Rio Tinto has entered a definitive agreement to acquire Arcadium Lithium for $6.7 billion. The transaction, which will be implemented by way of a Jersey scheme of arrangement, is expected to close in mid-2025. “Acquiring Arcadium Lithium is a significant step forward in Rio Tinto’s long-term strategy, creating a world-class lithium business alongside our leading aluminum and copper operations to…
Read MoreDay: January 2, 2025
Southwest Critical confirms Arcadium Lithium deal
Southwest Critical Materials, an affiliate of private equity firm Kinterra Capital, has acquired the Pumpkin Hollow copper project from Nevada Copper. In August, Nevada Copper entered into a stalking horse asset purchase agreement with Southwest Critical Materials after voluntarily filing for Chapter 11 bankruptcy in June. With this acquisition, Kinterra now controls more than 11 billion pounds of copper across…
Read MoreSo you got some bad paper. Now what?
This month, I want to go back to basics and talk about the process and considerations that might drive a mine operator’s decision to challenge an MSHA citation or order. As you know, the Mine Act requires an inspector to issue a citation or order if he believes an operator “has violated this Act, or any mandatory health or safety…
Read MoreMSHA issues three safety alerts
After three miners were involved in separate preventable accidents, MSHA has released safety alerts for highwalls, dozer entrapment and haul truck rollovers. The agency reported that on September 30, a miner sustained permanently disabling injuries while operating a Caterpillar 992K front-end loader beneath a highwall. A roughly 50-foot section of highwall fell onto the loader, crushing the cab and pinning…
Read MoreMSHA reports 24th fatality of 2024
The Mine Safety and Health Administration (MSHA) has reported that a miner has died from injuries sustained while realigning some longwall shields at Arch Resources’ underground Leer mine complex in West Virginia. The 34-year-old miner, who had 14 years of mining experience, was initially injured on September 28 when the hook and strap assembly broke while attached to two longwall…
Read MoreSandvik introduces industry-first: SSAB Zero steel dump box
At the recent MINExpo International show, Sandvik underscored its commitments to reduce CO2 emissions and further develop its underground truck portfolio by showcasing its 60-plus-ton Toro diesel-electric truck demonstrator equipped with a box manufactured with SSAB Zero steel. Sandvik’s flagship large trucks, Toro TH663i and Toro TH551i, are now available with optional dump boxes made with SSAB Zero steel. The…
Read MoreRolls-Royce, Flanders run hybrid
Even more news from the MINExpo show floor: Rolls-Royce has teamed with Flanders Electric to unveil a retrofit concept to hybridize haul trucks and reduce emissions by up to 30%. The design integrates mtu engines, batteries and hybrid control systems alongside drive train solutions from Flanders. The companies’ memorandum of understanding (MOU) announced during the show covers the development of…
Read MoreLoader, dozer cable reeler attachment rolled out by Ground Force
Cable handling supplier Ground Force Worldwide has unveiled its latest product, the Cable Reeler Attachment. Engineered specifically for loaders and dozers, this new attachment revolutionizes electric cable handling with unmatched precision and safety. The Cable Reeler Attachments are designed to integrate seamlessly with most loaders and dozers, ensuring the safest and most efficient electric cable placement in the industry today.…
Read MoreMetso introduces modular Concorde Cell Plant Units
Metso is expanding its flotation portfolio with modular Concorde Cell Plant Units. The new solution consists of prefabricated and pre-installed containerized units, which streamlines the setup process and minimizes on-site installation work. Deployment is safe and rapid, resulting in faster return on investment. Metso launched the groundbreaking Concorde Cell flotation technology for efficient fine and ultra-fine particle recovery for complex…
Read MoreLeading with precision
In this month’s Executive Q&A, NAM talks to Precision Pulley and Idler (PPI) CEO Matt Buckingham about his start, trends in mining consumables, and the company’s growth path. Edited by Donna Schmidt There isn’t a mine that does not use consumables, especially the key infrastructure components that keep mines on the move. PPI, nearing 50 years in business from its…
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