The parent company of New Jersey-based Sika has closed on Elko, Nevada-based shotcrete and grouting agent Thiessen Team USA and its related plant and delivery equipment for mining. The deal includes Western operations focused on minerals essential to electric vehicle batteries. The acquisition opens cross-selling potential for Sika mix accelerator and structural fiber offerings, while extending the company’s mining market…
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Indonesia’s Bakrie seeks nickel mine
Indonesian conglomerate Bakrie & Brothers, also known as Bakrie Group, said it is looking to acquire a nickel mine in Sulawesi to supply a planned integrated industrial park to produce electric vehicle batteries, reported Reuters. Full story.
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