Industrial Machinery Market Sees Rapid Advances In Technology Such As AI, Big Data Analytics, And 3D Printing

Industrial Machinery Market Report 2021: COVID-19 Impact And Recovery To 2030

Industrial Machinery Global Market Report 2021: COVID-19 Impact And Recovery To 2030

The Business Research Company’s Industrial Machinery Global Market Report 2021: COVID-19 Impact and Recovery to 2030

LONDON, GREATER LONDON, UK, January 27, 2021 /EINPresswire.com/ — New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports

Rapid advances in technology are expected to drive innovation in the industrial machinery manufacturing market, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence and big data analytics are being used in manufacturing, resulting in higher productivity, lower operating costs and higher margins. According to a global survey by The Economist Intelligence Unit, about 90% of corporate executives felt that artificial intelligence (AI) will have a positive impact on company growth and 86% of respondents believed that AI will help improve productivity. Lower operating costs lead to higher margins. This allows companies to increase product portfolio and to enter new markets by making investments made through cost savings. IoT applications are also being integrated into these devices to enable services such as remote monitoring, central feedback systems and to offer other services. Mobile applications, advanced sensors and embedded software also created new opportunities for companies in this market. As per the industrial machinery industry outlook, these factors are expected to drive the engine, turbine, and power transmission equipment manufacturing market during the forecast period.

The global industrial machinery market size is expected to grow from $534.89 billion in 2020 to $572.62 billion in 2021 at a compound annual growth rate (CAGR) of 7.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $793.85 billion in 2025 at a CAGR of 9%.

Asia Pacific is the largest region in the global industrial machinery market, accounting for 56% of the market in 2020. Western Europe is the second largest region accounting for 20% of the global market. Africa has the smallest industrial machinery market share.

Here Is A List Of Similar Reports By The Business Research Company:

Machinery Global Market Report 2021: COVID-19 Impact and Recovery to 2030
https://www.thebusinessresearchcompany.com/report/machinery-global-market-report-2020-30-covid-19-impact-and-recovery

Commercial and Industrial Machinery and Equipment Repair and Maintenance Global Market Report 2020
https://www.thebusinessresearchcompany.com/report/commercial-and-industrial-machinery-and-equipment-repair-and-maintenance-global-market-report

Machinery Leasing Global Market Report 2021: COVID-19 Impact and Recovery to 2030
https://www.thebusinessresearchcompany.com/report/machinery-leasing-global-market-report-2020-30-covid-19-impact-and-recovery

Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

Oliver Guirdham
The Business Research Company
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Source: EIN Presswire

Metal Products Market Has Greatest Demand From The Automotive Industry

Metal Products  Market Report 2021: COVID-19 Impact And Recovery To 2030

Metal Products Global Market Report 2021: COVID-19 Impact And Recovery To 2030

The Business Research Company’s Metal Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030

LONDON, GREATER LONDON, UK, January 26, 2021 /EINPresswire.com/ — New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports

The metal products industry has benefitted from the rapid growth in the automotive industry during the historic period. For instance, steel, aluminium, and magnesium are some of metals commonly used in the automotive industry for manufacturing body panels, engines, transmissions and numerous other parts. According to Deloitte, in 2016, 25% of the domestic steel demand in the US was coming from automotive industry and car sales in the US reached a record level of 17.6 million vehicles in 2016. Therefore, rise in demand for automobiles during this period positively impacted the metal products manufacturing market. The global motor vehicles market is expected to further grow from $2.11 trillion in 2020 to $2.30 trillion in 2021, and then $3.23 trillion in 2025 at a CAGR of 9%.

The global metal products market is expected to grow from $2.11 trillion in 2020 to $2.42 trillion in 2021 at a compound annual growth rate (CAGR) of 14.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The fabricated metal products market size is expected to reach $3.13 trillion in 2025 at a CAGR of 7%.

The global metal products market is segmented by type into forged and stamped goods, cutlery and hand tools, architectural and structural metals, boiler, tank, and shipping container, hardware, spring and wire products, machine shops, turned product, and screw, nut, and bolt, coated, engraved, and heat-treated metal products, metal valves, other fabricated metal products and by end use into construction, manufacturing, others. Subsegments covered are iron and steel forged goods, nonferrous forged goods, custom roll formed goods, powder metallurgy parts, metal crown, closure, and other metal stamped goods, metal kitchen cookware, utensil, cutlery, and flatware, saw blade and hand tool, plate work and fabricated structural products, ornamental and architectural metal products, power boiler and heat exchanger, metal tank (heavy gauge), metal can, box, and other metal container (light gauge), furniture hardware, motor vehicle hardware, builder's hardware, other hardware, springs, other fabricated wire products, machine shops, turned product and screw, nut, and bolt, heat treated metal products, coated, engraved metal products and allied services to manufacturers, electroplated, plated, polished, anodized, and colored metal products, industrial valves, fluid power valve and hose fitting, plumbing fixture fitting and trim, other metal valve and pipe fitting, ball and roller bearing, fabricated pipe and pipe fitting, all other miscellaneous fabricated metal products.

