EVRAZ to consolidate coal businesses under PAO Raspadskaya

EVRAZ plc (LSE: EVR; “EVRAZ” or the “Company”) today announces plans to consolidate its coal businesses, operated through AO UCC Yuzhkuzbassugol (“YUKU”), under PAO Raspadskaya (MOEX: RASP; “Raspadskaya”) (the “Transaction”). The contemplated Transaction values 100% of the equity capital of YUKU at RUB 67,741 million. The Transaction is expected to be completed by the end of December 2020, subject to corporate approvals from Raspadskaya shareholders.

Five ways your engine can help to maximize your uptime

Keeping industrial equipment running is a top priority for owners, as every minute of downtime costs money. Did you know that your engine choice, and how you use it, has a big impact on uptime? Read on to discover five ways to maximize your uptime.

Speedcast Deploys Nokia Industrial Private LTE/4.9G Solutions Globally

Speedcast International Limited (ASX: SDA), the world’s most trusted communications and IT services provider, announced today a long-term agreement with Nokia to deploy its industrial-grade private wireless solutions globally via the Nokia Digital Automation Cloud. Through this new collaboration, Speedcast is providing remote backhaul, data and voice connectivity to enterprise customers, covering areas up to a radius of 30 km and supporting hundreds of users from a single cell. The network will also support critical, high-bandwidth applications with low latency requirements.

Voith successfully implements first BeltGenius ERIC system

The mining industry is facing serious challenges, including declining ore concentrations, harsh weather conditions at remote locations and a growing interest in environmental protection. Voith is responding with new digitalized solutions to meet these challenges and to permanently increase mine productivity. Voith has been successfully running a first prototype of the digital twin BeltGenius ERIC at a renowned European mine operator for some time now.

Ninety years of innovation and excellence

While it’s true that 2020 has presented some unprecedented global challenges, it is also a year of celebration for Kobelco Construction Machinery (KCM). This year marks 90 years since the manufacturer created Japan’s first electric mining shovel in 1930, an innovation that would go on to have a significant impact on both the business and the worldwide construction industry.

Electric-Powered Construction Equipment: More Options Come to Market

Case Project Zeus Electric-powered vehicles (EVs) have made their way into just about every construction application. Once regulated to niche applications, such as non-mobile equipment, the smallest of compact excavators and large mining trucks, now every machine type is being equipped with electric power sources.

5 Misconceptions About Technology for Site Prep Contractors

The education session “Drones on Construction Sites for All Contractors” was presented at CONEXPO-CON/AGG 2020.

From machine control to drone survey data, material takeoffs to volumetric calculations and progress reporting, site prep contractors have many ways they can incorporate new technologies into their workflow, but misconceptions are holding some contractors back.