Chile’s state-run Codelco has signed an agreement with local units of Japan’s Toyota and Mitsui to explore mobilization options to reduce emissions at its operations, reported Reuters. The news agency said the world’s largest copper producer has been seeking to improve its productivity and reduce emissions amid increased customer demand. “The project contemplates the intention of sharing knowledge, conducting studies…
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Hitachi Construction Machinery subsidiary H-E Parts International reached an asset purchase agreement with Brake Supply on November 1 for its mining machinery component remanufacturing business. Through the acquisition, which is expected to be completed in early December, H-E Parts will utilize Brake Supply’s North American remanufacturing bases, parts warehouses, and human resources, thereby strengthening the structure of the remanufacturing business…
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ABB has signed an agreement to purchase Aurora Motors. This acquisition provides a well-regarded product portfolio, a long-standing customer base in 30 countries and an experienced customer-centered sales structure, as well as solid partnerships with strategic suppliers.
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BHP said that comments made by its chairman during its annual general meeting did not mean the company has ruled out a renewed offer for Anglo American, reported Reuters. Chairman Ken MacKenzie said that the company had “moved on” to focus on growth opportunities. However, company officials said that “these comments were not intended to be a statement to which…
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JCB has marked a major manufacturing milestone with the production of its one millionth engine. Production started in 2004 at JCB Power Systems in Foston, Derbyshire, England, and expanded to JCB India in 2010 with the opening of a dedicated plant in Ballabgarh, Delhi. From three engines a day 20 years ago, JCB now produces around 500 a day, becoming a…
Read MoreBKT introduced its sustainability report for the financial year 2023-24. “Promoting Sustainable Growth with Off-Highway Excellence” is the company’s third sustainability report and its second Business Responsibility & Sustainability Report (BRSR), a milestone that reflects BKT’s concrete and measurable commitment to a more sustainable future. The report, aligned with the international standards of the Global Reporting Initiative (GRI), has been…
Read MoreSEMCO Publishing, parent company of Rock Products, announced the acquisition of Minería Pan-Americana from Route One Publishing. Minería Pan-Americana is the leading Spanish-language magazine, news service and digital resource platform serving the Latin American mining sector. This acquisition strengthens SEMCO Publishing’s portfolio of mining publications, which includes North American Mining magazine, The Asia Miner and Miner’s News Global. The addition of Minería Pan-Americana expands SEMCO’s reach and offers advertisers enhanced opportunities…
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Immersive Technologies has secured contracts to provide workforce training solutions for four undisclosed underground mining projects in the U.S., Canada, Chile and Indonesia. These solutions encompass machine simulation and digital learning technologies, as well as training program development. “Immersive Technologies recognizes the strategic importance of underground mining and has increased its investment in new Conversion Kit development for a growing…
Read MoreAs 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…
Read MoreU.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…
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