Rio Tinto has signed a binding agreement to sell its entire interest in the Grasberg mine in Indonesia to PT Indonesia Asahan Aluminium (Persero) (Inalum), Indonesia’s state mining company, for $3.5 billion. Separately, Inalum has signed a binding agreement...
A qualified infrastructure development requires funds, labor costs, quality improvement, safe and healthy construction work (K3), technological innovations, and many more. Therefore, the role of stakeholders in infrastructure development in Indonesia is essential. This statement was confirmed by Anita Firmanti,...
Terex Corporation (NYSE:TEX) today announced second quarter 2018 income from continuing operations of $55.9 million, or $0.73 per share, on net sales of $1.4 billion. In the second quarter of 2017, the reported income from continuing operations was $95.4...
The groundbreaking ceremony of the Zoomlion Yuanjiang Intelligent Manufacturing Industrial Park Construction Project was held on August 26, marking the official beginning of transformation and upgrading of the Zoomlion Yuanjiang Intelligent Manufacturing Industrial Park. After completion, the Zoomlion Yuanjiang...
Well-known exhibitors ramp up their trade fair presence Kaeser Kompressoren SE and Tata Hitachi make their debut India’s construction machinery market continues to grow  These are positive signs that are also reflected in the number of...
Orica and Guizhou Jiulian Industrial Explosive Material Development Co Ltd (“Jiulian Development”) have signed an agreement to work toward creating a new civil explosives, initiating systems and blasting services joint venture in China. Orica CEO, Alberto Calderon, said, “The proposed...
Metso has today closed the acquisition of an Australia-based wear lining solutions provider WEARX. The company's sales in the fiscal year 2017 that ended on June 30 were AUD 35 million (EUR 23 million) and it has approx. 140...
As demand for John Deere construction equipment increases around the globe, the Moline-based manufacturer is entering into a strategic supplier agreement with Wacker Neuson to initially provide compact excavators in China, Southeast Asia, and Oceania. The models will range...
Rio Tinto has been informed by Hydro that it has withdrawn its offer to acquire the ISAL smelter in Iceland, its 53.3 per cent share in the Aluchemie anode plant in the Netherlands and its 50 per cent share...
The Australian sales and service company of the Liebherr Group will take over on the 1st of January 2019 the business activities, including all the employees and locations of Morrow Equipment Co. L.L.C. in Sydney, Brisbane and Wellington. According to...

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