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Press Office - Metric Automotive Engineering - Locomotives

Metric Automotive Engineering - Locomotives

Metric Automotive Engineering’s facilities have the ability to refurbish large diesel engine components. Services offered include cylinder head remanufacture, cylinder block line boring, milling, honing and boring, camshaft grinding, crankshaft grinding, engine assembly and dynamometer testing.

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Transnet revamping concessions model to speed up private involvement in rail and ports

By: Terence Creamer     23rd October 2020 State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the... 

Minerals Council bemoans lack of competiveness focus in economic recovery plan 

By: Marleny Arnoldi     16th October 2020 The Minerals Council South Africa says the Economic Reconstruction and Recovery Plan – unveiled by President Cyril Ramaphosa on October 15 to a joint hybrid sitting of Parliament – does not go far enough in addressing areas where South Africa can improve its global competitiveness. While the... 

Transnet shuts down Saldanha iron-ore terminal for maintenance

By: Marleny Arnoldi     16th October 2020 Coinciding with Transnet Freight Rail’s ten-day shutdown of its iron-ore rail corridor for maintenance, Transnet Port Terminals has also shut down the Saldanha Iron Ore Terminal, on October 16. The terminal’s shutdown forms part of the port authority’s annual maintenance plan for mechanical,... 

Business welcomes recovery plan, but urges swift implementation 

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... 

Hatch and LTK confirm integration discussions

2nd October 2020 Hatch and LTK confirm that they are in the final stages of negotiating an integration of the two firms. These discussions have been very productive and both organizations agree that they are closely aligned with similar long-term goals and a desire to help their collective clients solve their... 

Minergy achieves milestones despite Covid-19 impact

By: Tasneem Bulbulia     25th September 2020 Coal mining and trading company Minergy recorded considerable achievements and milestones during the financial year ended June 30, despite a significant part of the year being impacted by Covid-19. “Despite border restrictions between South Africa and Botswana (a minimum of 15 weeks), Minergy, in... 

Macquarie joins Cape Hardy port plans

By: Esmarie Iannucci     24th September 2020 ASX-listed Iron Road on Thursday announced that Macquarie Capital had entered into a joint development agreement to advance the development and financing plans for the proposed A$250-million Cape Hardy Stage 1 multi-user, multi-commodity port facility. Iron Road, Macquarie and the Eyre Peninsula... 

Minerals Council welcomes call to rebuild the South African economy  

By: Tasneem Bulbulia     18th September 2020 Industry body the Minerals Council South Africa has welcomed President Cyril Ramaphosa’s address this week announcing the further lifting of restrictions with the shift in the country’s Covid-19 status to Level 1 from September 20. The Minerals Council says it also shares the view of the... 

Fortescue reports record full year

By: Esmarie Iannucci     24th August 2020 Iron-ore major Fortescue Metals has reported record shipments, revenue, earnings and operating cashflow for the year ended June. Net profit after tax for the 12 months ended June increased by 49% on the previous period, to $4.7-billion, with underlying earnings before interest, taxes,... 

Eliwana on track

By: Esmarie Iannucci     21st August 2020 Iron-ore major Fortescue Metals on Friday said it was on track for first ore on train at its Eliwana mine, in the Pilbara, in December this year, as the company firmed up its reserve and mineral resource estimates. “We are pleased to report over 2.2-billion tonnes of hematite ore reserves and... 

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