Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Volvo Construction Equipment (Volvo CE) chose a German wheel loader customer to demonstrate the new L250G wheel loader – which is transforming the way the company does business. The L250G has revolutionised efficiency for LBT. It provides a perfectly sized machine for loading semitrailer trucks in rehandling applications and rigid haulers at the rock face. The L250G effortlessly tackles a variety of tasks. And rather than making four cycle loads, the L250G can finish the job in only three because of its larger bucket. This is saving time and money – as well as fuel. (more…)