Mining technology - Copperbelt Katanga Mining

Caterpillar eyes energy transition as growth driver for mining business

May 18, 2022May 18, 2022 admin

Construction equipment maker Caterpillar Inc believes demand for critical minerals as the clean energy transition gathers pace will translate to solid returns for its mining business, CEO Jim Umpleby said in an interview on Tuesday. The company is aiming at a global market worth about $5 trillion for energy transition infrastructure between 2021 and 2040, Umpleby said. “Mining capital expenditures have been relatively subdued over the last few years and we believe that will increase,” he told Reuters after the company’s investor day meetings. Executives reaffirmed the heavy machinery giant’s machinery, energy and transportation services… Read More Here

International Equipment & Technology Mining technology

Epiroc to relocate operations from Japan to China

May 18, 2022May 18, 2022 admin1 Comment

Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, will relocate the production and development of drill rigs for surface construction from Japan to its facility in Nanjing, China. The production facility in Yokohama, Japan, has been sold and will be closed. Epiroc’s customer center will be relocated in the Yokohama area to keep supporting customers in Japan with product and application know-how as well as to provide overhauls, rebuilds, and upgrades of their existing fleets. In Nanjing, the manufacturing will benefit from larger-scale production, sourcing,… Read More Here

Equipment & Technology Mining technology

Sandvik lifts financial targets, cuts costs amid global uncertainty

May 17, 2022May 17, 2022 admin1 Comment

Swedish engineering group Sandvik on Tuesday set in place new measures to cut costs and raised its long-term financial targets as uncertainty continued amid the conflict in Ukraine. Among its new measures, the maker of metal-cutting tools and mining gear said it would consolidate production units and close sites in a bid to save an annual 600 million Swedish crowns ($60 million). Sandvik said it was targeting higher revenue growth of at least 7% through a business cycle, organically and through acquisitions, and adjusted operating margin (EBITA) of 20-22%. Its previous targets had been for at least 5% revenue growth and 16%… Read More Here

Mining technology International

Sandvik highlights parts supply and management options as it continues predictive maintenance focus

May 16, 2022May 16, 2022 admin

Sandvik Mining & Rock Solutions is offering various parts supply and management options to suit customers’ needs and help facilitate its own corporate focus on predictive maintenance through the flow of real-time data on its equipment. Among the options, according to Amith Ganasram, Business Line Manager – Parts, Commercial, at Sandvik Mining & Rock Solutions, is Vendor Managed Inventory. “To streamline the availability of spare parts, our people can be on site with an inventory of stock that we manage,” Ganasram says. “The main advantage here is that this makes… Read More Here

Equipment & Technology International Mining technology

BME’s first BIT120 battery-electric retrofit heads for WA Goldfields

May 16, 2022May 16, 2022 admin

New South Wales-based Batt Mobile Equipment (BME) has announced the release of its first BIT120, a 20 t Integrated Tool Carrier battery-electric retrofit system. The first machine is being sent to Gold Fields’ St Ives mining operation in Western Australia on a 12-month hire agreement. The company is also in the middle of another two BIT120 builds for Barminco Holdings Pty Ltd, the Perenti-owned underground contract mining company. The BIT120 leverages the learnings from the TRITEV project, which was part of an initiative developed under Project EVmine, with the help… Read More Here

Equipment & Technology Mining technology

Hitachi Energy selected for haul truck electrification solution

May 13, 2022May 13, 2022 admin

lobal technology company Hitachi Energy has been selected as a technology vendor in the Charge On Innovation Challenge. Founded by BHP, Rio Tinto and Vale, together with multiple industry patrons, the initiative sees the world’s mining industry unite to solve one of the biggest challenges in decarbonising mining operations – the electrification of haul trucks. Hitachi Energy’s proposal met the judges’ rigorous criteria for interoperable solutions, the company says. The flexible design enables electricity to be safely delivered to large battery-powered off-road electric haul trucks, while maintaining or improving productivity… Read More Here

Equipment & Technology Mining technology

Metso Outotec groups instrument range

May 12, 2022May 13, 2022 admin

Finnish mining equipment maker Metso Outotec will group its portfolio of intelligent instruments under the new “Sense” range. The company said the instruments portfolio is designed to solve specific process challenges and enable optimization for minerals and hydrometallurgical processes. “Metso Outotec Sense series includes specialised instruments that provide data for analytics and a better understanding of processes. They utilize the latest technologies, such as artificial intelligence (AI) and neural networks for extra insight. These additional tools for process problem solving and data mining can significantly help improve production within customer… Read More Here

Equipment & Technology International Mining technology

Caterpillar enhances electric rope shovels

May 10, 2022May 10, 2022 admin

Caterpillar has added several design enhancements to its 7495 HF Electric Rope Shovel models to increase machine reliability. The upgrades are applied to track or crawler frames, swing rack and rollers, as well as propel gearboxes and rotating undercarriage. The upgrades result in an improvement to the total cost of ownership of up to 6% per operating hour, Caterpillar said. For the track roller frame, Caterpillar reengineered the bolt-on design to eliminate the need for casting weld, increasing wear life and requiring no maintenance. Caterpillar also increased the frame thickness… Read More Here

Equipment & Technology International Mining technology

Sandvik to acquire mining part of Schenck Process Group

May 9, 2022May 9, 2022 admin

Sandvik has signed an agreement to acquire the mining related business of Schenck Process Group (SP Mining). SP Mining is one of the market leaders in screening, feeding and screening media solutions in the industry. The company will be reported in Stationary Crushing and Screening, a division in Sandvik Rock Processing Solutions (SRP). “I am pleased that we continue to execute on our shift to growth strategy by expanding our core offering in a profitable niche, as well as strengthening the aftermarket share within rock processing. This validates our strategy… Read More Here

Equipment & Technology International Mining technology

Anglo American puts world’s largest hydrogen truck to work

May 6, 2022May 6, 2022 admin

Anglo American (LON: AAL) unveiled on Friday its first self-developed green-hydrogen powered truck at the Mogalakwena platinum mine South Africa, where it will eventually replace a fleet of 40 vehicles consuming each nearly a million liters of diesel a year. The 2,000-kilowat hydrogen-battery hybrid haul truck, which is currently the world’s largest hydrogen-powered vehicle of its kind in operation, can carry a 290-tonne payload. The trucks, part of the company’s nuGen zero emissions haulage initiative, use power from a 140-megawatt solar plant that powers the hydrogen-producing mechanism. The project, expected to be… Read More Here