Industry News

President Donald Trump, in a move that has sparked both controversy and debate, signed executive orders Tuesday aimed at bolstering the coal industry in the U.S. The backdrop for this announcement was a carefully staged photo op at the White House, f

The mining industry is on the cusp of a significant shift, thanks to a strategic investment that could redefine the power dynamics of heavy-duty equipment. Greenidge, a South Korean lithium titanate oxide (LTO) battery company, has secured a $1.5 mil

The offshore drilling rigs market is on the cusp of a transformative decade, with projections indicating a robust growth trajectory from $92.83 billion in 2024 to $129.76 billion by 2029. This escalation, marked by a 6.7% compound annual growth rate

Bayan Mining and Minerals is making waves in the sustainability arena, securing an exclusive license for advanced solar recycling technology from Macquarie University. This isn’t just a licensing deal; it’s a bold stride towards a greener future, and

Rio Tinto is stepping into the future of steelmaking, supplying 70% of the iron ore for a groundbreaking hydrogen-based steelmaking plant in Linz, Austria. This plant, a joint venture between Austrian steelmaker voestalpine, steelmaking technology pr

At bauma Munich 2025, Caterpillar (Cat) unveiled its new Cat 775 off-highway truck, a bold stride into the future of autonomous-ready haulage technology. This isn’t just an incremental update; it’s a next-generation design, with a 65-tonne payload ha

In a move that has sent shockwaves through the energy sector, President Donald Trump has signed executive orders aimed at revitalizing the coal industry, framing the push as a necessity to fuel the growing demand for artificial intelligence (AI). The

In a bold stride towards greener mining operations, Microvast Holdings, Inc. has joined forces with Tonly Heavy Industries to deploy their TLH135 extended-range hybrid mining trucks, powered by Microvast’s high-power battery systems, at a mine in Inn

K92 Mining has sent shockwaves through the mining sector with a jaw-dropping 74% surge in gold equivalent production for the first quarter of 2025. This isn’t just a blip on the radar; it’s a full-blown meteor strike that’s got investors sitting up a

EnviroGold Global Limited, a trailblazer in clean technology for the mining sector, has announced its strategic insulation from the current U.S. government tariffs, positioning itself as a beacon of stability in an increasingly uncertain global trade