Equinox Gold has agreed to sell its entire Brazilian portfolio — the Aurizona and RDM mines plus the Bahia complex (Fazenda and Santa Luz) — to China’s CMOC Group for over US$1 billion, including US$900 million cash on closing and up to US$115 million in contingent payments tied to production. The divested assets were guided to produce 250,000–270,000 oz. of gold in 2025, while Equinox’s refocused portfolio will centre on the Greenstone (220,000–260,000 oz.), Valentine (175,000–200,000 oz. at full run-rate) and Mesquite (85,000–95,000 oz.) operations. Proceeds will be used to retire US$800 million of debt, cutting interest costs and freeing capital for expansions at Valentine, Castle Mountain and Los Filos, with group output targeted at 700,000–800,000 oz. next year.

Ionic Mineral Technologies reports its Silicon Ridge project in Utah is a halloysite-hosted ion-adsorption clay system grading about 2,700 ppm (0.27%) combined rare earths and critical metals from 106 boreholes over 10,000 m and 35 trenches across 650 acres, exceeding typical Chinese IAC grades of 500–2,000 ppm. The confirmed mineralisation currently covers only 11% of the resource area to 100 ft depth, with existing mining permits and a 74,000 ft² Provo processing plant enabling rapid start-up. Ionic MT plans a vertically integrated flowsheet producing three co-product streams—critical minerals (including gallium, germanium, scandium, lithium and tungsten), high-purity alumina and nano-silicon—with a preliminary economic assessment due in H1 2026.

Metso is promoting its Geminex™ digital twin platform as a way to move mineral processing plant control beyond traditional DCS screens towards predictive and proactive maintenance. Geminex™ integrates real-time sensor data with dynamic process models of grinding, flotation and filtration circuits to simulate plant behaviour, test “what‑if” scenarios and optimise setpoints before implementation. For operators, this signals deeper use of virtual commissioning, remote performance tuning and model-based failure prediction across comminution and concentrator lines.

Fortescue has received two Progress Rail EMD SD70J‑BB battery-electric locomotives, described as the world’s largest, for deployment on its heavy-haul iron ore network in the Pilbara. The units are designed for 100 per cent battery operation, integrating regenerative braking on long downhill runs from mine to port to recharge onboard packs and cut diesel use. For rail and mine planners, the key question will be how these high-mass, high-axle-load locomotives perform on existing Pilbara track geometry, gradients and maintenance regimes.

Beijing’s April export controls on seven rare earth elements, followed by a now-suspended October expansion covering additional REEs, magnets and lithium battery materials, have forced Western buyers to reroute critical minerals via longer, chokepoint-heavy sea lanes such as the Red Sea and primary canals. Trading houses including BGN Group, Traxys and Gerald Group are acting as integrated maritime logistics platforms, combining shallow, infrastructure-poor African and Latin American load ports with highly automated deepwater hubs using mixed fleets of smaller bulk, multipurpose and VLGC-capable vessels. Global container lines like Maersk and Evergreen, which has ordered 14 LNG dual-fuel containerships for Asia–Europe, now directly influence lead times, freight costs and emissions for lithium chemicals, magnet alloys and battery intermediates moving to refineries and OEMs in Europe, North America and allied Asia.

Weir is acquiring the remaining 50% of its Chile-based joint venture ESCO Elecmetal Fundición Limitada from Elecmetal for £56 million ($75 million), giving it full control of a foundry built in 2012 that supplies ground engaging tools to the South American mining sector. The deal, expected to close in Q1 2026, adds Chilean casting capacity into Weir’s global foundry network and supports its go-direct sales strategy in the region. For mine operators, this signals tighter OEM integration on wear parts supply for large copper operations in Chile and neighbouring markets.

The Association for Mineral Exploration is urging British Columbia Premier David Eby to appeal the Gitxaala Nation v. British Columbia decision, after the province’s Court of Appeal ruled on 5 December that the Declaration on the Rights of Indigenous Peoples Act incorporates UNDRIP and creates legally enforceable obligations. AME argues the ruling creates uncertainty for the province’s automatic online mineral claim system and the Mineral Tenure Act, despite the March 2025 Mineral Claims Consultation Framework (MCCF) changes. The group wants the legislature recalled to make “substantive” amendments to DRIPA and section 8.1 of the Interpretation Act before a 16 February 2026 appeal deadline.

