisys® lip system, which extends the division’s Nemisys technology – featuring a cast or plate lip with shrouds and a three-piece tooth system. This is currently being trialled on smaller machine classes including wheel loaders, Weir said. “The N70 improves customer productivity through increased wear life, lower fuel consumption and reduced maintenance costs.”

The company also launched its GET Detect System during the period, an innovation it worked with Australia’s Mining3 on that provides instant feedback to the machine operator if one of the ground engaging tools used to extract minerals is lost or damaged.

Demand for ground engaging tools leads Weir to invest in ESCO Newton plant

Mining equipment, Mining services, , , , ,

The Weir Group says it is investing an additional $15 million in its Newton manufacturing facility, in Mississippi, US, as part of a total $50-million plan to support an additional 150 jobs at the ESCO division plant.

When the investment programme is complete, employee numbers will be more than 400, a 60% increase from 2016, Weir Group said.

The Newton facility, one of Weir’s largest manufacturing operations, produces ground engaging tools for mining and infrastructure needs and was brought into the group with last year’s acquisition of ESCO. The expansion is slated to be complete by August 2019, Weir Group said.

Weir Group CEO, Jon Stanton, said: “The equipment we make in Mississippi is exported around the world and the increased demand from our mining and infrastructure customers gives us great confidence in the future.”

The Mississippi Development Authority (MDA) is providing assistance for workforce training, as well as statutory tax exemptions, according to Weir.

MDA Executive Director Glenn McCullough, Jr, said: “The Weir Group’s ESCO division with its talented employees show the world each day that global manufacturing leaders find the people and place needed for success in Mississippi. For nearly 50 years, ESCO’s workforce has enabled the company to achieve its goals by producing top-quality mining equipment used around the world, and this continued corporate investment demonstrates Weir’s commitment to doing business in our state.”

Approximately 80% of the products manufactured at the Newton facility are exported. This makes Weir’s ESCO division the world’s leading supplier of ground engaging tools for the mining industry, Weir said. The facility began operations in Newton in 1971.