Rio Tinto has approved A$2.5 billion to expand the Rincon project in Argentina, the company’s first commercial scale lithium operation, demonstrating its commitment to building a world-class battery materials portfolio. Rincon’s capacity of 60,000 t of battery grade lithium carbonate per year is comprised of the 3,000 t starter plantContinue Reading
Develon, formerly known as Doosan Construction Equipment, has introduced a range of enhancements and options for its award-winning DL-7 wheeled loader lineup. Spanning eleven models from the compact DL200-7 to the top-tier DL580-7, the DL-7 series is designed to deliver faster, more efficient loading with bucket capacities ranging from 2.0Continue Reading
Danfoss Power Solutions has launched the Editron EM-PMI375 690-volt electric motor. Based on synchronous reluctance-assisted permanent magnet technology, the EM-PMI375 functions as both a motor and a generator. It is designed to work with the Editron EC-C1700B inverter, offering a system solution for 690-V AC and 1,050-V DC applications such asContinue Reading
Holcim, the world’s largest building materials company, has entered into an agreement with Chinese industry giant Huaxin Cement to sell its 83.81% stake in Lafarge Africa, based in Lagos, Nigeria, for an equity value of $1 billion on a 100% basis. The transaction, subject to customary and regulatory approvals, isContinue Reading
HD Hyundai Construction Equipment is investing in a revised regional management structure, new uptime and machine customisation centres, and the building of a dedicated product demonstration area as part of a wide-ranging reorganisation of its European operations. HD Hyundai is implementing a transformative organisational structure to strengthen connections with markets,Continue Reading
London- and Australia-listed Resolute Mining has completed a second settlement payment of approximately $50 million to the government of Mali, funded from its existing cash reserves. The company confirmed that the remaining balance of $30 million will be settled by the end of this year using its current liquidity sources.Continue Reading
Dual-listed Barrick Gold has welcomed the Ontario Superior Court’s decision to dismiss a lawsuit brought by 21 Tanzanian nationals alleging human rights abuses by Tanzanian police at the North Mara gold mine. The court ruled that Ontario, Canada, was not the appropriate jurisdiction for the claims. The lawsuit, filed inContinue Reading
A game-changing partnership has taken its next steps by introducing solutions to reduce carbon emissions while maintaining high productivity. The milestones met by Volvo Construction Equipment (Volvo CE) and Heidelberg Materials Northern Europe signal the potential to decarbonise construction through a holistic approach that combines advanced digital tools, zero emissionContinue Reading
Advertisement AUSA, the manufacturer of compact all-terrain industrial vehicles, is launching its next-generation range of compact dumpers with 1,000- and 1,500-kg payloads onto the market. With five new models, AUSA aims to build on the success of its earlier models by equipping them with new features that improve their functionalityContinue Reading
The Mecalac Group, a leading specialist in the design, production and distribution of compact machines for urban worksites, is pleased to announce the launch of its new range of wheel excavator loaders, the 12-Series, comprising the 12MSX, 12MTX and 12MRX models. True to the heritage of Mecalac excavators, this newContinue Reading
