Sandvik said it has completed the previously announced acquisition of a majority stake (72.4%) in China-based Suzhou Ahno Precision Cutting Tool Technology from Ningbo Baosi Energy Equipment and related parties. The company will be reported within the Sandvik Machining Solutions segment. Founded in 2002, Ahno has a leading position in precision cutting tools in the fast-growing local premium segment, with…
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Global technology leader ABB has launched “Do More With Digital,” a global campaign highlighting the opportunities for the process industries, including mining, to realize their full potential through digital transformation. “Adoption of advanced digital technologies is still much slower than one might expect in the process industries,” said Sanjit Shewale, global business line manager for Digital, ABB Process Industries. “Customers…
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Komatsu, which first announced its plans to acquire German manufacturer GHH Group in December 2022, confirmed on July 1 it has completed the takeover transaction. The global OEM said GHH’s wide range of equipment, focused on loaders (LHDs) and articulated dump trucks, will enhance its growing underground mining product offerings, which also includes aftermarket parts and service support. By adding…
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Austin Powder announced that it has received a strategic investment from American Industrial Partners (AIP) to support and enhance the company’s growth strategy in partnership with Austin’s existing long-term ownership group and management team. Operating in a safety critical and technical industry, Austin Powder has nearly 200 years of industry expertise that has enabled it to build a suite of…
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Multinational Off-Highway tire manufacturer BKT announced its membership in Global Platform for Sustainable Natural Rubber (GPSNR). BKT, which touts its rapid adaptation to best global practices, is thus taking a further step in promoting long-term sustainable practices, culminating in a more environmentally conscious and friendly production in line with the principles defined by GPSNR. Natural rubber production holds several opportunities for…
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Australia-based mining solutions provider Orica held a 150th Anniversary Gala in Melbourne with officials, customers, partners, retirees and employees on-hand to celebrate the special milestone. Founded in June 1874, a small company named Jones, Scott and Company emerged to supply explosives to those who sought fortune in the Victorian goldfields in Australia. Quickly expanding, the company merged with Nobel Explosives…
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Pennsylvania-based JENNMAR is growing its presence in Canada’s hard rock market with its acquisition of Quebec-headquartered Dumotech Industrial Products. Dumotech, which specializes in the manufacturing and distribution of products and hardware for the hard rock mining industry, has been operating for nearly 30 years. As part of the acquisition, JENNMAR will acquire Dumotech’s operating assets as well as certain customer…
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Mining equipment manufacturers MacLean and Sandvik have completed the first phase of a collaboration to provide miners with more options for expanding automation underground.
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Terex announced the launch of MAGNA, a new brand to address the demands of large-scale operations in the quarrying, mining, construction and recycling industries. With decades of experience and a reputation for excellence across its Powerscreen, Finlay and EvoQuip brands, Terex has been at the forefront of providing innovative, high-quality equipment solutions. Under the strapline ‘Made for More’, MAGNA will…
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The Metals Company (TMC) has successfully produced the world’s first cobalt sulfate derived exclusively from seafloor polymetallic nodules. The cobalt sulfate was generated during bench-scale testing of TMC’s hydrometallurgical flowsheet design with SGS Canada at the latter’s Metallurgical Centre of Excellence testing facility in Lakefield, Ontario. “This achievement further demonstrates the potential for seafloor polymetallic nodules as a valuable resource,”…
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