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.
A GIW Industries’ LSA model pump installed at the Noranda Alumina Plant in Gramercy, Louisiana, USA, has operated continuously with only routine maintenance for 52 years. Installed at the plant startup in 1959, the LSA pump operates on the plant’s press floor turnback area, handling bauxite mud slurry at a specific gravity of 1.25 and temperature of 125oF.
