As part of its energy-saving comminution technology development efforts, Metso has signed an agreement to acquire its long-term partner Swiss Tower Mills Minerals AG (STM). Previously, Metso had a 15% minority ownership in the company. The parties have agreed not to disclose the transaction value. Metso decided to exercise its right of first refusal following the divestment decision of STM’s…
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Aspen Technology launches microgrid management system
U.S.-based Aspen Technology has introduced the AspenTech Microgrid Management System (MMS) solution for customers with heavy electrical power requirements in mining, refining, chemicals, and other industries to manage on-site conventional and renewable power generation, active load management and energy storage. Based on the company’s proven AspenTech OSI monarch SCADA platform, the solution empowers customers to maximize operational performance and accelerate…
Read MoreFutureCoal adds Coaltech to fold
FutureCoal has proudly welcomed The Coaltech Research Association NPC as a new associate member. As a leading research association, Coaltech drives innovation in South Africa’s coal industry, focusing on technology development that ensures competitiveness, sustainability, and safety. The collaboration aligns with FutureCoal’s Sustainable Coal Stewardship (SCS) philosophy, promoting advanced technologies and responsible practices throughout the global coal value chain. Together,…
Read MoreCaterpillar, IMA Engineering forge technology pact
Caterpillar has entered a new alliance with IMA Engineering to enhance its own Precision Mining initiative. The teaming of the two companies will use cutting-edge technology to provide real-time, detailed information about ore, the raw material extracted in mining, which will help sites improve operational efficiency and accuracy. Cat Precision Mining is Caterpillar’s advanced vision to improve every step of…
Read MoreKomatsu to upgrade Peoria operations
OEM Komatsu said it will be enhancing its presence in Peoria, Ill., with the construction of a new office building that will include collaborative spaces for engineering, sales, manufacturing, management and other functions. Full story.
Read MoreNewmont offloads Akyem project to Zijin
Newmont said it will sell its Akyem operation in the Republic of Ghana to China’s Zijin Mining Group under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont’s ongoing program to divest non-core assets as the miner makes a strategic shift to focus on its Tier 1 assets. The transaction is expected…
Read MoreIME presents safety awards to member companies
At its 2024 Annual Meeting and Awards Banquet, the Institute of Makers of Explosives (IME) recognized member companies with the Tricia Appleton Award for Safety which is the organization’s highest award given to those member companies with zero recordable safety incidents the previous year. At this year’s awards banquet, the Tricia Appleton Award for 2023 was given to six IME member companies,…
Read MoreFrontline workers rewrite safety at Anglo American
Through a bottom-up approach, frontline workers have been empowered to shape a new Fatal Risk Management (FRM) program at Anglo American, one that is easy to use and doesn’t add another layer of red tape. Anglo American Australia CEO Dan van der Westhuizen said embedding frontline workers in the project team was crucial in designing the simplified and standardised tools…
Read MoreRio Tinto confirms Arcadium Lithium deal
Rio Tinto has entered a definitive agreement to acquire Arcadium Lithium for $6.7 billion. The transaction, which will be implemented by way of a Jersey scheme of arrangement, is expected to close in mid-2025. “Acquiring Arcadium Lithium is a significant step forward in Rio Tinto’s long-term strategy, creating a world-class lithium business alongside our leading aluminum and copper operations to…
Read MoreNIOSH seeks input on smoke exposure draft
The National Institute for Occupational Safety and Health (NIOSH), part of the Centers for Disease Control and Prevention (CDC), has released the draft Hazard Review: “Wildland Fire Smoke Exposure Among Farmworkers and Other Outdoor Workers.” It is open for public comment until November 12.
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