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…
This week Russell Mineral Equipment was announced as the National Reconstruction Fund Corporation’s first investee, with the NRFC taking a $40 million stake in the company alongside US-based private equity firm Resource Capital Funds. Earlier this year, RME was a gold award winner in @AuManufacturing‘s Australia’s 50 Most Innovative Manufacturers campaign for 2024. Below is…
Minerals processing equipment manufacturer Gekko Systems has launched the Wolff Batch Centrifugal Concentrator (Wolff), a technology designed to transform gold processing by utilising ‘dirty’ water. This ‘first of its kind’ innovation enables mining companies to recycle water efficiently, addressing water stewardship while reducing maintenance costs and requirements, according to the Ballarat, Victoria company. In some…
Five companies in the state have been awarded $1.25 million in total under the Minerals Research Institute of Western Australia (MRIWA) METS Innovation Program. According to a statement from WA mines minister David Michael, the funding of $250,000 per grant is matched by each mining equipment, technology and services (METS) sector company, aiding projects that…
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…
Aluminium chemicals company Alpha HPA’s pilot Stage 1 factory at Gladstone, Queensland is producing 1,200 kgs of battery precursor materials per week even as the company advances construction of its adjacent $550 million high purity alumina plant (pictured). The large scale plant utilises the latest in process control systems and automation in a facility capable…
GreenHy2 to provide hydrogen power generation, storage to Telstra Hydrogen energy storage manufacturer GreenHy2 has signed a Federal Government Grant to provide its Hy2MEDI generation and storage system to Telstra. The System, valued at $1.5 million, will be funded by the Australian Government from the Telecommunications Disaster Resilience Innovation (TDRI) Program, Power Resilience Round. GreenHy2…
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…
Mining and energy company Fortescue’s hydrogen-powered haul truck prototype, dubbed ‘Europa’ by the company, has arrived in the Pilbara region of Western Australia where it will undergo site testing. The Liebherr T 264 haul truck will be tested in a real-life mining environment at Christmas Creek, informing decisions on the company’s future fleet of zero…
@AuManufacturing and Epicor have assembled a group of manufacturing leaders to discuss how they navigate and prosper in times of rapid change in technology, the digitisation opportunity and the ups and downs of the economy. To survive and prosper manufacturers are doing something right – in Lessons in Resilience, you will hear how from three…
