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Mining

Terex equipment for mining. (Image source: Terex)

Terex, which provides compact and mid-sized crushing and screening equipment, has launched Magna, a new brand to address the demands of large-scale operations in the quarrying, mining, construction, and recycling industries. 

Magna aims to offer a new range of robust, high-capacity machinery tailored to meet the needs of customers requiring larger output and volumes. 

Magna will leverage the global presence of Terex that spans across all continents, providing high-quality solutions supported by a global network of skilled distributors. 

Pat Brian, vice president of Terex Aggregates explains, “While we have a prominent position in the global market for compact and mid-sized materials processing equipment, Magna will position us to serve customers requiring higher output machines, via our renowned and extensive global distribution network. With an ambitious product roadmap and supported by Terex-wide engineering, manufacturing, marketing, parts, and service capabilities, Magna will provide significant growth potential for Terex.”

Spearheading the launch of Magna is Neil McIlwaine, newly appointed business line director. Having previously worked for Finlay, Neil completed several successful assignments in China and South Africa to establish and increase Finlay’s distribution footprint and continued growth strategy globally. 

“I am excited to leverage my experience to drive innovation, growth, and success for Magna,” said Neil McIlwaine. “Large and robust crushing and screening equipment is essential for quarries and other operations that require high output and volumes. Magna truly is made for more; with equipment that is designed to have more power to handle more material throughput efficiently, ensuring more productivity and more cost-effectiveness for customers."

VSF solvent extraction technology is recognized worldwide and is used, for example, in the largest copper solvent extraction facilities across the globe.

Metso, a provider of end-to-end solutions and services for the aggregates, minerals processing and metals refining industries, has announced an expansion to its solvent extraction offering and has introduced the VSF X solvent extraction plant with extended scope

Saudi Arabia saw an increase in operating revenues, surging by nearly 63% in 2022. (Image source: Canva)

GCC countries such as Saudi Arabia and the UAE are increasingly investing in mining operations, both at home and in African countries

EGA ships some 22 million tonnes of aluminium, bauxite and raw materials around the world each year. (Image source: EGA)

Emirates Global Aluminium (EGA) says its has become the first aluminium producer and the first Middle East company to join the Sea Cargo Charter

Almarri at The Mining Show. (Image source: Alain Charles Publishing)

In a keynote address at The Mining Show in Dubai, H.E. Saif Ghubash Almarri, Assistant Undersecretary for Petroleum, Gas & Mineral Resources at the UAE's Ministry of Energy and Infrastructure, laid out an ambitious vision for the future of the country's mining industry.

Almarri emphasised that this event is "more than just a conference" - it is a "call for action" that brings together government, businesses, and innovators to collaborate on building solutions to global challenges.

“Our world is at a turning point. The demand for minerals, particularly energy transition minerals, is soaring, driven by our collective ambition to embrace clean energy and a sustainable future,” he said.

“Lithium, copper, cobalt-these are no longer just elements on a periodic table. They are the building blocks of tomorrow's energy, powering electric vehicles, renewable grids, and technologies that will shape the next century.”

Growth of the sector

The strategic goals outlined by Almarri are nothing short of transformative. The UAE aims to increase the presence of mining companies by 10%.

This builds on impressive recent achievements, including a 61% rise in the UAE’s industrial exports reaching US$187bn by the end of 2023, and a 55% contribution from the sector to GDP growth over the past three years, hitting US$205bn.

However, Almarri made it clear that the focus extends far beyond just the numbers.

"Progress with environmental responsibility" is the true north star, he stated. The keynote emphasised that the mining industry's impact spans exploration, materials, investments, and ultimately, the demands placed on countries, communities, and the planet as a whole.

To address this multifaceted challenge, Almarri promised that the discussions at The Mining Show would delve into "extreme insights" and cutting-edge technologies. The goal is to find innovative ways to meet the industry's environmental responsibilities while harnessing the power of today's capabilities.

Underlying it all is a call for renewed collaboration. By bringing together diverse stakeholders, the UAE aims to catalyse solutions that balance economic progress with environmental stewardship - a model that could have far-reaching implications for the global mining sector.

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