Representatives from HD Hyundai Construction Equipment North America joined executives from HD Hyundai XiteSolution, parent company of HD Hyundai Construction Equipment, along with representatives from Wallenius Wilhelmsen, to celebrate the grand opening of the first HD Hyundai North American Customization Plant in Brunswick, Ga. Through this consolidated customization plant, HD Hyundai Construction Equipment NA will be able to manage assembly…
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Volvo Construction Equipment marks 50 years of manufacturing in Shippensburg
It’s been 50 years since workers began building heavy construction equipment at a plant in Shippensburg, Pa. Back then, the site was owned by Ingersoll-Rand and employed about 50 people. Today, it’s the North American headquarters of Volvo Construction Equipment and employs more than 650 people. Staff gathered to celebrate the milestone Thursday in conjunction with a visit from the…
Read MoreSibanye-Stillwater PGM mines face layoffs
Sibanye-Stillwater – the owner of the only platinum and palladium mines in the U.S. – has plans to lay off 700 employees at its operations in Montana due to declining prices for palladium, reported the Associated Press. The news agency said Sibanye-Stillwater Executive Vice President Kevin Robertson explained in a letter to employees that the price of the precious metal…
Read MoreDoD invests millions in terbium production
The U.S. Department of Defense has announced a $4.22 million award to Rare Earth Salts in Beatrice, Neb., for developing and expanding production of terbium oxide from recycled fluorescent light bulbs. Terbium is an essential element for rare earth magnets in many key defense systems. It makes up less than 1% of the total rare earth content in most deposits.…
Read MoreMotion opens Texas facility
Alabama-based Motion Industries has opened a new repair shop in Houston, Tex., to benefit customers in the state and the region. The new location at 10710 Sharmon Road, will be entirely dedicated to repair and services. Its facilities include CNC and manual machine tools, lifting capacities to 30 tons, and diagnostic and testing equipment within at 75,000-square-foot space. It also…
Read MoreAgnico Eagle’s Goldex teams with Railveyor for emissions reduction
Agnico Eagle Mines Limited (AEM) has unveiled a whitepaper outlining its findings on the efficiency and environmental impact of implementing a Railveyor system at its Goldex mining complex in Val-d’Or, Quebec, Canada. The report has detailed the system’s influence on reducing operational costs, enhancing safety, and cutting greenhouse gas emissions. Goldex, an underground gold operation, had faced logistical challenges due to…
Read MoreDoD awards millions to Montana Tech for upskilling
The Department of Defense recently said it issued a $6.56 million award via the Defense Production Act Investment (DPAI) office to Montana Technological University, also known as Montana Tech. The award will fund the development and delivery of a critical workforce development program that will allow trainees to upskill their capabilities in metallurgical, geological, mining, and environmental engineering. The project…
Read More‘All-of-the-above’ strategy crucial to meet U.S. copper demand: report
The Copper Development Association has released a new report, “Copper in the US: Opportunities and Challenges”, that explores opportunities the United States has in sourcing copper, along with the need or a strategy to keep it front and center. The report was commissioned by the Copper Development Association (CDA) and conducted by S&P Global Market Intelligence. The study found that…
Read MoreFirst Majestic to acquire Gatos
First Majestic is making inroads for its silver expansion mission in Mexico with a confirmation it has inked a definitive merger agreement with Gatos Silver. Gatos has a 70% interest in the Los Gatos joint venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico. The proposed transaction implies a total equity value for Gatos of…
Read MoreCaterpillar expands Indiana large engine facility
An estimated 100 jobs will be added following an expansion of Caterpillar’s large engine facility in Lafayette, Ind., that was taken on to further meet growing customer demand. The multi-year capital investment will increase capacity for both new engines and aftermarket parts, the OEM said, and also allow it to expand its ability to build and test new engines, genset…
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