Latest Industrial products and services News
At talks on cutting plastics pollution, plastic credits are on the table. What are they?
NAIROBI, Kenya (AP) — Two groups that want reduced plastics production published a report Friday highly critical of plastic credits, calling them a flawed tool that won't help with worldwide pollution from the material. The groups — Break Free From Plastic and the Global Alliance...
Sweden opens state-of-the-art plant for sorting plastics for recycling
MOTALA, Sweden (AP) — A new plastics sorting facility inaugurated in Sweden on Wednesday is being billed as the largest of its kind, and one designed to double the amount of plastic packaging materials being recycled in the Nordic country. Thanks to cutting-edge technology, the...
Applied Industrial Technologies: Fiscal Q1 Earnings Snapshot
CLEVELAND (AP) — CLEVELAND (AP) — Applied Industrial Technologies Inc. (AIT) on Thursday reported fiscal first-quarter profit of $93.8 million. On a per-share basis, the Cleveland-based company said it had profit of $2.39. The industrial products company posted...
Waste Connections: Q3 Earnings Snapshot
ONTARIO, Ontario (AP) — ONTARIO, Ontario (AP) — Waste Connections Inc. (WCN) on Wednesday reported third-quarter profit of $229 million. The Ontario, Ontario-based company said it had net income of 89 cents per share. Earnings, adjusted for non-recurring costs, were $1.17 per...
Activists demand transparency over Malaysia's move to extend Lynas Rare Earth's operations
KUALA LUMPUR, Malaysia (AP) — Environmental activists voiced disappointment Wednesday at Malaysia's decision to allow Lynas Rare Earths to continue operations until March 2026, and demanded more transparency on plans by the Australian miner to extract a radioactive element from its growing waste....
Malaysia gives nod for Australian miner Lynas to import, process rare earths until March 2026
KUALA LUMPUR, Malaysia (AP) — Malaysia's government said Tuesday it will allow Lynas Rare Earth to continue to import and process rare earths until March 2026, after the Australian miner proposed a new technology to extract radioactive elements from the waste it produces. The Lynas...
Australia's Lynas to upgrade Malaysian rare earth refinery amid dispute over operating license
KUALA LUMPUR, Malaysia (AP) — Australian miner Lynas Rare Earths said Friday that it will temporarily shut down most of its operations in Malaysia for upgrading as it deals with a legal battle with the Malaysian government over its operating license. Lynas said in a report to...
South African mining employs many and may only have decades left, report warns
CAPE TOWN, South Africa (AP) — South Africa's overall mining profits slipped by more than $5 billion in the last financial year, while the country that was once the world's largest gold producer might have less than 30 years of a viable gold industry left without renewed investment, according to...
