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Mitsubishi Receives Order From Korea’s First Ultra-Super-Critical-Pressure Coal Power Plants
September 8, 2010
Mitsubishi Heavy Industries, Ltd. and Marubeni Corporation have jointly received an order for two sets of a steam turbine and generator, 1,000 megawatts each, for ultra-super-critical-pressure coal-fired power generation units of Korea East-West Power Co., Ltd. The two turbine/generator sets will…
Sandvik to Invest in Manufacturing of Crushing Equipment at New Production Plant in Sweden
September 8, 2010
Sandvik Mining and Construction is expanding its manufacturing of crushing equipment in Svedala, Sweden, and investing SEK 300 million (US $41,235,478) in a new production plant. The nearly 6,000 square meter production plant will be completed during early 2012. The plant…
Prophecy Resource Secures Up to $10m of Debt for Ulaan Ovoo Coal Project in Mongolia
September 2, 2010
Prophecy Resource has arranged a secured debt facility of up to $10 million with Waterton Global Value to fund the company`s Ulaan Ovoo Coal project in northern Mongolia. Subject to certain drawdown conditions, the loan can be drawn down in three…
Music and Hot Meals Lift Miners’ Spirits in Chile
September 2, 2010
The morale of 33 miners trapped in Chile soared Wednesday after music, hot meals and clothes were supplied, and NASA added its experience to keeping them healthy while a rescue drill inched closer. A video shot by the miners and broadcast…
Anglo, BHP and Peabody Plan Formal Queensland Rail Bid
September 2, 2010
Anglo American Plc said a group of mining companies in Australia plans to lodge a formal bid for Queensland state’s coal freight network next week after making a revised initial A$5.1 billion ($4.6 billion) proposal last month. “We’re conducting due diligence…
Adani Power Picked as Kosovo Bidder, May Seek More Projects in East Europe
September 2, 2010
Adani Power Ltd., the generation arm of India’s biggest coal importer, has been shortlisted to bid for a 1,238-megawatt thermal power project and coal-mining rights in Kosovo, an official said. Adani Power and its Indonesian arm PT Adani Global are among…
Keaton Energy’s Vanggatfontein Coal Project in South Africa Receives Approval for Phase 2
September 2, 2010
Keaton Energy Holdings Limited announced that it expects capital expenditure on its first major coal mining project — Vanggatfontein, near Delmas in South Africa’s Mpumalanga Province – to peak at around R430 million in early 2011. Hosting a visit by mining…
Baosteel in China Secures $10 Billion Credit Line to Fund Expansions
September 2, 2010
Baosteel Group Corp., China’s second-largest steelmaker, said it secured a credit line of $10 billion from China Development Bank Corp. to fund expansions. Baosteel Chairman Xu Lejiang and China Development Bank Chairman Chen Yuan attended a signing ceremony in Beijing, the…
RELYANT Awarded Secure Movement & Transportation Task Order Throughout Afghanistan
August 31, 2010
RELYANT, LLC, a Maryville-based company providing worldwide strategic support services, has been awarded a task order for movement and transportation of equipment throughout Afghanistan. This allows RELYANT to move their own goods and equipment to locations where they operate. RELYANT currently…
Atlas Copco Acquires Austrian Mobile Crushing and Screening Company
August 31, 2010
Atlas Copco Austria GmbH has acquired Hartl Anlagenbau GmbH, Austria, a company that manufactures and sells mobile crushers and screeners. By this acquisition Atlas Copco will enter the growing mobile crushing and screening market, thereby strengthening the Group’s offering in the…
