CSIRO, HILT CRC announce $10 million green metals initiative A $10 million Green Metals Innovation Network (GMIN) — led by CSIRO in partnership with the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) – was announced on Tuesday. According to a statement from CSIRO, the federal government-funded initiative will bring together research, government and…
Mining equipment manufacturer Austin Engineering has received purchase orders for 17 heavy load haul truck trays from a tier one iron ore producer in India, its first in this prospective market. The orders for the ULTIMA trays will form part of a tray replacement programme with a service life of approximately four years. Austin’s expectation…
Mining equipment manufacturer Austin Engineering has won more than 100 orders for new min truck trays at its Chile business in the first three months of FY25. The orders are collectively worth $35 million and represent significant, and potentially ongoing incremental business over the previous year, according to the company. The bulk of the purchase…
Mining equipment manufacturer Austin Engineering has made the first shipment of an Armadillo electric rope shovel dipper bucket, following its acquisition of bucket specialist Mainetec in 2022. In a statement on Tuesday, Austin said the bucket was on its way to an unnamed customer for use on a US copper mine. The order was claimed…
Mining equipment manufacturer Austin Engineering has continued its run of strong sales and profit increases in FY24, announcing underlying EBITDA up 48.9 percent to $46.6 million on revenue up 21 percent to $313.2 million. As the company continued its improvements driven by its Austin 2.0 programme begun in 2021, Austin reported a statutory NPAT of…
Queensland science strategy to support new industries The Queensland government has launched a Future Queensland Science Strategy 2024-2029 which aims to capitalise on fields such as renewable energy, climate change mitigation and quantum and advanced technologies. It will seek to generate and translate Queensland’s scientific endeavours into new industries and investment. Science Advisory Council Queensland…
Mining equipment company Austin Engineering has announced a revised remuneration package for its CEO and Managing Director David Singleton this financial year, and that Singleton will remain in his role until June 30, 2025. In a statement on Monday, the Perth-headquartered company – which manufactures large dump truck bodies and other equipment for the mining…
Increased copper production in Chile and the positive outlook for copper are driving growth of the Chilean business of mining equipment manufacturer Austin Engineering. The Perth company told investors that Austin Chile had won a $2.5 million order for a full Cat 7495 dipper bucket for a local customer – a product it acquired with…
Mining equipment manufacturer Austin Engineering has revealed it has been awarded purchase orders for significant previously anticipated programmes that will contribute to a growing order book for the current and subsequent financial years. Austin in Chile has been awarded the first tranche of purchase orders for OEM style truck trays worth circa $7 million to…
By Peter Roberts For those hesitating on embarking on a company improvement process hesitate no longer – Perth mining equipment manufacturer Austin Engineering has shown the massive benefits available from reorganising and streamlining operations and investing in new machinery and manufacturing processes. The company, which manufactures large dump truck bodies for the mining sector and…