The international Renewable Energy Agency (IRENA) suggests that the transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security. This is reflected in a new report published by the agency. The report was released at IRENA’s 14th Assembly, in Abu Dhabi, attended by […]
Year: 2024
Leading technology company Siemens AG is set to acquire the industrial drive technology (IDT) business of ebm-papst. The business, which employs around 650 people, includes intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems. These systems are used in free-range driverless transport systems. The […]
Starting out in 1994 to serve the Cape Town metropolitan area with a range of low voltage electric motors, WEG Africa’s Cape Town branch has grown in size and the range of products and solutions it offers. WEG Africas new Cape Town premises reflect how the branch has grown WEG […]
With its extensive array of products, skills, expertise, and knowledge, Multotec will be participating in the 11th World Conference on Sampling and Blending, taking place from the 21 to 23 May 2024, in South Africa. The event will offer valuable insights for academics, manufacturers, engineering firms and practitioners striving to […]
Vertiv, a global provider of critical digital infrastructure and continuity solutions, has introduced the extension of the Vertiv Liebert GXT5 Lithium-Ion double-conversion, on-line uninterruptible power supply (UPS) system for 5kVA-10kVA Global Voltage (GV) (200V-240V; Default 230V) applications. This expansion of the Liebert GXT5 Lithium-Ion line to 10kVA (from 1-3kVA) further rounds out the Vertiv […]
SIBANYE-Stillwater aimed to conclude a portion of an estimated $500m to $1bn in potential streaming or metals prepayment deals before it announced its half year results in August, said the group’s CEO Neal Froneman. “We don’t get any credit for our gold by-product from platinum group metals (PGMs) and it’s […]
Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter. The company in February had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt, a move that will help the Canadian miner […]
A recent report by European consultancy DNV has projected that China’s coal consumption will decrease by approximately one-third by 2040, posing a challenge to global climate targets aiming to phase out coal use by the same year. While the International Energy Agency emphasizes the necessity of eliminating global coal power […]
Regardless of where an air pressurised system is being used, be it in commercial vehicle air brake systems, passenger vehicle suspension systems, workshop or production line pneumatic tools, pneumatic lifts or even dentists’ drill, an air leak negatively affects the performance of the pneumatic system with a host of costly […]
Canadian miner Madison Metals has sent a jolt of excitement through the resource sector, outlining priority drill targets at its Khan Project in Namibia. This news comes as a welcome development for investors eager to capitalize on the growing global demand for uranium, a critical fuel for clean nuclear energy. […]