Motion Industries Inc. has signed a definitive purchase agreement to acquire the operating assets of U.S.-based International Conveyor and Rubber (ICR). The transaction is expected to close at the end of December 2024, subject to customary closing conditions. ICR services commercial and industrial customers in the eastern United States. Headquartered in Blairsville, Pa., the company has seven locations, offering sales,…
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Hexagon recently announced the acquisition of indurad, a global leader in radar and real-time location systems (RTLS) technologies, along with its autonomous haulage subsidiary, xtonomy. This strategic move, the financial details of which were not disclosed, is proof of Hexagon’s commitment to advancing mine productivity, safety, and autonomy through cutting-edge technology, it said. It also gives it the benefits of enhanced…
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Source: www.rwe.com Peabody Energy and renewable energy group RWE have teamed up to advance renewable energy projects, namely solar and energy storage, at reclaimed mining land in Indiana and Illinois. Full story.
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Calgary-headquartered E3 Lithium has secured a brownfield site in Mountain View County for its Clearwater project’s central processing facility, which will be Alberta’s and western Canada’s first lithium production campus. Full story.
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Peru’s Congress has passed an extension to a scheme allowing temporary permits to be given to small-scale informal miners, which allows them to continue working while seeking formalization, reported Reuters. Legislators moved forward a bill proposed earlier by the Energy and Mining Legislative Committee to extend for six months a registry called REINFO, which is set to expire on 31…
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Anglo American has agreed to sell its portfolio of steelmaking coal mines that it operates in Australia to Peabody Energy for a cash consideration of up to US$3.775 billion. The acquisition includes four metallurgical coal mines – Moranbah North, Grosvenor, Aquila, and Capcoal – located in the Bowen Basin. It is expected to transform Peabody’s metallurgical coal segment, increasing production…
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Nearly all of the world’s major autonomous mines have implemented Immersive Technologies’ proven autonomous haulage system, and now an undisclosed U.S. mine is set to utilize the company’s simulators and digital learning systems as it sets to fully convert to autonomy. Full story.
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Maintenance, repair and operation replacement parts distributor Motion Industries Inc. promoted Eric Gonzalez to senior vice president of Mexico, Canada, industry segments and business development, effective immediately. Full story.
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The Chamber of Minerals and Energy of Western Australia said it welcomed an announcement of a relief package for the state’s lithium producers. “Falling lithium prices have forced a growing number of lithium operations to suspend or cease operations over the past 18 months,” said CME Chief Executive Officer Rebecca Tomkinson. “However, we know lithium remains a key commodity for…
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Gold miner Spartan Resources has received key regulatory approvals for the mining and processing of underground ores to proceed at its Dalgaranga gold project in Western Australia. “With these final approvals now in hand, we are excited to move ahead with the next phase of development of the Dalgaranga project and advance systematically toward a production re-commencement, in the process…
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