Indonesia's PT Bumi Resources said on Wednesday China's sovereign wealth fund, China Investment Corp (CIC), has agreed to convert part of an outstanding $1.3 billion loan into stakes in the miner's PT Bumi Resources Minerals unit, its coal ...
Tags: Mining Units, PT Bumi Resources
Australian Motoring Enthusiasts Party (AMEP) senator-elect Ricky Muir will form an alliance with the Palmer United Party (PUP) in the Senate, giving the five-month-old automotive-focused party and mining billionaire Clive Palmer more power ...
Tags: AMEP, Palmer Senate Alliance
The top executive of one of the world's biggest mining drilling companies said he believes the industry has bottomed out, but that he doesn't expect a return to peak cycle levels soon. Moreover, there has been "a fundamental shift in what ...
Tags: mining drilling, Metallurgy
Use of compressed air is increasing rapidly in industries. As per studies, it is fourth utility after water, gas electricity & steam. It is tested and found good for use in pneumatics tools, hydraulic & pneumatic control systems and further ...
Tags: Air Compressor, compressed air
In the January-August period this year, the aggregate gross profits of large and medium-sized industrial enterprises in China amounted to RMB 3.48639 trillion ($569.7 billion), increasing by 12.8 percent year on year, according to data ...
Tags: Mineral, transportation machinery
Russian mining and steel group Mechel has announced the completion of its construction of a grinding-mixing complex to produce cement, in particular blast furnace slag cement. The grinding-mixing complex was built in Chelyabinsk ...
Metal products make a huge market across the globe. These are highly demanded for their versatility in structure framing. Hence their demand is increasing everyday across the booming infrastructure market. Numerous companies today provide a ...
Metal products, especially structural steel make a valuable range for various constructive & reconstructive works. This specific products range has grabbed a strong position in the vast infrastructure market over the years owing to its ...
Tags: Stainless Steel, Machinery
BASF has introduced its new global brand Master Builders Solutions to the Underground Construction industry, encompassing Tunneling, Hardrock Mining and Coal Mining. The global brand is a sign of BASF’s commitment to the industry and ...
Tags: Construction Industry, BASF
Alfa Laval, a Swedish provider of specialized products for heat transfer, centrifugal separation and fluid handling, has secured a SEK70m ($10.88m) contract from vegetable oil plant in Brazil to provide equipment to refine crude vegetable ...
Tags: Oil Refinery Equipment
Metso Corporation’s Extraordinary General Meeting (EGM) held in Helsinki, October 1, 2013, approved the Board of Directors’ proposed plan for partial demerger and decided to demerge Metso into two companies. Metso’s Pulp, ...
CQuotient unveiled a major technology update that enables retailers to personalize marketing communications for customers at the individual level across all channels. CQuotient’s Personalized Retailing solution enables retail ...
Dave Walbran, national technical service manager, Big Lift Trucks Australia (left) with Gerry van Elden, sales and marketing manager, Big Lift Trucks Australia. Big Lift Trucks, distributors of industrial forklifts and container handling ...
Tags: Transport, Service, Lift Trucks
Arthur J Gallagher, a US-based insurance brokerage and risk management services company, has acquired RJ Dutton of Overland Park, Kansas, a provider of employee benefit consultation and brokerage services across the country. Financial ...
Tags: Arthur J Gallagher, insurance
Flygt BIBO range is modelled on the popular Flygt BIBO pump introduced in the 1960s Provider of complete fluid handling solutions, Xylem Water Solutions UK, has launched the latest line of its leading dewatering pump range, the Flygt ...
Tags: Pump, Industrial Equipment, Components