USA Rare Earth will acquire Brazilian rare earths miner Serra Verde for $2.8-billion in cash and shares, the two companies said on Monday. The US company will pay $300-million in cash and 126.9-million newly issued shares of its stock for the transaction, which is...
Global energy demand growth slowed to 1.3% in 2025, which is slightly below the preceding decade’s average of 1.4% and significantly lower than in 2024, while global electricity demand increased by about 3%, which is more than twice the rate of overall energy demand...
Cummins is kicking off a global celebration in 2026 to mark 100 years of powering the mining industry, citing a century of innovation and partnerships in some of the world’s toughest operating environments. From early applications in the 1920s powering rope shovels...
Yancoal has delivered a steady March quarter, maintaining production guidance for 2026 while navigating rising diesel costs and shifting coal market dynamics. The quarterly update comes on the back of the news last week that Yancoal will acquire a majority stake in...
MMD Group Limited (“MMD”) has signed a Memorandum of Agreement with CiDi Inc. (“CiDi”) to integrate advanced autonomous driving technology within the TraxIQ platform, enabling a new approach to material handling. Under the agreement, MMD will continue to lead the...
Hitachi Construction Machinery has advanced its push into mine electrification, showcasing a full battery-powered haul truck at a major African copper operation as it eyes commercial deployment later this decade. The Hitachi Construction Machinery hosted its “Battery...
