Metso Outotec signed an engineering, technology and licence contract worth about EUR 360 million ($424 million) to supply a copper smelter complex in Gresik, East Java, for PT Freeport Indonesia. The smelter is expected to be commissioned in 2024.
Metso Outotec will supply two 434 tph ball mills, plus apron feeders, agitators, slurry pumps and instrumentation, to NALCO's alumina refinery at Damanjodi, Odisha, and will carry out basic design of bauxite silos. The order is the third for NALCO's current expansion project.
Petrobras signed a $2.3 billion EPC contract with a Saipem and DSME joint venture to supply the P-79 FPSO for the Buzios field in Brazil's Santos Basin, with delivery scheduled for 2025.
uNyazi Sales and Services, an official distributor, is offering the Clarkson slurry knife gate valve range to the South African mining and process market.
Weir Group has won a £95 million ($127 million) order to provide aftermarket components and service for the Iron Bridge magnetite project in the Pilbara, Western Australia, running for seven years from 2022.
The US Federal Trade Commission granted early termination of Caterpillar Inc.'s acquisition of The Weir Group PLC, a deal covering several Weir subsidiaries, as of 3 November 2020.
Lufkin Industries completed its acquisition of Schlumberger's North American Land Rod Lift Business, a provider of rod lift products and services with brands including Don-Nan and Shores Lift Solutions.
KGHM ZANAM S.A. is launching production of actuators for self-propelled mining machines at its Legnica plant, with underground tests scheduled for October 2020 and capacity for over 60% of actuators used in its mining machines.
Aker Solutions signed a contract with Equinor worth about NOK 2.5 billion (approximately US$264 million) to supply four subsea templates and up to 23 subsea Christmas trees for the Breidablikk field in the North Sea, with Brazil manufacturing at its São José dos Pinhais plant.
Caterpillar signed an agreement to acquire the Oil & Gas division of Scotland-based Weir Group for $405 million in cash, pending shareholder and regulatory approval. The division is headquartered in Fort Worth, Texas.
PROK Chile won a contract to supply all conveyor idlers for the processing plant at the Sierra Gorda copper mine for the next two years, and will station technical specialists on site. The announcement is dated August 25, 2020.
Tiefenbach Control Systems will plan and supply a second complete electro-hydraulic control system for 152 record-height longwall roof supports ordered by Zhengzhou Coal Mining Machinery (ZMJ), worth about EUR 2.7 million. The supports will be used by China Shenhua.
Barloworld announced an addendum renegotiating the terms of its planned acquisition of Wagner Asia Equipment and 49% of SGMS, with the purchase consideration restructured and closing expected September 1, 2020.
MOGAS Industries has completed the acquisition of assets of Watson Valve, a Houston-based maker of severe service valves that also offers repair and coating services. Watson has a global install base of over 3,400 valves, mainly in mining.
Tiefenbach Control Systems received a follow-up order from ZMJ to plan and supply a second electro-hydraulic control system for 152 record-size roof supports for China Shenhua Energy. The order is valued at approximately €2.7 million.
Takeuchi Construction Machinery (Qingdao) began production of 40,000 sets a year of small hydraulic excavator and loader components in Qingdao West Coast New Area, as part of five projects totalling nearly 700 million yuan.
ASCO has acquired full ownership of NORM Solutions Ltd, a provider of specialist cleaning, treatment and disposal services for oilfield equipment, announced 18 May 2020.
Metso is installing a mega-size compress press at its Trelleborg factory in Sweden to increase consumables wear parts capacity, with production starting in May 2020; the first of three similar presses has a series value of EUR 10 million.
Poland's KGHM ZANAM won a tender to supply seven LKP-0703 load-haul-dump machines to K+S's Zielitz potash mine in Saxony-Anhalt, with delivery planned for mid-November 2020. The contract was reported on 14 May 2020.
ABEL GmbH installed a new horizontal machining center (Mori Seiki NHX 6300) at its Büchen, Germany site in December 2019, after renovating part of hall 2 to support it.
Baker Hughes (BHGE) and Ocean Installer were awarded an EPCI subsea contract by Vår Energi for the NOK 15 billion Balder X redevelopment in the North Sea; financial terms were not disclosed.
The Weir Group won a £100 million order to supply crushing and pump equipment, including Enduron HPGRs and GEHO pumps, to Fortescue's Iron Bridge magnetite project in Western Australia.
BQE Water was awarded a two-phase contract to design, build, commission and operate a SART plant at Shandong Zhongkuang's gold metallurgical facility in eastern China. The first phase is due within 12 months, followed by five years of operations support paid by quarterly fees.
