Jennmar, a FalconPoint Partners portfolio company, has acquired SSAB’s expandable rock bolt production facility in Virsbo, Sweden. The strategic deal establishes a substantial Jennmar presence in the European market. “This acquisition marks a significant milestone for Jennmar, strengthening our capabilities within the hard rock mining sector while also expanding our global reach and bringing our operations to the European market,”…
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The year 1974 saw a breakthrough in steelmaking when steelmaker SSAB introduced the world’s first bendable wear plate. A unique combination of hardness and toughness helped to solve the issue of brittleness in conventional abrasion-resistant steels, which were nearly impossible to bend and could not withstand heavy impact in use. In 1983, SSAB’s mill in Oxelösund, Sweden, created a truly…
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K.A. Group’s K-Tec has entered into a deal with SSAB that will make it the first original equipment manufacturer of heavy-duty earthmoving equipment using the latter’s fossil-free steel. Canadian-based K-Tec, which produces scrapers, said the move will advance its efforts toward eliminating carbon emissions. “As a fossil-free partner to SSAB, K-Tec will have access to pilot deliveries of SSAB Fossil-free…
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Sandvik Mining and Rock Solutions has signed a letter of intent to secure fossil-free steel from SSAB for use in in the production of its loaders and trucks. SSAB said it aims to deliver fossil-free steel to the market on a commercial scale in 2026, and the agreement ensures Sandvik secures its required volumes within SSAB’s production capacity. As a…
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Earlier this year Epiroc and SSAB announced a further expansion of their partnership to secure fossil-free steel for use in the production of Epiroc’s mining equipment. Since then, the two companies have expanded their collaboration into also exploring the possibilities to use fossil-free steel when manufacturing spare parts and components with additive technology. The initial step in the process has…
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Epiroc announced that it has become the first in the mining industry to sign a delivery agreement with Swedish steelmaker SSAB for SSAB Zero – fossil carbon emission-free recycled steel produced using sustainable energy sources. The steel will be used in Epiroc’s battery-electric range of underground mine trucks and loaders, set to be introduced as soon as the third quarter…
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Epiroc has pioneered a battery-electric underground mine truck prototype made from fossil-free steel in line with its vision to produce the world’s greenest machines. A partnership with Swedish steelmaker SSAB accelerates the journey toward reduced carbon-dioxide emissions, ultimately helping mining companies reach their climate goals. In partnership with SSAB, Epiroc now prototypes an underground mine truck with a dump box made of fossil-free…
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Global steel producer SSAB has taken the lead in reducing the carbon footprint of the steel industry and aims to launch the world’s first fossil-free steel by around 2026. But how does fossil-free steel production actually work? And what’s the difference between green steel and fossil-free steel? SSAB has announced a fact-packed webinar on May 24 at 15:00 CEST to…
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Volvo Group said it will be releasing a series of concept vehicles and components using fossil-free steel from SSAB in 2022. The Swedish OEM recently revealed a concept load carrier built with the steel during a green steel collaboration event in Gothenburg, Sweden. “This initiative with SSAB sets the benchmark for a fossil-free future. Just as the nations of the…
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