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Chief economist unpacks mining’s deeply-rooted contribution to economy despite challenges
Published: 19 Apr 24
The mining industry makes a significant difference in the lives and livelihoods of employees and society in South Africa through economic and socioeconomic contributions, but more can be done on the governmental administrative front to enable increased benefits, says Minerals Council South Africa chief economist Hugo Pienaar. He told Mining Weekly that the Department of Mineral Resources and Energy had expressed commitment to reducing red tape and processing applications, such as mineral right exploration applications quicker.
Decarbonised iron production possible using sodium, company says
Published: 19 Apr 24
A new process being pioneered by energy companies such as Israel-based Helios and Netherlands-based Alkalium proposes the use of sodium metal rather than coal or hydrogen to refine iron-ore into direct reduced iron (DRI). Traditionally, iron is beneficiated by mixing iron-ore fines with coal. The iron oxide (Fe2O3), when heated in a furnace, undergoes a chemical transformation whereby the oxygen molecules from the Fe2O3 bind with the carbon molecules in the coal, creating carbon dioxide (CO2) as a by-product and leaving pure iron behind.
US restricts drilling and mining in Alaska wilderness, angering state leaders
Published: 19 Apr 24
The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the US reliant on foreign resources. The measures are aligned with President Joe Biden's efforts to rein in oil and gas activities on public lands and conserve 30% of US lands and waters to combat climate change.
Energy plant to receive new automation system
Published: 19 Apr 24
Leading manufacturer of automation solutions and process technologies Valmet will deliver a comprehensive Valmet DNA Automation System to Lostock Sustainable Energy Plant (LSEP) currently under construction in Northwich, Cheshire, in the UK, according to a press release published last month. The order was placed by LSEP and Valmet will work closely with its delivery partners, engineering, procurement and construction management contractor Black & Veatch  and powertrain technology provider Babcock & Wilcox.
Firm acquires German heat exchanger producer
Published: 19 Apr 24
Multinational boiler manufacturer Nexson Group says its acquisition of German quality-plate heat exchanger manufacturer Thermowave GmBH as a stand-alone entity will strengthen and complement its portfolio, particularly Thermowave’s gasketed and semi-welded plate heat exchangers, which the group notes as key process components with technological superiority and innovation. Thermowave was a part of leading Germany-based refrigeration components provider, Gunter Group.
New-vehicle sales plummet 11.7% in March, extending months-long slide
Published: 19 Apr 24
New-vehicle sales plummeted by 11.7% in March, to 44 237 units, compared with the same month last year. Sales for the first quarter of the year are now 5.3% below the same period last year.
Metair reassures market amid huge debt, challenges at Türkiye battery business
Published: 19 Apr 24
Metair is still very much open for business and the group is able to accommodate new clients should they need automotive components or energy storage solutions, says new CEO Paul O’Flaherty. O’Flaherty, now two months into the job after former CEO Sjoerd Douwenga bowed out, owing to health reasons, comes to Metair with executive experience at companies such as Absa, Group Five, ArcelorMittal and Eskom.
Image of HPA first products High-purity alumina First project, Australia – update
Published: 19 Apr 24
The federal government has announced its support for two critical minerals projects in Queensland and South Australia.
Image of the Okiep project headgear Okiep copper project, South Africa – update
Published: 19 Apr 24
Orion Minerals has made progress through its acquiring a controlling interest in the project.
X-Furniture supplies bespoke office furniture solution for Barloworld Equipment Botswana
Published: 18 Apr 24
Barloworld Equipment Botswana, a subsidiary of Barloworld Equipment Southern Africa, recently completed Phase One of its new Centre of Excellence at Phakalane. The project marks a significant investment in Botswana’s economy and serves as a pivotal step in Barloworld’s strategy to grow their Sub-Saharan African footprint. South African manufacturer and supplier X-Furniture played a key role to assist with the interior office furniture fit-out of this state-of-the-art facility. In existence for over 60 years, Botswana is one of the many jewels in the crown for Barloworld Southern Africa, which has dealerships in Namibia, Botswana, Mozambique, Zimbabwe, Zambia, Malawi, Angola, and a joint venture in Democratic Republic of Congo.
 
 
 

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