Outotec Arranges Takeover of Filter Builder Larox

Outotec Arranges Takeover of Filter Builder Larox

Finnish mineral processing and metallurgical specialist Outotec, intent upon increasing its global business through the acquisition of complementary technologies, said it has reached agreement with certain major shareholders to acquire their A and B shares of filter manufacturer Larox's. The purchase price for the shares is to be paid in the form of new Outotec shares. Upon completion of the share transactions, Outotec will make a public tender offer for all the remaining Larox series A and B shares.

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ABB Completes On-Site SAG Mill Motor Rewind at Escondida Copper, Wins Service Contract at Goro Nickel Project

ABB Completes On-Site SAG Mill Motor Rewind at Escondida Copper, Wins Service Contract at Goro Nickel Project

ABB recently announced that rewinding of a SAG mill stator at Chile’s Minera Escondida—the world’s largest copper mine—was successfully completed, marking the first time in 40 years of gearless mill drive (GMD) history that the company has performed a stator rewind on-site. ABB also reported that it had received a $19-million, three-year service contract for Vale Inco’s Goro nickel operation in the South Pacific.

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New Underground Technology Mines One of World’s Oldest Chemicals

New Underground Technology Mines One of World’s Oldest Chemicals

If you grow it, process it, eat it, wear it, clean it or cleanse with it, watch it, listen to it, ride in it or ride on it, somewhere along the line soda ash derived from trona is involved. While the use of soda ash dates back more than five centuries, its modern source—from mined trona—is measured in mere decades.

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Siemens Strengthens Russia Presence, Sets Strategy for Changing Global Investment Climate

Siemens Strengthens Russia Presence, Sets Strategy for Changing Global Investment Climate

Siemens AG, the large German equipment and services supplier, has been doing business in Russia for almost 160 years. And, having survived wars, revolutions, and other social and economic upheavals, it appears that Siemens’ business presence there is on solid footing to carry on for many more years.

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