Displaying items by tag: mining

UK: US-based Stellex Capital Management has acquired ready-mix concrete producer and haulier Fox Brothers. Fox Brothers’ portfolio also includes aggregates recycling, quarrying and muck-away services, under subsidiaries including B&W Plant Hire & Sales, Monks Training Services, Tipworx and Woods Waste. Following its acquisition by Stellex Capital Management, Fox Brothers will now merge with ready-mix concrete and aggregates producer JA Jackson.

Peru: Switzerland-based Holcim has acquired ready-mix concrete producer Mixercon and industrial minerals producer Comacsa for US$100m combined. Noticias Financieras News has reported that the acquisitions mark Holcim’s entry into Peru, strengthening its hold in the South and Central American market.

Regional head Oliver Osswald said "The incorporation of Comacsa and Mixercon will allow us to generate synergies and develop export markets.”

Bulgaria: The government has licensed concrete and aggregates producer Balastrieri to conduct aggregates exploration on land in Yakoviya Chiflik, Plovdiv. SeeNews has reported that the licence will last until April 2025. Balastrieri plans to invest €13,800 in exploration at the site.

US: CR Minerals has signed a contract with mining company Rio Tinto for the supply of mineral waste from the latter's subsidiary US Borax's boron mining operations in California. CR Minerals will use the waste to produce pozzolans to replace cement in local concrete production.

CR Minerals president Jeffrey Whidden said "We have been working with Rio Tinto for several years now to bring this concept to life. Taking what was once considered waste streams and turning them into usable products for the construction materials industry is part of the vision of our company."

Finland: Betolar has patented a method for producing binder from the by-products of metal extraction. The method uses metallic effluent, sludge and dregs generated by the bioleaching of ores.

Chief innovation officer Juha Leppänen said “The ability to produce new solutions for the utilisation of sidestreams is essential to the functioning of our ecosystem. Betolar has a rapidly growing patent portfolio considering its age. We have already obtained approved patents for five inventions of ours.” He added “Waste materials, such as gypsum sludge, can also be used in other construction applications which will be of great value to Betolar's business in the future.”

France: Holcim has acquired six new aggregates quarries in Eastern France from FAMY Group. The group says that the quarries serve the Dijon, Lyon and Geneva, Switzerland, markets. It previously acquired new aggregates and ready-mix concrete operations in the ‘growing’ region in 2021.

Europe, Middle East and Africa regional head Miljan Gutovic said “This acquisition expands our footprint in the highly attractive Rhône-Alpes region, confirming our ambition to revitalise key urban areas from Lyon to Geneva. This expansion is in line with our strategy to accelerate green growth and play our part in Europe’s net-zero transition. Our combined businesses and improved market access will provide an excellent platform to further strengthen our range of sustainable building solutions, such as ECOPact green concrete. I warmly welcome all FAMY Group employees into the Holcim family and look forward to unleashing our next era of growth together.”