Hindustan Zinc may enter uranium market

Indian zinc-silver producer Hindustan Zinc will aim to expand into uranium mining if the government opens up the sector to private players, CEO Arun Misra told Reuters. Government sources told the news agency that India wants to allow private firms to mine, import and process uranium as part of plans to end a decades-old state monopoly over the nuclear sector…

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Weir signs strategic collaboration agreement with MINEXXT

Weir has entered into a strategic cooperation agreement with MINEXXT Inc., to strengthen its global leadership in thickened and paste tailings solutions. Weir will integrate MINEXXT’s cutting-edge thickening technology into its global tailings portfolio. This technology is engineered to deliver high-performance thickened and paste tailings solutions, enhancing Weir’s ability to collaboratively meet the evolving needs of its customers with precision…

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Noveon Magnetics to supply ABB with rare earth magnets

ABB has entered into a long-term supply agreement with Noveon Magnetics, an operational U.S. manufacturer of sintered rare earth magnets. The multi-million-dollar deal will support ABB’s North American manufacturing operations. Under the agreement, Noveon will supply ABB with high-performance NdFeB magnets for use in industrial motor applications. Monthly deliveries will begin this month and scale up to supply all magnet…

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Liebherr-Australia, Glencore enter ‘new era of partnership’

Liebherr-Australia and Glencore have finalised a significant 17-machine delivery plan across six major mining operations in Queensland and New South Wales, with deliveries scheduled through to the end of 2026.  “We are excited to announce this new era of partnership with Glencore. Securing multi-year supply agreements of this scale is a proud moment for Liebherr-Australia,” said Brian Boitano, executive general…

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Peabody walks away from planned Anglo American deal

American coal producer Peabody has terminated purchase agreements with Anglo American for its Australian coal assets due to a material adverse change (MAC). The decision comes nearly five months after an ignition event occurred at Anglo’s Moranbah North mine.  Moranbah North was one of the four metallurgical coal mines included in the nearly $3.8 billion deal. The exact cause of…

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