Indonesia aims to start implementing levies in January to help compensate coal miners selling to the state utility Perusahaan Listrik Negara (PLN) at reduced prices, reported Reuters. The plan follows a coal supply crunch at local power plants that forced the country to temporarily halt exports in early 2022. “This will create fairness and a level playing field,” said Energy…
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Metro Mining hits milestone at Bauxite Hills, names floating terminal
Australia’s only pure play bauxite producer Metro Mining reported record production and sales at its Bauxite Hills mine in Queensland. “It is exciting to announce that we have reached 4 million tonnes, which puts our 2023 sales target of 4.5 – 5 Mt well within reach. The Metro team, together with our contract partners, have worked incredibly hard to reach…
Read MoreEpiroc, Byrnecut deepen partnership for underground loader
Epiroc has signed a Memorandum of Understanding (MOU) with Byrnecut, one of the world’s largest underground mining contractors, to partner on the development of the next generation of electric drive underground loaders. The companies will work together in partnership to develop and test a proof of concept for the large underground loader segment with the aim of having a diesel-electric…
Read MoreTivan, CISRO ink 20-year global vanadium recovery pact
Tivan has secured a long-term partnership with Australia’s national science agency CSIRO to facilitate the development and commercialisation of the TIVAN+ critical minerals processing technology. The partnership brings together the critical minerals processing intellectual property and expertise of both parties in an industry shaping collaboration of national significance. The technology licence agreement (TLA) between the two will give Tivan an…
Read MoreVale to sell stake in Indonesian unit
Indonesia’s mining minister said Vale will sell a 14% stake in Vale Indonesia to bring the holding by foreign investors below the maximum limit, reported Reuters. The news agency said share divestment is a condition Indonesia requires to extend the operation permit for the nickel miner. The government requires oversea firms to divest 51% of their stake to local buyers…
Read MoreImmersive Technologies opens new manufacturing facility
Immersive Technologies recently celebrated the official grand opening of its new production campus in Perth, Australia, which will be its global base for manufacturing, hardware engineering and logistics. The location also serves as the central distribution center for parts fulfilment for the company’s 14 regional support offices who service 350-plus global mining customers in 50 countries. “This investment delivers a…
Read MoreThiess ramps up truck rebuilding in Asia-Pacific
Thiess has secured a lease for a new facility at Kabil Integrated Industrial Estate on Batam Island, Indonesia, allowing the global mining services provider to expand its truck and component rebuilding capabilities on a large scale. The company said it has an extensive fleet of mining haulage trucks in Indonesia and Australia, including more than 650 that will reach the…
Read MoreAustralia has global edge in critical minerals race: minister
Australian Minister for Resources the Hon. Madeleine King spoke at the recent IMARC event in Sydney, spotlighting that she feels Australia can lead the world as it transitions to a clean energy future by producing the critical minerals required, whilst not sacrificing its existing competitive advantage as a traditional mining powerhouse. Addressing the 10th International Mining and Resources Conference, Minister…
Read MoreJapanese, Chinese copper producers seek Metso tech
Metso has received orders for three Outotec Anode Casting Shops from undisclosed major copper producers in Japan and China. The total value of the orders is EUR 13 million. In each of the projects, Metso’s scope of delivery includes anode casting shops with engineering and state-of-the-art technology. One of the orders has been booked in the Minerals segment’s 2023 fourth…
Read MoreWärtsilä to ensure Masbate remains powered on
Photo: B2Gold Technology group Wärtsilä has signed a five-year renewal of its operation and maintenance agreement with B2Gold subsidiary Philippine Gold Processing & Refining for the Masbate gold mine power plant. Wärtsilä has operated and maintained the plant, which is the sole source of electricity for the remote mine, since 2009. “The plant’s availability, efficiency and reliability are critical to…
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