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Mining news: liftMetso strengthens its mining equipment supply chain with a Canadian acquisitionMetso has signed an agreement with GE Energy to acquire GE’s Lachine Main Plant, a heavy fabrication and machining facility located near Montreal, province of Quebec, Canada. The transaction is expected to close in mid-August. The parties have agreed not to disclose the financial terms. Eu-flat Products Steel Prices Continue To Climb In JuneThe relentless upward movement in EU prices continues. Customers are obliged to accept the new higher third quarter values demanded by local producers. Prices of imported strip into Europe are still increasing this month, although less material is entering the region. There is relatively little steel from China due to the pending anti-dumping investigations. Output [...] Intellection lifts international mineral research supportIntellection has expanded its support for international minerals industry research, becoming an industry sponsor of AMIRA International’s P9 project for the Optimisation of Mineral Processes by Modelling and Simulation. AMIRA International is an independent association of minerals companies which develops, brokers and facilitates collaborative research projects. It currently has around 50 active R&D projects in [...] Web apps drive efficienciesFour Leaf Solutions has doubled and tripled its workforce every year since 2002 Newcastle Port to Decide Today on Lifting Ship Restrictions as Winds EaseAustralia’s Newcastle port, the world’s biggest coal-export harbor, will decide today whether to lift restrictions on ship movements as high seas and strong winds ease….more at topix PACIFIC HOISTS LAUNCHES An exciting new range of Electric HoistsPacific Hoists; Australia’s leader in the Materials Handling Equipment Industry is pleased to launch its very own electric hoist range to the lifting market. BHP Billiton lifts Queensland coal force majeureBHP Billiton announced today that, effective 5 June 2008, force majeure has been lifted across the BHP Billiton Mitsubishi Alliance managed operations ). Force majeure was put in place on 24 January 2008 … Global Steel Price Hikes Likely To Extend Into Third QuarterUS transaction prices continue to shoot up as the substantial hikes, planned by the mills for June deliveries, are implemented. Further sharp increases have been announced by a number of producers for third quarter business. This is despite a generally weak economic environment. Companies are only purchasing for their immediate requirements, with service centres keeping [...] New heavy-lift offshore crane offers lifting capacities of up to 2,000 tThe new Liebherr offshore crane, type MTC 78000, marks the Liebherr group of companies’ entry into a new market segment of heavy-lift cranes for offshore applications. The MTC 78000 is one of the biggest offshore slewing cranes world-wide and was designed using conventional anti-friction bearing technolo-gy. Featuring a maximum dynamic moment [...] NRW gets extra $19m from Rio Tinto contractNRW Holdings Ltd has lifted the value of its Rio Tinto Hope Downs contract to $32 million from an initial $13 million, after the commissioning of additional works. Rio working on massive coal expansionMacquarie Research says that Rio Tinto is looking to almost double its coal production in Queensland in the next eight years, taking advantage of planned improvements in rail and port infrastructure, according to Hubie van Dalsen, Managing Director of Rio’s coal unit. “Our aim is to lift our Queensland production from 21 Mt of thermal [...] Web apps drive efficienciesWeb apps drive efficiencies |
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