Austin Engineering pays dividend as recovery continues

Mining equipment manufacturer Austin Engineering has declared its first dividend in six years as mining customers returned to purchasing its world-leading range of ore dump truck bodies. The company manufactures surface and underground dump truck bodies, buckets, water tanks, tyre handlers, engineering solutions and other ancillary equipment used in the mining industry. While Austin reported…

Advanced Braking the technology of choice in mining

Perth’s Advanced Braking Technology (ASX: ABV) has made good progress in the past year in stabilising the company’s financial position. Chairman Dagmar Parsons told the company’s annual general meeting that the company had undertaken a strategic review, driven cultural change and identified cost savings. She said progress had been made towards the goal of returning…

Profile of success – Elphinstone and Caterpillar

Tasmanian mining equipment manufacturer Elphinstone has made a remarkable comeback as an OEM manufacturer to the global Caterpillar group. The Burnie company, which employs 2,500, first shot to prominence when it modified Caterpillar surface equipment to operate underground. Eventually it grew into a 50: 50 joint venture with Caterpillar, designing and making underground load, haul,…

Dig deep: Australia’s mining know-how makes it the perfect $150m partner for NASA’s Moon and Mars shots

By Andrew Dempster, Director, Australian Centre for Space Engineering Research; UNSW   In the wake of Prime Minister Scott Morrison’s meeting with US President Donald Trump, the Australian government announced on Sunday a commitment of A$150million “into our local businesses and new technologies that will support NASA on its inspirational campaign to return to the…

GroundProbe emerges as growth engine for Orica

Explosives and mine technology group Orica (ASX: ORI) has announced that its 2017 purchase of the GroundProbe business has exceeded expectations with the new division considered a growth engine for the company. GroundProbe, which makes laser and radar monitoring and measurement systems, cost Orica $205 million to buy but has exceeded the company’s original business…