Engineering & Mining Journal

OCT 2018

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OCTOBER 2018 • E&MJ 77 www.e-mj.com SUPPLIERS REPORT championship-level contestants on the U.S. game show Jeaopardy!. TM4 to Supply Electric Motors to Dana Dana Inc. and Hydro-Québec announced a joint venture in which TM4 Inc., a sub- sidiary of Hydro-Québec, will become Dana's source for electric motors, power inverters and control systems. Dana will become a majority shareholder of TM4 in exchange for $127 million. Hydro-Qué- bec will maintain a 45% interest in TM4. TM4 designs and manufactures mo- tors, power inverters, and control systems for electric vehicles, offering a comple- mentary portfolio to Dana's electric gear- boxes and thermal-management technol- ogies for batteries, motors and inverters. The transaction reportedly establishes Dana as the only supplier with full e-Drive design, engineering, and manufacturing capabilities offering electromechanical propulsion solutions to each of its end markets. It also strengthens Dana's posi- tion in China, Dana reported. Separately, Dana announced the pur- chase of the drive systems segment of Oer- likon Group for approximately $600 mil- lion. The acquisition is expected to close in the fourth quarter of 2018 or first quarter of 2019. Oerlikon Group is a global manu- facturer of high-precision gears, planetary hub drives, and products, controls, and software that support vehicle electrifica- tion. The transaction complements Dana's strategy for accelerating hybridization and electrification, Dana reported. Lihir Contracts Total for Lube Total Lubrifiants reported it won a four- year contract with Newcrest's Lihir Gold Mine in Papau New-Guinea (PNG) for 14 million liters of lubricants. The con- tract was awarded as the culmination of a competitive tender process that began last November. Other offerings submit- ted by Total during that process included premium lubricants and greases, custom- ized services, and on-site lubricant and oil analysis management. Total has been operating in PNG for six years. South African Merger Upgrading to Make ULPs Southern Palace Group, of South Africa, announced it will manufacture variants of ultra-low profile (ULP) modular mo- bile platforms and a hybrid locomotive, both co-developed by CMTI Group and in partnership with Sibanye-Stillwater, at the Wadeville factory of recent acquisi- tion Genrec Engineering. In preparation, the factory will undergo significant up- grades. The MT3500X/NX and MT950 ULPs are designed to be operated re- motely. Southern Palace, Genrec and CMTI announced joint-commitment to working with all stakeholders to create a job-neutral scenario. Honeywell Selected for Coal Gasification Tech Hubei Sanning Chemical Industry Co. Ltd. will use Honeywell UOP's Polybed Pressure Swing Adsorption (PSA) tech- nology to supply hydrogen at a chemical plant in Zhijiang, in China's Hubei Prov- ince, Honeywell reported. The PSA unit is designed to generate 165,000 m 3 of hy- drogen per hour. At the plant, scheduled to begin operations next year, coal will be gasified with water to produce synthesis gas, which is a mixture of carbon monox- ide and hydrogen. Each are purified and used to produce 600,000 mt/y of mono- ethylene glycol, which is commonly used to make polyester resins, films and fibers. Cobalt Blockchain Signs LoI for Plant Cobalt Blockchain Inc. (COBC) and Trax- ys Europe S.A. signed a letter of intent regarding a prospective 10-year joint ven- ture and plant lease agreement, a $30 million trade finance facility for COBC, and a 10-year offtake agreement cover- ing 100% of the cobalt concentrates pro- duced by COBC at the plant or purchased with the proceeds of the trade facility. The plant consists of a process facility for conventional hydrometallurgical cobalt leaching, is sited near an international airport, is connected to the national elec- trical grid, and is designed for a through- put of 50,000 mt per year (mt/y). COBC will be responsible for plant operations. Blockchain JV for Miner Contract Ledger Blockchain venture studio ConsenSys and cloud-based metal concentrates exchange Open Mineral announced a joint ven- ture, establishing Minerac, a blockchain consortium designed to facilitate miner- al commodities trading and connected supply chains, Open Mineral reported. A number of mining companies and finan- cial institutions will also join as stake- holders. Minerac will allow stakeholders to securely exchange critical trade docu- ments, such as bills of lading and letters of credit, via the use of smart contracts, Open Mineral reported. Because the led- ger will be shared, all parties involved in a transaction can be confident that all data is up-to-date, which will reduce errors and create greater overall transparency, eliminating the potential for bad actors to take advantage of loose record keeping, the company reported. Maptek Selects LlamaZOO for VR Expertise Maptek announced a collaborative part- nership with augmented reality experts LlamaZOO to deliver advanced data vi- sualization in 3D and virtual reality (VR) to mining customers. The end goal is enabling Maptek stakeholders to interact with their spatial data in high-resolution 3D, a format typically only seen with high-end video games, but with action- able real-world data, Maptek reported. Lihir tapped Total for 14 million liters of lubricants. (Photo: Total) Maptek's partnership with LlamaZOO targets a 3D digital mine experience for customers. (Photo: Maptek)

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