Teck Resources has taken a 9.9% equity stake in Metal Energy by purchasing about 4.44 million flow-through shares at C$0.73 and 6.2 million common shares at C$0.45, matching Centerra Gold’s earlier 9.9% position. The financing lifts Metal Energy’s market capitalisation to roughly C$23 million after its share price jumped to C$0.80, about 60% above pre-Centerra levels. Proceeds will fund drilling in 2026 on fully permitted, drill-ready porphyry targets at the 215 km² NIV copper-gold-molybdenum property in British Columbia’s Toodoggone district.

BMC Minerals raised A$100 million in an oversubscribed IPO and debuted on the ASX at A$2.00 per CDI, closing 25% higher at A$2.50 for a market capitalisation of about A$550 million. Funds will advance the 100%-owned Kudz Ze Kayah polymetallic project in Yukon, where the 372 km² package hosts ABM and Kona deposits with over 20 Mt indicated, including 200,000 t copper, 1.15 Mt zinc and 87 Moz silver. A 2020 feasibility study for ABM outlines a nine-year mine, US$492 million initial capex and 32.2 Moz silver-equivalent per year, with 95% of first five years’ concentrate output under offtake.

Sirios Resources will acquire private explorer OVI Mining in a C$23 million all-share deal, consolidating the Cheechoo, Corvet Est and Plex gold assets in Quebec’s Eeyou Istchee James Bay district about 725 km north of Montreal. Cheechoo currently hosts 34.9 million indicated tonnes at 1.12 g/t Au (1.3 Moz) and 42.7 million inferred tonnes at 1.23 g/t Au (1.68 Moz), while historic drilling totals 21,000 m at Corvet Est and 38,000 m at Plex. The merged company, expected to close in Q1 2026 under a new name, will be led by OVI CEO Jean-Félix Lepage with Osisko’s Sean Roosen joining the board, signalling a more aggressive development push around Dhilmar’s nearby Éléonore mine.

Plans to convert Coventry Airport into a £2.5bn battery gigafactory have moved a step forward after Warwick District Council’s planning committee approved applications covering early enabling works. The scheme, promoted as the UK’s largest battery manufacturing facility, will require full redevelopment of the existing airfield, major groundworks and new utilities to service large-scale process buildings and logistics areas. Civil and geotechnical teams can now progress detailed design for earthworks, foundations and site infrastructure ahead of main construction approvals.

ABB’s Björn Jonsson, Business Line Manager Mining & Materials in its Process Industries division, frames 2026 as a year for “measured innovation”, urging miners to prioritise deployable automation and electrification over perfect long‑term blueprints. He points to fast-changing conditions from deep underground hoisting systems to large open-pit truck fleets and complex concentrators, with demand for critical materials forecast to multiply several-fold over coming decades. For engineers, the message is to focus on modular, upgradable control, power and digital systems that can be rolled out incrementally rather than waiting for fully optimised end-state designs.

Contractors will return to the M62 Ouse Bridge over the River Ouse this weekend (13–14 December) to replace a damaged expansion joint installed only a couple of years ago, following an unexpected bolt failure earlier this year. National Highways plans to complete the joint replacement under a short-duration closure to minimise disruption on this key trans-Pennine route between junctions 36 and 37. The repeat intervention on a relatively new joint raises questions over detailing, fatigue performance and inspection regimes for heavily trafficked motorway bridges.

Bechtel has been awarded the EPC contract for Harmony’s Eva copper project in northwest Queensland, covering the copper concentrator and all non-process infrastructure for the greenfield, long-life open-pit operation. The project is expected to be the region’s largest new copper mine, positioning it as a major asset within Australia’s critical minerals strategy. For engineers, the scope signals substantial demand ahead for bulk earthworks, tailings and water management systems, high-capacity power supply, and haul road and plant layout optimisation in a greenfield context.

Korean researchers led by Seungho Lee at Jeonbuk National University map five distinct lithium governance models in Chile, Argentina, Brazil, Bolivia and Mexico, linking them to commodity price cycles, geopolitical competition and the maturity of each country’s lithium industry. Chile’s hybrid regime with strong state oversight contrasts with Argentina and Brazil’s decentralised, market-led systems, Bolivia’s tightly controlled state-led model and Mexico’s largely rhetorical nationalisation stance. The two-stage decision-making framework signals that miners, battery manufacturers and state-backed investors must tailor project, offtake and JV strategies to country-specific political settlements rather than apply a single Latin America playbook.

