Tag: sustainability

Epiroc has completed the acquisition of Kinetic Logging Services Pty Ltd, an Australian company that provides mining companies with geophysical logging services. Kinetic Logging Services, based in Perth, Australia, provides mining-technology measurement services to build improved geological models that help mining companies increase productivity. The company’s flagship product is OreSight, a highly advanced solution that provides near real-time borehole assay data and grade information. The mining companies feed this data directly into their blast pad models, allowing them to make improved decisions on production and ore blending. The company, which was part of MPC Kinetic Holdings, has about 180 employees and has annual revenues of about MAUD 30 (MSEK 195). The transaction is not subject to a disclosure obligation pursuant...

Press release from Epiroc AB May 28, 2021 Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has agreed to acquire Kinetic Logging Services Pty Ltd, an Australian company that provides mining companies with geophysical logging services. Kinetic Logging Services, based in Perth, Australia, provides mining-technology measurement services to build improved geological models that help mining companies increase productivity. The company’s flagship product is OreSight, a highly advanced solution that provides near real-time borehole assay data and grade information. The mining companies feed this data directly into their blast pad models, allowing them to make improved decisions on production and ore blending. The company is part of MPC Kinetic Holdings, has about 180 employees...

The most notable trend related to the transition to electric vehicles over the last 12 months is the acceleration in electric car sales in Europe. EV car sales in Europe now outstrip China and other Asian countries that have been active in developing lithium-ion batteries. In a recent article published by The Driven, European auto market analyst Matthias Schmidt was referenced in relation to his European Electric Car Report for the seven months to July 2020. Schmidt noted that during this period there were more plug-in electric car sales in Western Europe than in China, a country that in previous years had been considered the world’s largest electric car market by volume. It should be noted China's electric vehicle market...

VULCAN Energy Resources (ASX:VUL | FWB: 6KO) has doubled its share price since its low point in March, when COVID-19 struck global markets. The company’s recovery on the market, is due to the work it is doing to help the world become a more sustainable place. When COVID-19 struck, Vulcan’s stock was sold off to as low as 15¢ per share amid the uncertainty, having climbed to 38¢ per share — an almost 150% gain from the start of the year. Since then, buyers have begun to return to the stock, more than doubling the company’s share price from its March lows. Further gains are predicted, with German research house Alster Research setting a price target of $2.45 (€1.45) per...

Vulcan makes zero carbon transportation possible By Meagan Evans A global shift in capital allocations is underway. Trillions of dollars are flowing into sustainable or green investments, as the, ‘environmental, social and governance’ (ESG) sector shakes off its image as simply a feel-good investment class. New evidence demonstrates that profitability and environmental footprint are not mutually exclusive — but that ESG performance does in fact correlate with good financial results. Corporate boards are cleaning up their operations and supply chains to be carbon neutral and environmentally friendly, while global fund managers are allocating to climate and eco-friendly companies, and increasingly refusing to back coal and fossil fuels. In fact, the world’s largest fund manager, BlackRock — which manages nearly US$7...