ContiTech hosts Total Conveyance Event in Brazil

Continental’s group sector ContiTech recently hosted its Total Conveyance Event in celebration of the expansion of its conveyor belt manufacturing facility in Ponta Grossa, Paraná, Brazil. The two-day event featured a ribbon-cutting ceremony and welcomed approximately 100 guests, including customers, industry professionals and local leaders. Attendees received an in-depth look at ContiTech’s integrated material handling solutions through guided tours, technical…

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Lynas becomes first heavy RE producer outside China

Lynas Rare Earths has confirmed first production of Dysprosium Oxide (Dy) at its Malaysian facility, marking a significant milestone as the world’s only commercial producer of separated heavy rare earth products outside China.  “The production of this on spec Dy is a significant step for supply chain resilience and provides customers with the option of sourcing product from an outside…

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FLSmidth to deliver floatation solutions for Indian miner

An unnamed Indian miner and steelmaker has selected FLSmidth to supply a full flotation technology package for what is set to become one of the world’s largest, most efficient and sustainable iron ore beneficiation plants.  The OEM said the plant will be fed with domestic, low-grade iron ore where the FLSmidth flotation system will upgrade it to a final product…

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Barminco to continue underground services at Agnew

Barminco, the underground mining subsidiary of Perenti, has signed a new contract to continue underground mining operations at Gold Fields’ Agnew gold mine near Leinster, Western Australia. The new contract, valued at A$500 million, is for three years with an optional one-year extension. Services include underground development, production and related mining services. “We are very pleased to be extending our…

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Chinese miner acquires Peak Rare Earths

Peak Rare Earths said that Chinese rare earths producer Shenghe Resources will acquire the Australian firm for A$150.5 million, in addition to the full amount raised under Peak’s proposed A$7.5 million entitlement offer. Under the deal, the state-owned miner’s unit Ganzhou Chenguang Rare Earths New Material will buy Peak for a minimum of A$0.359 per share in cash, if the…

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