REMA TIP TOP has acquired significant assets and operations of the Canadian company Almex Group. With the acquisition, the company has expanded its portfolio in the area of conveyor belt vulcanizing systems and “strengthened its position as the world’s leading provider of integrated conveying solutions,” the company stated. As one of the worldwide leading manufacturers of vulcanizing presses, Almex complements…
Read MoreAclara Resources announced that the U.S. International Development Finance Corporation (DFC) has committed up to US$5,000,000 in project development funding for its Carina heavy rare earths project in Goiás, Brazil. The strategic investment provided under DFC’s Project Development Program will primarily fund a feasibility study for the Carina project. The feasibility study, which is expected to be completed by the…
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RPMGlobal has entered a six-week exclusivity period with Caterpillar to conduct due diligence to firm up a non-binding indicative offer, which values the Australian software company at $5 per share. “Caterpillar shares our values, believes in our mission, and is committed to investing in our products, services, people, and our future,” said RPMGlobal. “Caterpillar is a longstanding customer of RPM’s…
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Caterpillar, its Utah dealer Wheeler Machinery Co., and Joule Capital Partners announced an agreement to power the latter’s High Performance Compute Data Center Campus in Utah. The initiative will provide four gigawatts of total energy to the center of the Intermountain West. Powered by a fleet of Caterpillar’s latest G3520K generator sets and support equipment, the distributed generation system produces…
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Weir has entered into a strategic cooperation agreement with MINEXXT Inc., to strengthen its global leadership in thickened and paste tailings solutions. Weir will integrate MINEXXT’s cutting-edge thickening technology into its global tailings portfolio. This technology is engineered to deliver high-performance thickened and paste tailings solutions, enhancing Weir’s ability to collaboratively meet the evolving needs of its customers with precision…
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ABB has entered into a long-term supply agreement with Noveon Magnetics, an operational U.S. manufacturer of sintered rare earth magnets. The multi-million-dollar deal will support ABB’s North American manufacturing operations. Under the agreement, Noveon will supply ABB with high-performance NdFeB magnets for use in industrial motor applications. Monthly deliveries will begin this month and scale up to supply all magnet…
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Caterpillar said its new Cat Fleet Bucket Program allows customers to benefit from Cat ground engaging tools (GET) even on third-party buckets sourced from local bucket manufacturers. This permits customers and local bucket manufacturers to standardize on a single GET supplier. “We recognize some customers have their bucket needs served locally by third-party bucket manufacturers. Our program is about Caterpillar…
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Hargrove Controls & Automation, a subsidiary of global EPC firm Hargrove Engineers & Constructors, has partnered with ABB to enable a more sustainable and resource-efficient future. As an ABB Channel Partner for process automation solutions, Hargrove Controls is better equipped to deploy cutting-edge industrial digitalization solutions for its clients. “This collaboration marks a significant milestone in our commitment to providing…
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Jennmar has acquired French ground control company Weber Mining & Tunnelling SAS and its subsidiaries, broadening its access to international markets. Weber’s patented resin products will enhance Jennmar’s portfolio, particularly in support of growing global demand for hard rock mining. “At Jennmar, we have had the privilege of knowing Frank Weber and watching the remarkable growth of the Weber business…
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The Association of British Mining Engineering and Consultants (ABMEC) announced the return of its highly anticipated annual Conference and Exhibition, set to take place on 26 and 27 November at Doncaster Racecourse in England. ABMEC is once again collaborating with the Mining Association of the United Kingdom. The ABMEC Conference has grown into one of the UK’s premier mining events,…
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