Product News

  • CIMIC Group acquires additional stake in Thiess, strengthening mining services portfolio

    PRODUCT NEWS

    CIMIC Group acquires additional stake in Thiess

    CIMIC Group has announced an agreement with funds advised by Elliott Advisors (UK) Ltd regarding the acquisition of an additional 10 per cent equity interest in Thiess, a major global mining services provider. ... more

  • PRODUCT NEWS

    Magellan Power Launches Energy Storage System (ESS) Product Range

    Magellan Power, a leading provider of innovative energy solutions, announced the launch of its Energy Storage System (ESS) Product Range, aimed at transforming the landscape of energy transition for businesses ... more

  • Jebsen & Jessen Group acquires GMA Garnet Group

    PRODUCT NEWS

    Jebsen & Jessen Group acquires GMA Garnet Group

    Diversified industrial conglomerate Jebsen & Jessen Group has announced the acquisition of GMA Garnet Group (GMA) — the world’s largest and only fully integrated garnet company. This strategic move m... more

  • MEVCO and Rivian partner to electrify mining industry

    PRODUCT NEWS

    MEVCO and Rivian partner to electrify mining industry

    MEVCO (Mining Electric Vehicle Company) has announced an exclusive global partnership with Rivian Automotive, Inc. (RIVN) to provide electric vehicles (EVs) to the mining, mining services, and mining equipment ... more

  • CIMIC Group acquires additional stake in Thiess
    03 May, 2024
  • Magellan Power Launches Energy Storage System (ESS) Product Range
    02 May, 2024
  • Jebsen & Jessen Group acquires GMA Garnet Group
    01 May, 2024
  • MEVCO and Rivian partner to electrify mining industry
    30 Apr, 2024

Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity

Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). Together, the companies aim to revolutionize OT cybersecurity at industrial facilities. The rapid evolution of technology underscores the urgent need for robust cybersecurity measures in industrial settings. In response, Hexagon and Dragos have joined forces to effectively address this demand. The technical partnership focuses on integrating the complementary OT cybersecurity capabilities of the Dragos Platform and Hexagon’s PAS Cyber Integrity® to provide customers with enhanced inventory data, comprehensive configuration management and superior intrusion detection and threat management to protect businesses operating in multiple critical infrastructure sectors. The collaboration is expected to harness the respe... more
Orica completes first phase of global payroll implementation

Orica completes first phase of global payroll implementation

Dayforce Inc., a global human capital management provider, announced the successful completion of the first phase of its global payroll and workforce management implementation with Orica Ltd. (ORI), a global mining and infrastructure solutions provider. The initial phase, completed in less than 12 months, encompasses 13 countries across Asia Pacific & Japan, Africa, Latin America, and North America. Orica collaborated with implementation partners Deloitte and Think Best Practice to leverage the Dayforce platform's single data architecture. This consolidation of disparate systems worldwide aims to deliver a comprehensive cloud HCM experience for Orica's global workforce. Orica VP of HR Operations Stacey Brewer highlighted the importance of compliance and user experience in their selection of Dayforce, stating: "As a highly unionised, global company, we need a solution that... more

Caterpillar launches next generation Compact Track Loaders

Caterpillar Inc. has unveiled its latest innovations in the compact track loader segment with the introduction of the all-new Cat 255 and 265 Compact Track Loaders. Building upon the success of the D3 series, these new models represent a ground-up redesign, enhancing the features that have made their predecessors popular among operators. Trevor Chase, product application specialist for Caterpillar, highlighted the company's approach to the redesign, stating: “We kept the DNA of the D3 series while reimagining the possibilities of loader performance using voice of customer feedback to lead the way.” The new models, 255 and 265, mark the first in the compact track loader line to feature this next-generation design — promising improved engine performance, lift and tilt performance, stability, operator comfort, and technology integration. One of the key advancements in the... more

Australian METS sector innovation to propel Lunar Exploration

Austmine and AROSE are exploring opportunities with NASA, as the agency queries the Australian Mining, Equipment, Technology, and Services (METS) sector for groundbreaking solutions to aid off world exploration. This is an exciting opportunity for the Australian METS community to present their capabilities to NASA and other US Agencies. Shortlisted companies will have the chance to present their solutions at the NASA-USGS Workshop in San Jose, California in May, offering unprecedented exposure and recognition on an international platform. Australia boasts a small but rapidly growing space industry alongside a highly innovative METS sector. Over the past year, there has been a notable increase in interest from both the Australian Space Agency and NASA in the mining and METS sector. This heightened interest reflects the recognition of the overlap between space exploration and mining ... more
Idemitsu Australia invests in Graphinex

Idemitsu Australia invests in Graphinex

Idemitsu Australia, a prominent player in the energy sector, has announced a significant strategic investment in Graphinex Pty Ltd, a private graphite battery anode company. This investment, made through Idemitsu's wholly owned subsidiary, Idemitsu Graphite Pty Ltd, is said to highlight the company's commitment to advancing sustainable technologies and supporting the growth of the battery industry. Graphinex holds a portfolio of exploration tenements near Croydon, in Queensland’s northwest minerals province, including the flagship Esmeralda Graphite Project. Graphinex Managing Director Art Malone said: "This marks a pivotal moment for Graphinex, as Idemitsu’s strategic investment and support propels us forward in our journey to supply Battery Active Anode Material and Spherical Graphite to global battery manufacturers, empowering the transition towards cleaner energy solutio... more
Sedgman continues to strengthen position in critical minerals sector

Sedgman continues to strengthen position in critical minerals sector

Sedgman, a member of the CIMIC Group, has announced the acquisition of MinSol Engineering Pty Ltd — a move that marks its third acquisition in the critical minerals processing sector. This strategic acquisition completes Sedgman's vision of becoming a full-service, global provider in the extraction and refining of minerals essential to the rapidly growing clean energy technologies. MinSol Engineering, based in Western Australia, specialises in engineering design and project management for mineral processing facilities and associated infrastructure. The company's core business focuses on engineering hard rock lithium concentration and refining processes — including metallurgical test work, flowsheet development, and detailed design. The acquisition of MinSol Engineering allows Sedgman to expand its capabilities in the critical minerals processing sector, particularly in ha... more
Liebherr reports major growth and investments in 2023

Liebherr reported major growth and investments in 2023

Liebherr's revenue experienced a significant increase compared to the previous year, with growth in 11 of its 13 product segments. The company surpassed its 2022 revenue record by €1,453 million (approximately AU$2.3 million), reaching a total revenue of €9,557 million (approximately $AU15.7 million). This growth was driven by the earthmoving, material handling technology, deep foundation machines, mobile and crawler cranes, tower cranes, concrete technology, and mining product segments, which saw an 11.6 per cent increase over the previous year. Liebherr experienced positive growth in nearly all sales regions, with particularly strong revenue increases in the European Union, Germany, France, Spain, North America (particularly the USA and Mexico), Asia, Oceania, and the Africa, Near and Middle East region. Central and South America, however, saw revenue remain stable. The co... more