Komatsu to acquire American Battery Solutions

Komatsu, through its wholly owned subsidiary in the United States, Komatsu America Corp., has agreed to acquire American Battery Solutions Inc. (ABS), a battery manufacturer headquartered in Detroit.  U.S. Komatsu is planning to close the acquisition on Dec. 1, 2023, on the condition that all necessary procedures for the closing are completed. The immediate impact on Komatsu’s consolidated business results…

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Metso expands Arizona service center

Metso is expanding its service center in Mesa, Ariz., to support the growing needs of mining customers, primarily in the copper segment, which plays a crucial role in supporting a responsible energy transition. In addition to expanding its service and repair capabilities, a cutting-edge training center will be built to continue to improve competence development in the region. Full story.

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Eriez announces Jaisen Kohmuench as new President and CEO

Eriez announced the appointment of Jaisen Kohmuench as president and CEO, effective Jan. 1, 2024. He will succeed current president and CEO Lukas Guenthardt, who is retiring at the end of 2023. This appointment is the culmination of a carefully planned succession strategy, with Kohmuench working closely alongside Guenthardt and the Eriez board of directors to ensure a seamless transition…

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Ramaco picks up coal-to-products graphene patent

Coal producer Ramaco Resources has, after years of teaming with the U.S. Department of Energy’s National Energy Technology Laboratory (NETL), acquired a patent for the commercial development of a coal-to-products technology that uses coal as feedstock to help create vehicle batteries, construction and infrastructure materials, and more. Full story.

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