M Resources has signed a binding MoU with Hazer Group to deploy Hazer’s methane pyrolysis technology, developed with KBR, at the Whyalla steelworks in South Australia if its planned acquisition of One Steel Manufacturing Pty Ltd proceeds. The process converts natural gas into hydrogen and solid carbon rather than CO₂, offering a potential low-emission reductant and fuel source for iron and steelmaking. For plant engineers, this signals possible future integration of hydrogen-ready furnaces and on-site carbon handling infrastructure at Whyalla.

SolGold has signalled it will recommend shareholders accept Jiangxi Copper’s third, all-cash takeover proposal at 28 pence per share, valuing the London-listed Ecuador-focused miner at about £842 million ($1.13 billion) and giving JCC full control of the Cascabel copper-gold project, one of South America’s largest undeveloped copper-gold resources. The bid, 7.7% above Jiangxi’s previous 26p offer, already has backing from major shareholders BHP, Newmont and Maxit Capital, which together hold 40.7%. Market caution persists, with SolGold’s shares trading around 25.75p and the deal still contingent on Chinese outbound investment approvals amid tighter scrutiny in Beijing.

UK regulators have advanced the GE Vernova Hitachi BWRX‑300 small modular reactor through the Generic Design Assessment in record time, signalling strong early confidence in the 300MWe boiling water design. The BWRX‑300 uses a simplified, natural‑circulation reactor concept derived from the ESBWR, with modular construction intended to reduce on‑site civil works, shorten programme durations and standardise below‑grade nuclear island layouts. Rapid GDA progress is likely to accelerate site‑specific geotechnical investigations, deep excavation design and nuclear‑grade concrete specification for potential UK deployments.

Weir is acquiring the remaining 50% of Chile-based ESCO Elecmetal Fundición Limitada (ESEL), a ground engaging tools manufacturer, for about $75 million, giving it full ownership of the joint venture. The deal consolidates Weir’s control over design and production of GET for large mining shovels and loaders in South America, tightening integration with its ESCO wear parts portfolio. Direct access to ESEL’s foundry capacity in Chile should shorten lead times and improve aftermarket support for high-abrasion ore and waste handling applications.

Severe bearing deterioration on a major strategic road bridge has been found after going unnoticed for more than 15 years, raising concerns that local authorities lack sufficient in‑house bridge engineering expertise. Inspectors identified advanced damage to key support bearings, with the defect considered potentially critical to the structure’s load‑carrying capacity and long‑term serviceability. The case is prompting calls for more specialist bridge inspectors, better asset management systems, and clearer responsibilities for monitoring ageing structures on heavily trafficked routes.

Unprecedented UK demand for high-density data centres driven by AI workloads is straining grid capacity and forcing operators to balance multi‑megawatt power feeds with strict net‑zero commitments. Developers are turning to on‑site generation such as gas reciprocating engines and fuel cells, advanced liquid cooling to handle rack densities above typical 10–15kW, and battery or flywheel systems to smooth grid interaction. For civil and M&E designers, this means planning for heavier plant loads, larger cable routes and switchgear rooms, and more complex resilience and waste‑heat integration strategies.

McLaren Property has secured Legal & General forward funding for a £160m, 737-bed purpose-built student accommodation scheme on Upper Brook Street, Manchester, delivering 272,854 sq ft across two towers of nine and 23 storeys for completion by summer 2028. The PBSA sits within the Upper Brook Street masterplan alongside Kadans Science Partner’s nine-storey, 216,000 sq ft technical real estate building now under construction. For engineers and contractors, the scheme signals substantial high-rise mixed-use workload in a dense urban setting, fully financed by institutional capital without public funds.

United Infrastructure has agreed to acquire John Wood Group’s UK transmission and distribution (T&D) engineering business, which delivers power network services to distribution network operators across multiple UK regions, with completion expected once regulatory approvals clear later this month. The deal follows United Infrastructure’s purchases of Jones Lighting in March and Glenelly Infrastructure Solutions in June, consolidating capabilities from street lighting and LV networks through to high-voltage T&D. For contractors and consultants, this signals a larger, vertically integrated player targeting critical national grid reinforcement and energy transition projects.

UK construction output fell 0.6% in October 2025, with new work down 0.7% and repair & maintenance down 0.6%, while three‑month output to October slipped 0.3% as private housing R&M dropped 2.3%. New work over the three‑month period edged up 0.1%, but four of nine sectors contracted, signalling weak momentum in core building markets. Aecom buildings & places managing director Jo Streeten points to the government’s pledge to hire 350 planners and deploy AI‑driven digital review tools as critical to accelerating planning decisions and unlocking major programmes into 2026.

