Komatsu, through its wholly owned subsidiary in the United States, Komatsu America Corp., has agreed to acquire American Battery Solutions Inc. (ABS), a battery manufacturer headquartered in Detroit. U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023, on the condition that all necessary procedures for the closing are completed. The immediate impact on Komatsu’s consolidated business results…
Read More
In the evolving landscape of the mining industry, maximizing operational efficiency and minimizing downtime are paramount for success. In addition to creating industry-leading products that promote longer operational lifespan, Tsubaki also offers outstanding unmatched service through its ProService Lifecycle Support program. This service offering is transforming the way mining companies manage their equipment, ensuring enhanced productivity, reduced maintenance costs, and…
Read More
Caterpillar announced the launch of a three-year program to demonstrate an advanced hydrogen-hybrid power solution built on its new Cat C13D engine platform. Starting in the first quarter of 2024, Caterpillar will develop a transient-capable system for off-highway applications. The project will demonstrate how state-of-the-art control systems and electric-hybrid components can help hydrogen-fueled engines meet or exceed the power density…
Read More
Built on the platform of its most popular underground loaders, the new R2900 XE is the first Cat diesel electric underground LHD. It’s a productive, powerful, reliable machine built to meet the underground mining industry’s need for bigger payloads, faster loading and reduced emissions, according to the company. Its powerful diesel electric drive engine is EU Stage V compliant, and…
Read MoreEpiroc has signed a Memorandum of Understanding (MOU) with Byrnecut, one of the world’s largest underground mining contractors, to partner on the development of the next generation of electric drive underground loaders. The companies will work together in partnership to develop and test a proof of concept for the large underground loader segment with the aim of having a diesel-electric…
Read More
With an ambition to explore decarbonization opportunities across transport, operations and materials, a Memorandum of Understanding (MoU) was signed by Volvo Group and CRH on Nov.13. As part of this strategic agreement, Volvo CE will take on responsibility for next generation technology deployment, the scaling up of cutting edge technology and operational efficiency for the off-road segment in a bid…
Read MoreMSHA is advising that cold weather can cause cold stress, which can lead to hypothermia, frostbite and other severe injuries, and illnesses. Full story.
Read MoreTivan has secured a long-term partnership with Australia’s national science agency CSIRO to facilitate the development and commercialisation of the TIVAN+ critical minerals processing technology. The partnership brings together the critical minerals processing intellectual property and expertise of both parties in an industry shaping collaboration of national significance. The technology licence agreement (TLA) between the two will give Tivan an…
Read More
A consortium led by Glencore has agreed to acquire Teck Resources’ steelmaking coal unit for $9 billion, marking one of the largest deals in the mining sector, according to Reuters. Glencore will own 77% of the business in a $6.9 billion cash deal, while 20% will go to Japan’s Nippon Steel Corp., which already holds a 2.5% stake. South Korea’s…
Read More
A proposed absorption of the West Virginia University mining engineering into its petroleum and natural gas engineering school has been tabled indefinitely by school officials. Full story.
Read More