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.
Metso is to supply another tandem rotary railcar dumper to Hamersley Iron in Australia. The equipment will be delivered to Hamersley Iron’s Cape Lambert, Port B iron ore operation in North Western Australia. The order includes spare parts, technical assistance during installation, pre-commissioning, commissioning and performance testing. The design allows for lower maintenance and higher, more efficient material output flow, and ease and safety of maintenance is improved through a reduction of overall components. (more…)
