A Perth-based company using thermal desorption to recycle rubber tyres is preparing to list on the Australian Stock Exchange.
Pearl Global will list as PG1 on the ASX after raising $5 million in new funds.
The
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HammerTek’s ‘Smart Elbow’ lands Down Under
HammerTek has launched its line of pneumatic conveying system deflection elbows in Australia, via its local distributor Flexicon.
The company’s ‘Smart Elbow’ is designed to prevent elbow wear, material
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Miners should double as futurists in 2018: Deloitte
Miners will have to embrace automation, robotics and artificial intelligence to survive a disruptive 2018, according to a new report from advisory firm Deloitte.
In its new Tracking the Trends paper,
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BHP to write-off $300m in Chilean conveyors
A major expansion at BHP’s Escondida copper mine in Chile has made redundant roughly $300 million in conveyor equipment, value the miner will write-down in its FY18 finances as a result.
BHP owns 57.5%
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Rio nearing major bulk handling contracts for Amrun
Rio is reportedly developing its $2.4 billion Amrun bauxite project near Weipa with the potential to more than double in capacity, should market conditions warrant such an expansion.
Rio is said to be
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Two iron ore mines, electric car plant on horizon for Gupta
British billionaire Sanjeev Gupta has continued to blaze a trail in South Australia, with plans announced for two new iron ore mines, and a prospective electric car plant.
Gupta, chairman of the GFG Alliance
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Gupta stays bullish on industry sector revival
Whyalla steelworks saviour Sanjeev Gupta says he expects more investors to follow his push into the heavy industry sector, as global growth synergises with technological development to create new opportunities.
Gupta
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Linfox goes to court over toll roads as NSW spruiks WestConnex to builders
Trucking group Linfox is headed to Federal Court to challenge the effective application of a road user charge on privately-owned toll roads around the country.
Company founder Lindsay Fox estimates his
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Trump’s tax moves to save Brambles $160m
Australian pallet, crate and container supplier Brambles expects a one-time improvement of between US$125 million and US$155 million (A$160m-A$198m) in its balance sheet as a result of US President Donald
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Rio trucks 50% autonomous by 2019
Rio Tinto has announced it will have more than 50% of its haul truck fleet operating autonomously by mid-2019, after it signed agreements with Caterpillar and Komatsu to convert old trucks to autonomous
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