Germany’s Chancellor plans lithium deal with Serbia after Rio ruling
Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry.
With a long-term view toward enhancing support for mining customers, Caterpillar announced plans on Friday to build a mining truck facility in Indonesia and to invest to increase capacity at the company’s large mining truck facility and large track-type tractor facility in the USA. The new mining truck facility is planned for Batam, Indonesia. A range of mining truck chassis and bodies will be produced at the new facility and will be shipped to customers throughout Asia\Pacific. The company plans to invest about $150 million in the new facility, which is expected to be operational in 2012 for truck bodies, with the first trucks produced in the third quarter of 2013. (more…)