TAKRAF India wins four new NLC India contracts

NLC India Limited (NLCIL) has recently awarded TAKRAF India with four new orders for the revamping and maintenance of various bucket-wheel excavators at its three open pit mines in India. NLCIL is a public sector company of the Government of India and one of the country’s largest lignite and power producers.  Two of the orders concern the major revamping of…

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Sibanye-Stillwater acquires nickel, copper assets in Brazil

South African miner Sibanye-Stillwater has purchased the Santa Rita and Serrote mines in Brazil from Appian Capital Advisory for US$1.0 billion. The deal adds two low-cost, producing assets to the company’s green metals portfolio. “The transaction is a significant additional step in Sibanye-Stillwater’s ongoing strategy to position the business for continued value creation during our transition into a climate change…

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