Sandvik Mining & Rock Technology has made significant investments in its Ballygawley, Co. Tyrone plant since moving production there in 2014, including a 2017 expansion of its shot blasting area.
A Mexican mining company commissioned German pump maker Abel GmbH to supply 14 hydraulic diaphragm pumps for transporting jarosite sludge in zinc production.
Metso is establishing a new foundry in Vadodara, India, with a capacity of 20,000 tonnes, and is increasing mineral equipment capacity at its Metso Park in Alwar by 35%.
FLSmidth is acquiring IMP Automation Group, a provider of automated laboratory solutions for mining, including IMP's 50% stake in a joint venture. Closing is expected in Q2 2019 and terms were not disclosed.
Normet and Hindustan Zinc signed a four-year cost-per-hour service contract covering all Normet equipment at Hindustan Zinc mines in Rajasthan, India, worth about EUR 60 million. Normet also built a new service centre in Jaipur.
The Weir Group completed its acquisition of ESCO Corp, a surface mining ground engaging tools maker, for an estimated enterprise value of US$1285 million in Q3 2018.
Weir Minerals completed moving Delta Industrial valve manufacturing into its St Louis, Missouri facility, adding 5,000 sq ft of manufacturing space, 15,000 sq ft of warehouse space and extra shifts and staff.
The Weir Group has completed its acquisition of ESCO Corporation, effective July 12, 2018. The deal was announced in April 2018 at an estimated enterprise value of just under $1.3 billion, and ESCO will operate as a new Weir division.
Boyne Capital, a Florida private equity firm, partnered with management to acquire A.S.A.P. Industries Manufacturing, a Houma, Louisiana maker of high-pressure flow control products for the oil and gas industry. Terms were not disclosed.
Metso's board appointed Pekka Vauramo as president and CEO, effective November 2018. The announcement was made on May 29, 2018.
Weir Group agreed to acquire US surface mining parts maker ESCO Corporation in a cash and share deal valued at US$1,285 million, announced on 19 April 2018. The transaction is expected to complete early in Q3 2018.
Sibenergoresurs group launched production of high-pressure plunger pumps for mining and metallurgy in Leninsk-Kuznetsky, Kemerovo region, with a 160 million ruble investment, using technology from Hauhinko.
Atlas Copco announced plans to acquire an Australian mining service business. The article provides no further details on the target, value or closing timeline.
Volnogorsk Mining and Processing Works ordered packaging from Delis-Profi LLC valued at 46.94 million UAH, covering 206 thousand PP containers this year. The price is 2% below the expected cost of 48 million UAH.
Midwest Valves & Controls was given the opportunity to distribute SEEPEX progressive cavity pumps in New South Wales, Australia. The pumps serve mining dewatering, dust removal and other applications.
SPX FLOW launched its first North American multibrand service center in Corpus Christi, Texas, offering rental and sales of controlled bolting, repair of pumps, mixers and valves, and OEM spare parts.
Atlas Copco opened a new manufacturing unit at its Cherlapally plant in Hyderabad, India, after investing Rs 80 crore, doubling the plant's capacity and adding about 35 jobs. The unit includes a rock drilling R&D test centre.
CORTEC Manifold Systems won a contract through a Malaysian partner to supply 88 compact ball valves for a Petronas production platform, with bore sizes from 2 to 6 inches and pressure classes CL 1500 to CL 2500.
Dana Incorporated debuted off-highway drivetrain and power-transmission offerings at CONEXPO-CON/AGG in Las Vegas, including a complete drive system for 55- to 110-ton cranes and new Brevini construction solutions.
Atlas Copco will acquire Erkat Spezialmaschinen, a 40-person drum-cutter attachment maker based in Hämbach, Germany, for its rock excavation, tunnel and demolition products. The deal value was not disclosed.
Outotec has been awarded a contract by Southern Copper, a subsidiary of Grupo Mexico, to supply a concentrate filtration plant for the Toquepala concentrator expansion in Southern Peru. The contract value exceeds EUR 15 million, with delivery mostly in the second half of 2017.
Atlas Copco intends to split into two listed companies, one focused on industrial customers and the other on mining and civil engineering customers, with the mining group to be spun off to shareholders.
Rotork's Calgary facility fitted IQ3 electric actuators to fifteen gate valves for Suncor's Fort Hills oil sands mine in Alberta, and shipped them. Over 1,000 pneumatic actuators were also supplied from Italy and South Korea under the wider relationship.
Schlumberger plans to begin construction of a plant making stages for electric submersible pumps in the Lipetsk special economic zone, Russia, by end of 2016. Total investment is 3.8 billion rubles, with serial production targeted for Q1 2018.