Coventry City Council is expected to approve construction of an 800‑metre twin‑track Coventry Very Light Rail (CVLR) demonstrator between Coventry Railway Station and Coventry University Technology Park on Mile Lane, operating bi‑directionally in live traffic. The CVLR system uses precast track panels requiring no excavations, with Colas having laid the initial 220‑metre single‑track city‑centre demonstrator in eight weeks at less than half the cost and time of conventional tramways. Longer term plans envisage a 12 km route linking the station, the West Midlands Investment Zone at GreenPower Park and development around Ansty Park, with future autonomous operation.

A £500 fine has been imposed on McGrath Building & Joinery Contracts Ltd after HSENI found serious asbestos management failings during refurbishment of the Sacred Heart Chapel in Boho, Co. Fermanagh in November 2023. Investigators concluded the principal contractor did not adequately plan, manage or monitor works under Regulation 13(1) of the Construction (Design and Management) Regulations (Northern Ireland) 2016, particularly around identifying and safely removing licensed asbestos. The Enniskillen Magistrates’ Court conviction signals continued regulatory focus on CDM-compliant asbestos surveys and licensed removal on small refurbishment projects.

Lovell is creating a dedicated Renew Central business to deliver housing refurbishment, planned works and retrofit services across the Midlands and East Anglia, building on more than 20 years of regional activity within Lovell Midlands. The unit will sit alongside the existing Renew North arm to give housing providers a focused offer on safety, compliance and decarbonisation-driven upgrades, including energy-efficiency retrofits. Long-serving Lovell manager Carl Yale, who joined as a trainee in 1998, becomes regional managing director from 1 January 2026.

Northvale Construction is delivering a £7m airspace extension to Trickett House in Sutton, adding two floors to the rear block and one to the front to increase capacity from 49 to 68 retirement flats, with handover of the rear block due in 2026 and overall completion by October 2027. The scheme creates 19 net-zero-carbon homes using air source heat pumps, solar PV, a green roof, SuDS and low-energy lighting, while most residents remain in situ. Works also include upgraded communal areas, additional parking, ambient access improvements and new EV charging points.

Former Sir Robert McAlpine chief executive Paul Hamer will be nominated to join Royal Bam Group’s supervisory board at the Dutch contractor’s AGM in May 2025, replacing outgoing British board member Paul Sheffield. Sheffield, ex-chief executive of Kier and former Laing O’Rourke director, steps down after roughly nine years on Bam’s supervisory board, having first joined in 2017 and secured multiple reappointments. Hamer previously led WYG for nine years before his 2017–2024 tenure at Sir Robert McAlpine, giving Bam a board member with both consulting and major contracting experience.

Federal Government plans to keep the 590,000‑tonne‑per‑year Tomago Aluminium smelter operating beyond 2030 by underwriting long‑term power supply, a critical issue for the 950MW baseload user in New South Wales’ Hunter Valley. The move secures ongoing demand for coal and gas‑fired generation while grid‑scale renewables and firming capacity catch up, locking in a major domestic offtaker for bauxite, alumina and anode supply chains. For engineers, it signals continued investment in potline maintenance, high‑amperage rectifier upgrades and grid‑stability services from Tomago’s interruptible load.

Rajant’s BreadCrumb wireless nodes are being promoted for mines as a fully mobile mesh, with each vehicle, shovel and drill carrying its own node to maintain line-of-sight connectivity as the pit face moves. Unlike fixed access-point Wi-Fi, the system uses multi-radio, multi-frequency links and self-healing routing so data can reroute around blocked paths caused by highwalls, stockpiles or moving plant. For engineers planning autonomous haulage, remote drilling or high-density telemetry, the approach reduces dead zones without constant re‑design of tower locations.

Black Cat Syndicate has secured 90km² of new tenements adjoining its Lakewood processing facility, expanding its landholding around the 800,000tpa carbon-in-leach plant near Kalgoorlie. The ground sits along existing haulage routes to Lakewood, enabling short trucking distances for potential satellite open pits and underground feed. For mine planners and geotechs, the move signals likely near-mine drilling, resource definition and pit optimisation work focused on incremental mill feed rather than standalone remote deposits.

