Pennsylvania-based bulk handling company Flexicon Corporation is commemorating its 50th anniversary in 2024. Founded by William S. Gill in 1974, the company began manufacturing “flexible screw conveyors,” a term coined by the company. Their simplicity, reliability and economy made them popular not only for basic conveying jobs, but also for demanding applications previously satisfied by more complicated and costly conveyors.…
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BASF sells mining flocculants division to Solenis
Global specialty chemicals group Solenis has been confirmed to be the buyer of BASF’s flocculants business for mining applications, part of the latter company’s push to focus only on core strategic business areas and optimize its portfolio. The transaction is currently pending approval but is expected to close in the second half of 2024. The parties have agreed not to…
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Read MoreBHP, Vale make deal over Fundão Dam failure
BHP has confirmed a settlement agreement with Vale regarding group action proceedings in the UK in respect of the Fundão Dam failure in Brazil. The miner said it and its UK arm were defendants to a group action claim in the English High Court, which was brought by over 600,000 claimants seeking damages in relation to the 2015 Fundão Dam…
Read MoreDuPont talks new Tyvek vision
DuPont has announced the kick off of its new Tyvek Forward Together effort, which it said will drive personal protective equipment (PPE) innovation and sustainability. The company said “Innovation through collaboration” is the driving force behind the vision of the initiative, and that it will boost its partnerships with existing and new customers to propel that innovation and sustainability mission.…
Read MoreSibanye-Stillwater hit by cyberattack
Precious metals producer Sibanye-Stillwater said that a cyberattack on its IT system has brought down its server and caused limited disruption to its global operations, reported Reuters, noting that Sibanye has hired external experts to help identify the breach and bring the system back up. “Our global IT infrastructure [has been] impacted since [July 8], some things are working some…
Read MoreAnglo American takes next step toward coal divestment
Anglo American has reportedly hired Goldman Sachs, Morgan Stanley and Centerview Partners – all previously brokers to the company – for the sale of its steelmaking coal assets, which analysts value at as much as $5 billion, reported Reuters. In May, the miner’s CEO Duncan Wanblad said that it would soon sell off its five operating coal mines, development projects…
Read MoreBlue Evolution unveils breakthrough in biomining
Blue Evolution has unveiled a groundbreaking method for sustainably extracting critical minerals and rare earth elements using seaweed that it said will revolutionize the mining industry, while fighting climate change and empowering Indigenous communities. “Our approach is poised to redefine the way critical minerals and rare earth elements are sourced,” said Beau Perry, CEO of Blue Evolution. “By leveraging the…
Read MoreFortescue tightens teaming with Liebherr for AHS developments
Fortescue is seeking the distinction of being the first autonomous haulage solution (AHS) operating zero emissions globally and has put its desires into action with a newly expanded partnership with Liebherr to jointly develop AHS technology. The two said last week that it will jointly develop and validate a fully integrated AHS; so far, Fortescue has taken the first step…
Read MoreSandvik finalizes Ahno takeover
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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