Komatsu's mining lift
February 1 - 7, 2012
JAPAN’S biggest mining and construction equipment manufacturer Komatsu says a 30% increase in full-year mining equipment demand (for its fiscal year ending March 31) will help offset a steep fall in sales for its construction division in China in the past six months and the effects of a stronger Japanese currency against the American greenback.
Cat plows into Chinese coal market
January 25 - 31, 2012
CATERPILLAR continues to see evidence of China’s domestic coal industry transformation, and of the long-term attractions of its acquisition of Bucyrus, with an order to supply a new automated longwall plow to Lvliang Dongyi Group member Gasification Co Ltd.
Heavy metal briefs: Sandvik, Caterpillar
February 1 - 7, 2012
SWEDISH manufacturer Sandvik is celebrating its 150th birthday this week.
Founder Göran Fredrik Göransson’s steelmaking enterprise, formed in Sandviken, broke new ground with the use of the Bessemer process which would revolutionise steel manufacturing. The company quickly became a significant global industrial player.
Heavy Metal briefs: ABB, Soil Machine Dynamics, FLSmidth, Keech, Caterpillar
January 25 - 31, 2012
SUB-SEA mining units employed at the world’s first large-scale submarine mine, off the coast of Papua New Guinea, will feature ABB transformers and switchgear after the engineering giant won a contract to supply the equipment to British manufacturer Soil Machine Dynamics (SMD).
Joy, Fletcher bolt together
January 25 - 31, 2012
JOY Global unit Joy Mining Machinery has struck a new distribution deal with JH Fletcher & Co, giving it the right to exclusively sell and service Fletcher equipment outside North America, Australia and Norway, and broadening its mine bolting-machine offering.
Long haul to diamond mine
January 25 - 31, 2012
A LONG-range mine haul truck with purpose-built dump body are on their way from Australia to the Ekati diamond mine in northern Canada.
Atlas Copco expands mining range
December 15 - 21, 2011
ATLAS Copco will add electric mine trucks, utility vehicles and ventilation systems to its broad underground mining and tunnelling equipment offering after closing its acquisition of fellow Swedish firm GIA Industri in the first quarter next year.
Sany gets top billing
December 1 - 7, 2011
CITI has put Hong Kong-listed Sany Heavy Equipment International on a superior valuation footing to Joy Global and Caterpillar targets in the Chinese coal mining equipment sector, arguing the Liang Wengen-controlled Sany deserves a “scarcity premium”.
Cat invests in trucks and engines in India
December 1 - 7, 2011
THE SITE for a new $US150 million Caterpillar Perkins engine plant in India hasn’t yet been determined, but the US machinery giant has expanded investment in its Chennai mining truck plant to $US170 million with its latest $62 million commitment.
BHPB rejects Cat deal speculation
November 24 - 30, 2011
BHP Billiton has dismissed speculation that it has signed a massive new exclusive equipment and technology supply deal with Caterpillar.
In brief: Atlas Copco, ABB
November 24 - 30, 2011
WITH new higher-payload underground mine trucks looming at the other end of development tunnels one manufacturer is driving confidently into 2012 ahead of stalled rivals.
Auto-trucks to drive more even Komatsu course
November 17 - 23, 2011
A SEEMINGLY steadier growth course for Komatsu’s mining equipment business over the next three years, compared with those of Caterpillar and Joy Global, looks like it is being driven in large part by the recent $US750 million-plus order placed by Rio Tinto for autonomous dump trucks.
Heavy metal briefs: Vermeer, Austin Engineering
November 17 - 23, 2011
US-BASED Vermeer Corporation has confirmed the sale of 14 continuous surface miners to Fortescue Metals Group.
Assessing the truckless mining option
November 10 - 16, 2011
AS AN alternative to traditional truck and shovel mining operations, ‘truckless mining’ (In-Pit Crushing and Conveying systems or IPCC) is attracting global interest for its significant sustainability benefits and potential to reduce operating costs in mining operations.
Growth key to keeping Jaws off consolidation menu
November 10 - 16, 2011
IN the face of a fast consolidating Australian mining supply sector, attachment manufacturer Jaws says it will hold steadfast to its private status through strong growth, predicting a 35% year-on-year uplift this year.
Cat makes China underground move
November 10 - 16, 2011
HONG KONG-publicly listed Chinese longwall mining equipment manufacturer ERA Mining Machinery has become the target of a takeover offer worth up to $US885 million from Caterpillar as the US equipment giant strives to achieve its goal of doubling mining-sector business to about $US25 billion by 2015.
Cat, Atlas provide reasons for optimism
October 20 - 26, 2011
OCTOBER 25: CONSTRUCTION and mining equipment heavyweights Caterpillar and Atlas Copco have both reported record third quarter sales, with the latter adopting a more cautious stance on the outlook for the December quarter and beyond.
Australia, China keys to lower-cost Sandvik capacity growth
October 20 - 26, 2011
ABOUT 600 Sandvik employees and contractors will soon start working at the company’s new $A50 million Hunter Valley regional centre in Australia, described recently by a major investment bank in its review of the manufacturer as its major global mining facility and a key to future production flexibility.
Digger has new ‘dress’ on
October 20 - 26, 2011
IT MAY still be causing heart pangs for some former Bucyrus employees, but the first Caterpillar hydraulic mining shovel shipped from the ex-Bucyrus factory in Dortmund, Germany, “painted in full Cat trade dress” has been commissioned at a phosphate mine in Finland only six weeks after Caterpillar closed the acquisition of its fellow US manufacturer.
Pride of the fleet
October 20 - 26, 2011
A GROUP of employees at Western Australian-based drilling contractor and manufacturer Ausdrill have restored a piece of the state’s mining history to its former glory.
