Metso has signed an agreement with Future Tech Service (FTS) to strengthen its Asia-Pacific distributor network. The partnership enables FTS to deliver Metso crushing equipment and services exclusively in South Korea. “In taking our Korean business to an exciting new direction, we are especially pleased to be teaming up with the FTS team. Customers can expect a high degree of…
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China expands rare earth tech ban
China, the world’s top processor of rare earths, has added technology to make rare earth magnets to its “Catalogue of Technologies Prohibited and Restricted from Export,” which aims to protect national security and public interest, reported Reuters. “This should be a clarion call that dependence on China in any part of the value chain is not sustainable,” said Nathan Picarsic,…
Read MoreIndia Coal Ministry issues vesting orders for six mines
The Coal Ministry of India has issued vesting orders for six coal mines and agreements for two mines, bringing the agency’s total so far to 80 under its commercial auction scheme. The ministry said the orders were issued on 14 December; out of the six coal mines whose vesting orders were issued, two coal mines are fully explored mines and…
Read MoreSchlam opens new specialised maintenance division
Australian service provider Schlam has taken a bold step forward with the launch of its Fixed Plant Maintenance division, which will be spearheaded by new recruit Kaze Richardson. With a deep understanding of the unique challenges faced in the Pilbara and Goldfields regions, Richardson brings a wealth of knowledge and expertise. His vision for the new division is to provide…
Read MoreVietnam to import 26 million tons of coal
Vietnam said its domestic sources can only meet 65% of coal demand for electricity production next year, which means 26 million tons must be imported. The country’s main coal import markets are Australia and Indonesia, but it has recently signed a deal with Laos.
Read MoreScania India partners with PPS Motors
Scania Commercial Vehicles in India has inked an exclusive partnership with PPS Motors, giving the latter the role of its sole representative for the OEM’s mining tippers in India. Scania officials said the pairing will ensure it has Pan India coverage for its sales and service operations. “The company provides tailor-made solutions by detecting, analyzing, and continuously optimizing critical points…
Read MoreBarrick restarts production at Porgera
Following an agreement on new ownership structure, Barrick Gold announced that its Porgera mine in Papua New Guinea will resume operations this month with first gold to be poured in Q1 2024. “It’s been a long journey but in the process we have secured the buy-in of all the stakeholders and we look forward to steering the mine back to…
Read MoreEvolution Mining obtains 80% stake in Northparkes
Evolution Mining said it has entered into a binding agreement to acquire an 80% interest in the Northparkes copper-gold mine in New South Wales, Australia, from CMOC Group. Sumitomo Metal Mining and Sumitomo Corp. will retain their 20% stake in the joint venture. “The acquisition of Northparkes represents a unique opportunity to add another quality asset to our portfolio, strengthening…
Read MoreRio Tinto’s Amrun goes solar
Rio Tinto has approved a new 12.4-megawatt solar farm and 8.8 MVa/2.1 MWh of battery storage to provide renewable energy for the Amrun bauxite operations in Far North Queensland. “The construction of the Amrun solar farm and battery storage system, which is located on Wik and Wik-Waya Traditional lands, is an important milestone for Weipa Operations and will contribute to…
Read MoreCSIRO releases sustainability, economic growth report
Australian national science agency CSIRO (Commonwealth Scientific and Industrial Research Organisation) has released a new report revealing the country’s “unique…opportunity” to create a new industry to support mine closures as well as economic growth via employment opportunities. The report, entitled “Enabling Mine Closure and Transitions: Opportunities for Australian Industry”, includes insights the group said were taken from its own analysis…
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