Exploration updates across Australia include new drilling at Beacon Minerals’ Lady Ida gold project, where recent RC and diamond holes are targeting extensions to the Iguana lode along previously under-tested shear zones. Junior explorers are also advancing greenfields copper and critical minerals programs in Western Australia and Queensland, with step-out drilling and downhole geophysics refining targets around existing JORC resources. For geotechs and mine planners, the focus is on defining continuity, grade distribution and structural controls to justify follow-up infill drilling and potential resource upgrades.

Record US defence spending of $US901 billion under the latest National Defense Authorization Act is expected to lift demand for Australian critical minerals used in missiles, radar and naval platforms, particularly rare earths, lithium and high-purity alumina. AUKUS-related programmes for nuclear-powered submarines and advanced undersea surveillance could draw on Australian uranium, copper and high-grade steel feedstocks, tightening supply in existing export chains to Asia. Miners with US-aligned offtake agreements and ESG-compliant operations are likely to be favoured as Pentagon procurement shifts to secure, allied supply.

Ore feeding has begun at Titan Mining’s Kilbourne graphite demonstration plant in St. Lawrence County, New York, a fully permitted facility designed to produce 1,200 tonnes per year of graphite concentrate within the existing Empire State Mine complex and 5,000 t/d mill. The start-up will supply micronised and high-purity natural flake graphite from the Kilbourne deposit for qualification runs and offtake talks, underpinning plans for a 40,000 t/y commercial plant targeted to supply roughly half of current US natural graphite demand. Titan has secured an extra $5.5 million in EXIM funding and a non-binding Letter of Interest for up to $120 million in project finance, with a construction decision expected by end-2026.

Brightstar Resources has released a 22 per cent increase in mineral resource estimate for its Menzies gold project, sharpening plans to develop the site as a standalone mining hub in Western Australia’s Eastern Goldfields. The updated resource focuses on near-surface, open-pittable ounces across key deposits such as Yunndaga and Lady Shenton, supporting a potential central processing facility rather than trucking ore to Brightstar’s Laverton plant. For mine planners and geotechs, the shift towards shallow oxide and transitional material points to conventional drill‑and‑blast with relatively straightforward pit geotechnical design.

Final designs have been approved for the Isaac Resources Excellence Precinct in Moranbah, a $47 million hub to support coal, critical minerals and METS innovation in Queensland’s Bowen Basin. The precinct, led by the Resource Centre of Excellence and Isaac Regional Council, will include a 3000m² innovation centre, underground mining simulation facilities and training workshops targeting automation, decarbonisation and mine rehabilitation technologies. For engineers and METS suppliers, the project signals new testbed capacity close to large open-cut and underground coal operations.

Mining services contractor G3 Mineração e Construção has completed assembly of Brazil’s first XCMG XDE130 diesel-electric rigid haul truck, marking the local debut of XCMG’s 130 t-payload class in the country. The company frames the investment as central to its 2025 growth plan, targeting higher fleet performance through large-capacity, diesel-electric haulage rather than conventional mechanical-drive trucks. For mine operators, the move signals growing competition to established OEMs in Brazil’s ultra-class segment and potential alternative sourcing for high-payload truck fleets.

Westgold Resources has restarted mining at the historic Great Fingall gold mine near Cue in Western Australia, firing the first production blast after more than a decade on care and maintenance. The operation targets high-grade underground ore beneath the old Great Fingall open pit, using modern longhole stoping and paste fill to extract remnant pillars and deeper lodes. Geotechnical teams will need to reconcile historic workings, old shaft infrastructure and voids with contemporary ground support, seismic monitoring and water management standards in WA’s Murchison region.

Anglo Asian Mining has started production from two new larger filter presses and an associated thickener at its Gedabek flotation plant in Azerbaijan, following installation of a second press announced on 16 October 2025. The upgraded dewatering circuit is designed to handle higher concentrate throughput and produce drier filter cakes, improving water recovery back to the plant. For plant and tailings engineers, the changes point to tighter control of slurry densities and potentially lower tailings storage volumes per tonne processed.

Genus general manager, commercial, Eoin Gorman argues that de-risking mine electrification starts with integrated planning of power supply, distribution and fleet charging rather than bolt-on battery swaps. He points to remote Australian sites where 11–33kV overhead lines, containerised substations and high‑power DC fast chargers must be staged alongside pit expansions and new electric haul trucks to avoid stranded assets and grid constraints. For engineers, the message is to treat electrical infrastructure as a core part of mine design, with early load modelling and phased capital deployment.

