Tag Archives: Kari Hämäläinen

Normet moves to acquire remaining stake in Finland-based start-up Lekatech

Environmental, Mining equipment, Mining mergers and acquisitions, Mining services, Power supply for mines, Sustainable mining, , , , , ,

Normet, looking to lead the electric tranformation in the industry, has announced that it has acquired the full ownership of Lekatech.

Earlier in 2023, Normet announced its minority investment in Lekatech, a Finnish start-up company founded in 2018 with the ambition to revolutionise hammering technologies by introducing linear electric technology for hammering applications.

Lekatech calls itself a pioneer in electric hammering technologies used in the mining, quarrying and construction industries. The company has its premises in Iitti, Finland.

For Normet, the investment aligns with its overall strategy for expanding its electric offering portfolio and demonstrates its search for related, mutually beneficial technologies. The fully-electric hammer, combined with Normet SmartDrive® battery-electric architecture and Normet XRock® boom and breaker systems, will define the future of underground scaling and breaking.

Kari Hämäläinen, Executive Vice President, Strategic Business Development at Normet, said: “Lekatech’s revolutionary linear electric hammering technology further strengthens our resolve to lead the electric transformation in the industry. We are proud of what has been achieved at Lekatech and we now look forward to the next steps in the joint journey. We are excited to welcome Lekatech’s experts to Normet.”

Antti Anttila, CEO, Lekatech, added: “Normet enables us to expand and speed up the adoption of the electric hammering technology across industries on a global scale. Having collaborated with Normet for several years we have realised that there is a strong cultural fit and that we share the same values.”

Following the transaction, Lekatech will continue to operate as an independent company as part of the Normet Group.

Normet gears up for fully-electric and diesel-powered machine growth

Automation, Environmental, Explosives and blasting, Mine shafts and equipment, Mining equipment, Mining services, Sustainable mining, , , , , ,

As Normet continues its new technology push, it has decided to invest in its lisalmi facility in Finland, the company’s core production and research and development site.

The company will put €3 million-5 million ($3.35 million-5.58 million) into building a new digital testing centre, expanding the production capability and investing in production automation, it said. The target is to improve productivity in lisalmi to ensure both competitiveness and to have manufacturing capacity to support business growth.

The announcement came shortly after Normet launched a fully-electric offering for mining and tunnelling construction at the recent Bauma fair in Munich, earlier this month.

Its SmartDrive technology is a sophisticated and fully-engineered battery-electric architecture able to operate underground totally emission-free, saving costs at the same time, it says.

The company also used the event to showcase its SmartScan 3D laser scanning technology to validate the spraying quality and SmartSpray, the next step towards fully-automated concrete spraying technology, according to Normet.

In the latest lisalmi announcement, Normet said it expected the demand for both for fully-electric and diesel-powered machines to grow, hence its planned investment.

Kari Hämäläinen, SVP Equipment Business Line, Normet, said: “lisalmi is the core production and research and development site for us. We want to ensure we have the best technology capabilities to meet the demand of future. Streamlining the manufacturing process and increasing productivity is also critical to ensure our competitiveness going forward.”