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Metso to Supply Bulk Materials Handling Equipment to Hamersley Iron’s Cape Lambert in Australia
February 3, 2012
Metso will supply a tandem rotary railcar dumper to Hamersley Iron in Australia. The equipment will be delivered to Hamersley Iron’s Cape Lambert, Port B iron ore operation in North Western Australia. The value of the order will not be disclosed.…
PHI Group to Acquire One Hundred Million Metric Tonnes of Coal Resources in E. Kalimantan, Indonesia
February 3, 2012
PHI Group has signed a Letter of Intent to acquire approximately 100 million metric tonnes of coal resources, together with the operation and production license (IUP Operasi Produksi), located in an area of 9,900 hectares in East Kalimantan, Indonesia from PT.…
India Globalization Capital Completes Acquisition of Ironman
February 3, 2012
India Globalization Capital has completed the acquisition of Ironman in China. The combined companies will be able to leverage expertise in India and in China to improve operating margins and profitability. The combined company will also have a significantly stronger balance…
Scania to Build Industrial Facility in India to Expand Mining Trucks Offering
February 1, 2012
Scania is planning to invest about SEK 200 million in an industrial facility in Bangalore during the coming year. The Scania Regional Product Center, India will also be the center of the company’s commercial operations in the country. Scania’s ambition is…
Foster Wheeler Wins PMC Contract for 2Co Power at the Don Valley Power Project in UK
February 1, 2012
A subsidiary of Foster Wheeler’s Global Engineering and Construction Group has been awarded a project management consultancy (PMC) contract by 2Co Power (Yorkshire) Limited (2Co) for the Don Valley Power Project in Stainforth, Yorkshire, UK. The Foster Wheeler contract value for…
L&L Enters Into Agreement Acquiring Majority Stake of the Weishe Mine in China
February 1, 2012
L& L Energy has entered an agreement acquiring 51 percent controlling interest of the Weishe coal mine in China. Weishe Mine Acquisition Highlights — Purchase Price: Approximately $16.2 million, to be paid in full with 3 million LLEN shares…
MP Tony Windsor Welcomes Mining Committee Appointments
February 1, 2012
Independent MP Tony Windsor has described the interim appointments to a scientific committee that will advise on new mining and coal seam gas projects as a good “first step”. The New England MP demanded the committee be set up in exchange…
NSW Government Rejects Tinkler’s Coal Loader Proposal
February 1, 2012
The State Government has rejected mining magnate Nathan Tinkler’s multi-billion dollar proposal for a fifth coal loader on the former BHP Steelworks site at Mayfield. Premier Barry O’Farrell has issued a statement saying following an assessment, the Government believes the potential…
NTPC Uses E-Auction Route for Coal Buy
February 1, 2012
Domestic coal shortage has prompted state-run power producer NTPC to buy coal through e-auction, at rates lower than the market prices. The coal producer would have more than doubled its imported coal consumption by the end of the current financial year…
Mining Firms Continue Relief Operations for Victims of Tropical Storm Sendong, Philippines
February 1, 2012
The association of large-scale mining companies in the Philippines is still up with its relief operations for victims of Tropical Storm Sendong. The Philippine Mine Safety and Environment Association (PMSEA) representatives have been in Cagayan de Oro City since December 21,…
