Sandvik’s Post

I love this work from our Sandvik Rock Processing Solutions team in Australia. They’re refurbishing mining equipment to extend the product lifecycle and reduce metal waste.    Our customers are looking for ways to reduce costs and optimize assets, which is also something that is close to my heart as a CFO. The work that Sandvik Rock Processing Solutions is carrying out really shows that value, sustainability and innovation go hand-in-hand. Last year, Sandvik Rock Processing Solutions saved an impressive 1,000 tons of metal and 1,900 tons of CO2 emissions - a great example of how innovation brings value to Sandvik and our customers! https://lnkd.in/ddF-rEV2 #SustainabilityShift #Innovation #GreatPlaceToWork #SandvikRockProcessing #CustomersFirstChoice #OptimizingCost

Rio Tinto backs BEV use at Kennecott Underground Rio Tinto is progressing its mobile equipment electrification move at the Kennecott underground operation near Salt Lake City, Utah, having transitioned from using Sandvik Mining and Rock Solutions battery-electric loaders and trucks in a proof of concept to commercially deploying Sandvik battery-electric TH550B trucks and a Sandvik LH518iB loader. The company has made significant investments in the last few years to support building a world-class underground mine at Kennecott, which will leverage battery-electric vehicle (BEV) technology, following a trial with Sandvik equipment in 2022 involving an LH518B loader and Z50 truck. The first LH518iB loader in North America has just been delivered to site, with the automation-capable vehicle equipped with Sandvik’s patented self-swapping battery system, including the AutoSwap and AutoConnect functions, to minimise infrastructure needs and enable the loader to return to operation significantly sooner than ‘fast-charge’ mining BEVs, Sandvik claims. Rio Tinto will complement these machines with a fleet of Sandvik TH550Bs, some of which are already operating on site. This 50-t payload truck combine Sandvik’s 50 years of experience in developing loaders and trucks with Artisan™’s innovative electric drivelines and battery packs. The electric drivetrain delivers 560 kW of power and 6,000 Nm of total torque output, allowing for higher ramp speeds for shorter cycle times and an efficient ore moving process, according to the OEM. All of this comes with zero emissions. Read the full story below... #batteryelectric #mineelectrification #Kennecott #TheElectricMine

[𝐅𝐄𝐀𝐓𝐔𝐑𝐄𝐒 𝐍𝐄𝐖𝐒] In an environment where cost control and remaining competitive and financially viable are constant challenges for operators of underground hard-rock mines, mobile machinery manufacturer Komatsu reports that employing new technology is the logical starting point for making every aspect of a mine’s daily operations more efficient and cost effective. This week's #Materials, #BulkHandling & #Logistics feature has more > https://bit.ly/3yQqLkD

ArcelorMittal’s Innovative Approach to Research and Development: Pioneering the Future of Steel https://lnkd.in/dpSSSZFq ArcelorMittal, the world’s leading steel and mining company, prioritizes research and development (R&D) to stay at the forefront of innovation in the steel industry. Their commitment to R&D enables them to develop advanced steel products, improve sustainability, and enhance operational efficiency. This article delves into ArcelorMittal’s approach to R&D, highlighting their cutting-edge technologies, sustainability initiatives, and global R&D network. Advanced Technologies in R&D 1. Focus on Innovation: ArcelorMittal places a strong emphasis on innovation, continuously investing in the development of new steel products and processes. Their R&D teams work on creating high-strength, lightweight steels that meet the demanding requirements of... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks

ArcelorMittal’s Innovative Approach to Research and Development: Pioneering the Future of Steel https://lnkd.in/dpSSSZFq ArcelorMittal, the world’s leading steel and mining company, prioritizes research and development (R&D) to stay at the forefront of innovation in the steel industry. Their commitment to R&D enables them to develop advanced steel products, improve sustainability, and enhance operational efficiency. This article delves into ArcelorMittal’s approach to R&D, highlighting their cutting-edge technologies, sustainability initiatives, and global R&D network. Advanced Technologies in R&D 1. Focus on Innovation: ArcelorMittal places a strong emphasis on innovation, continuously investing in the development of new steel products and processes. Their R&D teams work on creating high-strength, lightweight steels that meet the demanding requirements of... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks

“I think just being a company that explores, digs [rocks] out of the ground and ships a raw commodity with maybe some midstream processing will not be the valuable company in the future,” “It could be five or 10 years away … [but] you will need to become a materials provider. Being more valuable will be where you are actually doing the recycling, you’re working with car companies, etc, to use less copper, less lithium, nickel, and ultimately working with new material companies to develop new materials.” - Peter Bryant, Chair, Clareo & Chair Development Partner Institute Read the full article - https://hubs.ly/Q02PV_C60 #IMARC