Metso is launching a configurable Grinding classification system built from compact, pre‑engineered modules integrating pumps, hydrocyclones, product samplers, liquid resistance starters and particle size measurement. The modular skids are designed to shorten design and installation schedules for new and brownfield grinding circuits while standardising layouts, interfaces and safety provisions. For plant engineers, the approach simplifies layout planning, reduces on-site fabrication and should ease future debottlenecking or capacity upgrades by swapping or adding classification modules.

Metso executives David Tulloch, Duncan Wyatt and Guillaume Lambert outline how the company is targeting critical minerals flowsheets with integrated crushing, grinding and flotation circuits, combined with smelting test work at its Pori Research Centre. The approach uses ore-specific pilot campaigns, digital process control and modular equipment packages to raise recovery and reduce energy per tonne, particularly for complex nickel, lithium and rare earth ores. For mine planners and process engineers, the message is tighter ore characterisation upfront and more standardised, scalable plant designs across greenfield and brownfield projects.

A partially buried precast concrete arch forms the main structure of a new underground cellar and tasting room at Gurneys Cider in Foster, South Gippsland, integrating the facility into the vineyard landscape. Designed, engineered and manufactured by National Precast Master Precaster Geoquest Australia, the arch system uses factory-made concrete elements to achieve controlled geometry and rapid installation compared with in-situ construction. The project shows how standard precast bridge and culvert technology can be adapted for small-span, earth-covered architectural spaces with stable thermal and moisture conditions.

Construction has begun on the $1.62 billion Beveridge Intermodal Precinct in Melbourne’s north, planned as Australia’s largest logistics hub and the only terminal in the city able to handle 1,800‑metre Inland Rail freight trains. The precinct will connect the southern terminus of the Inland Rail corridor with key Victorian road and rail freight routes, consolidating interstate and port-bound cargo. For civil and geotechnical teams, the scale implies extensive earthworks, high-capacity pavement design and heavy-axle-load rail formation over a large greenfield footprint.

Meridian’s Archer Guard system, a modular steel barrier designed for rapid deployment in fast-paced work zones, is being used on bridge decks, arterial roads and utility corridors to shield crews from live traffic. Proven in the United States and now deployed in Australia, the system can be installed and reconfigured with light plant rather than permanent anchoring, suiting short-duration lane closures and night works. For engineers and contractors, it offers a temporary protection option where conventional concrete barriers are too slow or logistically heavy to install.

ThoroughTec Simulation is promoting an integrated “training ecosystem” for mines, combining high-fidelity equipment simulators, remote learning platforms and data analytics to upskill operators on complex digital and semi-autonomous fleets. The approach targets remote operations centres and sites with limited instructors, using scenario-based training for OEM-specific systems such as autonomous haul trucks and advanced drill rigs, plus real-time performance tracking. For geotechnical and mining teams, this points to more standardised operator competence on critical tasks like slope loading, crusher feeding and underground navigation, with reduced reliance on traditional ride-along training.

Antofagasta CEO Iván Arriagada has been re-appointed chair of the International Council on Mining and Metals (ICMM) for a two-year term, succeeding Newmont chief Tom Palmer, who is retiring as CEO at year-end. Arriagada, who previously chaired ICMM from 2022–2024, helped establish the Global Industry Standard on Tailings Management and backed the Consolidated Mining Standard Initiative (CMSI) on common ESG benchmarks. His return signals continuity in ICMM’s 26-member CEO council as it executes its 2025+ strategy on tailings governance and responsible project development.

Hitachi Construction Machinery Co Ltd will establish LANDCROS Development Center Europe GmbH in Germany as a wholly owned subsidiary from 1 January 2026 to expand R&D for battery-powered excavators, ICT-enabled machines and digital solutions. The centre will focus on European requirements for zero-emission earthmoving, including high-capacity lithium-ion systems and grid/fast-charging interfaces, and on integrating machine control and remote monitoring. For mine operators, this signals faster localisation of electric excavator platforms and digital fleets tailored to EU regulations and site power constraints.

Copper surged to a new all‑time high on the LME, with three‑month futures jumping 2.1% intraday to $11,800.50/t, surpassing Monday’s record as macro sentiment turned sharply more positive. The US Federal Reserve lifted its 2026 growth forecast to 2.3% from 1.8% and delivered a widely expected rate cut while signalling inflation easing to 2.4%, boosting demand expectations for industrial metals, while China’s commitment to a “proactive” fiscal stance and ongoing supply concerns have driven a year‑to‑date copper gain of nearly 35%.