The United States has signed agreements on critical minerals with Thailand and Malaysia, aiming to diversify supply chains amid competing efforts on rare earths by China, reported Reuters. Malaysia agreed to refrain from banning or imposing quotas on exports to the United States of critical minerals or rare earth elements, the countries said in a statement. However, they did not…
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After 25 years since the launch of the Pit Viper, Epiroc’s largest surface blasthole drill rig continues to outperform. For the past decade, this now-legendary drill rig model has been drilling autonomously, significantly boosting productivity and lowering emissions for mining customers worldwide. “The iconic Pit Viper rig has set the standard for a quarter of a century when it comes…
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U.S. President Donald Trump and Australian Prime Minister Anthony Albanese have signed a critical minerals agreement, which they described as “an $8.5 billion deal between allies,” aimed at curbing China’s dominance of rare earths resources. The Associated Press reported that China announced earlier this month that foreign companies must get approval from its government to export magnets containing even trace…
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Epiroc’s Underground division has entered a partnership with Swedish-founded Jama Mining Machines AB, which will see Epiroc offer a complementary selection of Jama’s scalers and rescue chambers globally. “This partnership is a natural step in our commitment to providing the most complete and innovative solutions for underground mining. Jama’s expertise in scaling and their strong track record of customer-focused innovation make…
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Following a constructive six-week due diligence period, Caterpillar and RPMGlobal have now signed a binding Scheme Implementation Deed. The agreement formalizes the terms under which Caterpillar will acquire RPM via a scheme of arrangement. “RPMGlobal’s culture and agile approach to developing solutions aligns well with Caterpillar’s intense focus on solving customer needs,” said Denise Johnson, group president, Caterpillar Resource Industries. …
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Global technology provider ABB and Swedish mining and minerals group LKAB have signed a memorandum of understanding (MoU) to form a strategic technology partnership to accelerate automation, electrification and digitalization in mining. The partnership will focus on some of the biggest shifts in the mining industry’s journey to the all-electric, automated and digitalized mine, enhancing safety, sustainability and productivity. ABB…
Read MoreMining technology experts Weir marked the 60th anniversary of the WARMAN AH horizontal slurry pump. Since its debut in 1965, the pump has “set the global standard for operational performance, equipment reliability and innovation in slurry handling,” according to the company. Trusted across mine sites worldwide, the WARMAN AH horizontal slurry pump has powered critical operations for six decades and remains a…
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Subsurface intelligence group Ideon Technologies has formed a partnership with Rio Tinto to solve what the pair calls mining’s hardest problem: geological uncertainty.
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USA Rare Earth has entered into a definitive agreement to acquire UK-based LCM (Less Common Metals), a rare earth metal and alloy producer, for $100 million in cash and 6.74 million shares of USAR common stock. The acquisition represents a significant acceleration of USAR’s mine-to-magnet strategy, establishing an end-to-end rare earth supply chain. “The acquisition of LCM is a bold…
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Weir, a mining technology company, has entered into a strategic collaboration agreement with Viking Analytics, a Swedish-based company specializing in AI-powered vibration analysis and condition monitoring for smarter predictive maintenance.
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