Australian mining company Ionic Rare Earths Limited and British firm specializing in rare earth metals and alloys Less Common Metals have signed a Memorandum of Understanding to expand western supply chains of rare earth magnets. The MoU builds on an agreement signed in September 2023 under which Ionics UK-based subsidiary works with LCM and the motor company Ford to form a UK supply chain for recycled rare earths to magnets. The now-signed MoU also expands the partnership from magnets used in EVs to other materials like samarium-cobalt, which is also used in magnets, and scandium, which is used in aircraft construction, for example. #rareearths #rawmaterials #criticalminerals #magnets

Regardless of anyone’s personal opinions and experience surrounding the topic of re-shoring and near-shoring I suggest following Harry Moser first, and then his site: RESHORING INITIATIVE. In our case we primarily work in plastic injection molding, die casting, AM, and all the supporting industries that make those manufacturing segments a reality. From hardware OEM’s, to IMM OEM’s, CNC machine manufacturing, software, 3-d printing, etc. Manufacturing migration will always be a reality as long as there is a geographical migration of the low cost countries (LCC) labor rates. Many of these countries have the support, and focus of their government. When focused on attracting manufacturing it’s pretty impressive what has been accomplished over time. Managing topics like: tariffs, subsidies, grants, and ongoing education for companies and their staff. Being focused in education for manufacturing technologies like semiconductors, electronics, medical and pharma). Recently I have been receiving emails, texts, what’s apps, and wechats about facilities just south of the USA-Mexico border (50km into Mexico as an example) that are being built, or upgraded and renovated with all new infrastructure and IMM equiptment. All in preparation for work. They don’t have it yet in some cases, but they are preparing for it. Join the conversation by following Harry Moser and participate in the posts and events.

Great article about SKF bearing remanufaturing in the Australian Mining Magazine Bearing remanufacturing eliminates the need for replacing with a new bearing, thereby reducing energy consumption and emissions by up to 90% compared to producing a new bearing. It reflects a sustainable life cycle approach!

Cummins and an ultimate rebuild centre for Europe In October 2023, Cummins Inc. made a big move in Europe for the future with the opening of its brand-new European #MasterRebuild Centre for #highhorsepower #engines in #Krakow, Poland – the first of its kind in Europe. #Cummins is offering a range of rebuild and remanufacture options at the Centre. Its #UltimateRemanufacture solution sees the full dismantling and reassembling of the engine, with the replacement of all worn components with Genuine Cummins parts, including wear and tear components. Ultimate Remanufacture engines have a full factory warranty equivalent to a new engine. International Mining Editorial Director Paul Moore sat down with Goran Galic, Director AM Sales, Strategic Accounts Europe and Ben Schilling, Sales Director, Mining & Rail at Cummins for some more insight into the facility and the rebuild market in Europe. Galic commented: "This is a really big step for us in Europe where up until now we have had no dedicated Cummins rebuild centres on this scale. We have used smaller centres such as in Germany and the UK but not of this size and not as well equipped as this one. We have also been carrying out some standard rebuilds locally or through our dealer network, or the customers have been doing it themselves. And of course we have been offering new aftermarket engines as replacements. Now our portfolio has been extended with two new offerings – the ultimate remanufacture option which is effectively a ‘zero hour’ rebuild with a full factory warranty equivalent to a new engine. Then we have the advanced standard rebuild. Both involve the engine being disassembled, cleaned, inspected, re-machined, reassembled with Genuine Cummins parts and tested. These rebuilds we see as beneficial for both our mining customers and for Cummins." Schilling added some additional context: "I can talk about the US situation and how that has evolved over the past 20-30 years. We have been running what we call a named Master #RebuildCentre for the past 13 years – we were doing rebuilds before this but with a more basic approach. It was done in a Cummins owned or joint venture location still using #GenuineCummins parts and carried out by certified, trained technicians. But the process and process management were not as advanced as in the Master Rebuild Centre. Cummins can help our mining customers win by helping them achieve the lowest cost of production. For that we have two main levers – managing downtime and managing the inputs – ie aftermarket parts, rebuilt engines and fuel consumption. In the US, Canada and Mexico we only offer the certified, zero hour ultimate rebuild. And that is primarily because that it what the vast majority of our mining customers want. They know that this level of rebuild guarantees their lowest cost of production by limiting engine failures and extending their engine life." #futureofmining #mineofthefuture #miningengines #enginerebuilds #miningmaintenance