WORLD PROSPECTS
FLSmidth completes TK Mining acquisition
FLSmidth on August 11 announced that all conditions and requirements for the acquisition of thyssenkrupp ’ s Mining business ( TK Mining ) have been met . In accordance with the sale and purchase agreement , final closing of the transaction will take place on the last business day of the month . Accordingly , the transaction was to close on 31 August 2022 . All regulatory clearances have been service provider with operations from pit-to-plant obtained without imposition of any competition with a strong focus on productivity and related remedies . sustainability . The new company has particular TK Mining is a leading full-line supplier of market strength in comminution including solutions for mining systems , material handling , primary gyratories and HPGRs as well as in-pit mineral processing and services . The crushing & conveying ( IPCC ). combination of FLSmidth and TK Mining will
FLSmidth Group CEO Mikko Keto commented : create a leading global mining technology and “ Today ’ s announcement marks a significant milestone in the history of FLSmidth . We are very excited to soon welcome our ~ 2,000 new colleagues and TK Mining ’ s customers to FLSmidth . The completion of the acquisition contributes to FLSmidth ’ s strategic growth ambitions within Mining . Our combined company will offer customers a stronger , complementary value proposition , while creating significant aftermarket opportunities , driving value creation through compelling synergies and further strengthening our sustainability and digitalisation agenda .”
Further impact of the transaction , including updated financial guidance for 2022 , will be communicated no later than in connection with the release of FLSmidth ’ s financial results for the first nine months of 2022 on 8 November 2022 . www . flsmidth . com
ERG to power Kazchrome Donskoy mine from new wind farm
Eurasian Resources Group ( ERG ), the energy to neighbouring industrial facilities and leading diversified natural resources the Aktobe region more widely , thereby reducing producer , has announced that it plans to Kazakhstan ’ s usage of coal . invest nearly US $ 230 million in building a major This will be ERG ’ s first proprietary wind farm wind power plant in Kazakhstan , the Group ’ s project , and forms part of the Group ’ s ambitious country of origin .
ESG Strategy and decarbonisation programme . In
To be commissioned in 2024 , the new total , by 2030 , ERG plans to reduce its emissions renewable energy facility will have a capacity of to air by 56 %, emissions to water by 30 % and up to 155 MW , making it the most powerful plant water consumption by 33 % through its in the Aktobe region , and is expected to reduce Environmental and Energy Strategy . CO2 emissions by around 520,000 t annually . ERG ’ s Chairman of the Board of Directors Dr
The wind turbine park will extend over 150 Alexander Machkevitch , members of the Board of hectares near the town of Khromtau in
Directors Patokh Chodiev and Shukhrat Kazakhstan and will be constructed using the Ibragimov , and the local head of government latest engineering and technology . Around 300 ( Akim ) of the Aktobe region Ondasyn Orazalin jobs will be created during the construction have attended a capsule-laying ceremony at the phase , and the facility will provide 30 permanent construction site of the wind power plant . jobs once it is commissioned .
Dr Alexander Machkevitch said : “ President of
The wind power generated will be used to the Republic of Kazakhstan Mr Kassym-Jomart supply ERG ’ s Kazchrome Donskoy GOK plant , the Tokayev recently announced that Kazakhstan largest industrial enterprise in the Aktobe region , intends to achieve carbon neutrality by 2060 , and and cover the plant ’ s growing energy needs as it ERG is in full support of this initiative . This new increases its production capacity in the coming plant is an important step and I believe that years . In addition , the wind farm will supply Donskoy GOK ’ s transition to wind power will be a
Cummins opens Power Integration Center
Cummins Inc . has celebrated in August the grand opening of its new microgrid lab , the Power Integration Center ( PIC ) at its Power Systems facility in Fridley , Minnesota . The PIC is a state of the art facility that allows for the configuration , integration and testing of power system technologies including diesel and natural gas generator sets , PV solar panels , battery storage systems , fuel cells , transfer switches , switchgear and system level controls . and build power systems to meet sustainability “ The PIC is the realisation of a significant goals for a greener future ,” said Gary Johansen , investment in engineering technology and
VP – Power Systems Engineering and Project innovation that will impact how companies use Sponsor .
great success , and one that we will look to replicate at ERG ’ s other facilities . We hope that the construction of this wind farm serves as an example for other large enterprises in Kazakhstan , and takes the country closer to the ambitious goal of becoming a carbon-neutral state .”
The powerful IEC S-class turbines to be used at the wind power plant can generate electricity in a range of weather conditions and with wind speeds from 3-25 m per second . This will ensure that the necessary power output can be generated , despite the extreme continental climate of Western Kazakhstan . https :// www . eurasianresources . lu
With changing government regulations , increasing cost of operation , inclement weather conditions , and the instability of power grids , customers , including in the mining industry , are driving the needs for more reliable and efficient microgrid solutions . The PIC allows the ability to experiment with multiple potential power system solutions directly along with Cummins engineers .
This allows for timesaving , cost-saving and the ability to optimise a unique power system for their project . “ With this center , we ’ ll be able to enhance our offerings throughout the product lifecycle ,” said Satish Jayaram , IDEA Program Office Leader and Project Sponsor . https :// www . cummins . com /
10 International Mining | SEPTEMBER 2022