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-0.00275739122466481 -0.00325722044967962 -0.0034238301913513 -0.0034238301913513 -0.0135037195624828 -0.0120875367582742 -0.0120875367582742 -0.00883864679567808
Stock impact report

ABB to provide GMD and RMD systems for Australian mine [Yahoo! Finance]

BOLIDEN AB UNSP/ADR (BDNNY) 
NASDAQ:AMEX Investor Relations: boliden.com/investor-relations
Company Research Source: Yahoo! Finance
Aiming to address a projected 24% rise in global copper demand by 2035, the new open-pit mine is forecast to produce around 60,000 tonnes per annum (tpa) of copper for at least 15 years. The technology provided by ABB is set to enhance grinding efficiency, reliability and operational flexibility, aligning with modern concentrator designs and low-risk processing methods. The contract was finalised in the fourth quarter of 2025, with financial terms remaining confidential. It underscores the growing demand for critical minerals and the resurgence of large-scale mining projects in Australia, driven by the energy transition. Additionally, the contract expands ABB's global deployment of GMDs and RMDs, supporting the supply of essential industrial materials. ABB is providing a 24MW GMD system for a 40ft semi-autogenous grinding mill and an 18MW variable-speed dual-pinion RMD system for a 27ft ball mill. These systems are crucial as they will be the primary power consumers on-si Show less Read more
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