Wednesday , August 5 2026

International

Trucks of the Future: How Auto Gallery is bringing Armenia into the Scania family and changing the rules of the game

The official opening of a representative office for Scania, one of the world’s leading manufacturers of trucks and buses, was a significant event for the Armenian transport market. This is not simply the introduction of a new brand, but a statement that aims to change the very logic of freight …

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Policy Shifts in Indonesia Drive Chinese Nickel Capital into Africa

Chinese companies that reshaped Indonesia into the world’s dominant nickel hub are increasingly turning their attention to Africa, as policy tightening in Jakarta begins to unsettle the investment model that underpinned the sector’s rapid expansion. The shift reflects growing uncertainty around Indonesia’s regulatory direction, where tighter ore export controls, revised …

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Scania expands Angers production site for electric trucks

Scania’s dual-mode production strategy reflects a cautious hedge against uneven EV adoption rates in European heavy freight Scania is to invest €70m (US$81.2m) in its Angers production site in France, extending the facility and adapting assembly lines to enable electric truck production alongside combustion engine output. The investment strengthens Scania’s …

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Mining Indaba 2027 to focus on collaboration execution

Turning collaborations into action, Mining Indaba 2027 is expected to shift from collaboration alignment to execution. Scheduled for 8th to the 11th of February 2027, under the theme: ‘Stronger Together: Partnerships in Pracitce’, marks the annual event’s move into a new chapter, the second of three. The theme is coined …

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Caterpillar opens global innovation challenge

As advanced technologies continue to transform how work gets done, Caterpillar Inc. is reinforcing its commitment to the workforce behind that transformation. The company is opening registration for the Building the Future Workforce Challenge, a global innovation competition first discussed on stage at CES® 2026 by Caterpillar Chairman and Chief …

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New Leadership at Sandvik: Patrick Murphy Appointed President of Mining

The Sandvik Group has announced a significant transition within its executive leadership, appointing Patrick Murphy as the new President of the Mining business area and a member of the Group Executive Management. Set to take effect on 1 July 2026, Murphy succeeds Mats Eriksson, who is stepping down as part …

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Chinese based UMOE to deliver first cylinders for global hydrogen projects

UMOE Advanced Composites (UAC), a global supplier of large Type IV glass fibre pressure gas storage and transportation modules, has reached a key operational milestone with the first composite cylinders rolling off the production line at its new manufacturing facility in Jiaxing, marking the start of industrial production at the …

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Silver linings: Mining opportunities for Africa in an unstable world

In the face of tariffs, immigration curbs, reduced development funding and growing nationalism, conventional wisdom suggests Africa faces strong geopolitical headwinds. However, the apparent disorder may have a significant upside for the continent. This emerged from a passionate debate on the main stage on Day 2 of Investing in African …

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EGR, a new Abu Dhabi–headquartered natural-resource platform

EGR will integrate upstream asset acquisition, midstream logistics solutions, and commodity commercialization under a unified governance framework designed to meet the expectations of multinational investors Emerald Resources, the energy, mining, and commodities subsidiary of Emerald Group and LVC Global Holdings have entered into a definitive agreement to merge operations, forming …

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Saudi Consortium Seals R23bn Barloworld Takeover

The Zahid Group from Saudi Arabia has finalised its R23 billion acquisition of Barloworld, completing a landmark deal that will see the South African industrial group delist from the JSE and A2X and transition to private ownership under a Middle Eastern-led consortium. The acquisition was executed through Newco, a consortium …

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