Geomechanics.io

  • Free Tools
Sign UpLog In

    Geomechanics.io

    Geomechanics, Streamlined.

    © 2026 Geomechanics.io. All rights reserved.

    Geomechanics.io

    CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

    Industries

    MiningConstructionTunnelling

    Company

    Terms of UsePrivacy PolicyLinkedIn
    Projects
    Product

    RME–Novo Tellus deal: what the new backing means for mill relining reliability

    July 21, 2026|

    Reviewed by Tom Sullivan

    First reported on International Mining – News

    30 Second Briefing

    Mill relining systems OEM RUSSELL MINERAL EQUIPMENT has completed the final milestone of its transitional sale agreement with Resource Capital Funds, bringing Singapore-based industrial and technology investor Novo Tellus onto the share register. The deal, signed on 16 November 2024, secures new growth capital for RME’s specialised mill relining machines and liner handling systems used on large SAG and ball mills worldwide. For mine operators, the move signals continued OEM backing for high-availability relining services and potential acceleration of automation and digital tooling across shutdown-critical mill maintenance.

    Technical Brief

    • Transaction structure is a staged “transitional sale agreement” between RME, Resource Capital Funds and Novo Tellus.
    • Novo Tellus is positioned as an industrial and technology-focused investor rather than a passive financial holder.
    • Deal timing (16 November 2024 signing; final milestone now achieved) gives a defined transition window for governance.

    Our Take

    RUSSELL MINERAL EQUIPMENT’s recent collaboration with Bradken on the MillSafe® Worn Liner Removal System in our coverage signals that RME is positioning itself as a platform supplier for automated relining, which an investor like Novo Tellus is likely backing for its scalability across large grinding circuits.

    Within our mining database, RME appears more often in product and technology pieces than in pure project news, suggesting this M&A-type investment is aimed at accelerating OEM innovation and global roll-out rather than tying capital to specific mine assets.

    Resource Capital Funds’ presence alongside Novo Tellus links this deal to the specialist mining private equity space, which typically pushes OEMs such as RME towards service-heavy, recurring-revenue models around critical mill relining infrastructure.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Mining
    about 5 hours ago

    Eldorado’s Skouries first ore milestone: commissioning insights for mine planners

    Eldorado Gold has fed first ore through the crushing circuit at its Skouries copper-gold project in northern Greece, marking the transition from construction to commissioning. The company reports that Skouries is in the final stages of build-out and is targeting first production of copper-gold concentrate in the September quarter of 2026. For mine planners and process engineers, the milestone confirms that primary crushing infrastructure is mechanically complete and that downstream concentrator commissioning is imminent.

    Heidelberg’s Westdown quarry reopening: output, haulage and habitat notes for engineers
    Mining
    about 5 hours ago

    Heidelberg’s Westdown quarry reopening: output, haulage and habitat notes for engineers

    Heidelberg Materials UK has secured planning conditions from Somerset Council to reopen the 160m‑tonne Westdown limestone quarry near Frome, with site preparations starting autumn 2026 and production targeted for the second half of 2027. Operations will be confined to the former quarry boundary, with hedgerows and edge woodland retained, plus 44 acres of new habitat and native broadleaved planting on screening bunds to create species‑rich connected woodland and grassland. Combined aggregate output from Westdown and the nearby rail‑connected Whatley quarry will not exceed Whatley’s current permitted tonnage, with Whatley focusing on national rail markets to reduce HGV traffic through local villages.

    Mackay critical minerals partnership: field trial opportunities for mine engineers
    Mining
    about 5 hours ago

    Mackay critical minerals partnership: field trial opportunities for mine engineers

    A new strategic partnership between the Resources Centre of Excellence (RCOE), The University of Queensland and Mining3, launched at the Queensland Mining & Engineering Exhibition in Mackay, will focus on accelerating commercialisation of critical minerals technologies. The collaboration is designed to link laboratory-scale research with field deployment, using RCOE’s Mackay facilities as a testbed for mining equipment, processing flowsheets and digital tools. For engineers, this signals more opportunities to trial critical-mineral extraction and processing innovations in operating Queensland coal and metalliferous mines.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    Construction

    Quality control software for construction companies with material testing, batch tracking, and compliance management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalMiningInfrastructureMaterialsHazardsEnvironmentalSoftwarePolicy