Here Is A List Of Similar Reports By The Business Research Company:

Coated, Engraved, And Heat Treated Metal Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030
https://www.thebusinessresearchcompany.com/report/coated-engraved-and-heat-treated-metal-products-global-market-report

Metal And Mineral Global Market Report 2021: COVID-19 Impact and Recovery to 2030
https://www.thebusinessresearchcompany.com/report/metal-and-mineral-global-market-report-2020-30-covid-19-impact-and-recovery

Metal And Mineral Manufacturing Global Market Report 2020
https://www.thebusinessresearchcompany.com/report/metal-and-mineral-manufacturing-global-market-report

Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
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Source: EIN Presswire

Rare Earth Mining Media Alert for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF)

(TSX-V: DEFN / OTCQB: DFMTF featured in article: LYNAS RARE EARTHS, DEFENSE METALS, ARAFURA RESOURCES – RARE EARTHS: STILL IN TIME TO GET IN BEFORE THE BOOM!”

Defense Metals Corp. (TSX:DEFN.V)

VANCOUVER, BRITISH COLUMBIA, CANADA, January 26, 2021 /EINPresswire.com/ — Media alert for Defense Metals Corp. (TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D) from Investorideas.com Newswire. The company was featured in the following article : “LYNAS RARE EARTHS, DEFENSE METALS, ARAFURA RESOURCES – RARE EARTHS: STILL IN TIME TO GET IN BEFORE THE BOOM!”

Full article and Original source
https://news.financial/comments/lynas-rare-earths-defense-metals-arafura-resources-rare-earths-still-in-time-to-get-in-before-the-boom

Excerpt:
China has dominated the rare earths market for a long time. A supply shortage in the People's Republic and a substantial increase in demand can lead to a massive price increase of the commodity group at any time. These price increases are then often reflected in the share price of relevant players. Rare earth metals are in demand in a wide range of industries and to close the emerging supply gap the production of rare earth metals must be increased outside of China. We present three opportunity stocks that will benefit from industry trends and scarcity prices as producers or prospective producers.

DEFENSE METALS CORP – TEST WORK PLANNED (TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D).
The Canadian exploration Company is focused on advancing the Wicheeda Rare Earth Project, which covers approximately 1,700 hectares in the state of British Columbia. The resource estimate includes 4.89 million tonnes of indicated light rare earth elements (LREO) at an average grade of 3.02% and an inferred resource of 12.1 million tonnes at an average LREO grade of 2.90%.

Recently, the Company announced that it would receive government funding in conjunction with the Saskatchewan Research Council to provide financial support for technological innovation. Specifically, the project is to conduct test work using an innovative X-ray method to improve the recovery of rare earth metals. The government will cover 70% of the costs.

Things are moving forward at Defense Metals. The Company is benefiting from rising rare earth prices and from further development of the project. With a current market capitalization of CAD 25 million, Defense Metals is still a bargain.

Full article and Original source
https://news.financial/comments/lynas-rare-earths-defense-metals-arafura-resources-rare-earths-still-in-time-to-get-in-before-the-boom

Author
CARSTEN MAINITZ

About Defense Metals Corp. https://defensemetals.com/
Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

For further information, please contact:
Todd Hanas, Bluesky Corporate Communications Ltd.
Vice President, Investor Relations
Tel: (778) 994 8072
Email: todd@blueskycorp.ca

Forward Looking Information
This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to finding partnerships, securing potential offtake agreements, and other business opportunities, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

Paid News -Disclaimer/Disclosure: Disclosure: this news release featuring Defense Metals Corp. is a paid for service on Investorideas.com ($750) more disclaimer info: https://www.investorideas.com/About/Disclaimer.asp

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Dawn Van Zant
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email us here


Source: EIN Presswire

Nexus Gold drills 20 meters of 4.83 g/t Au, including 14.51 g/t Au over 6m, at the Dakouli 2 Gold Project

Figure 1: Table of Significant Drill Results, Maiden Drill Program, Nov-Dec 2020

Figure 2: Dakouli concession with Sabce shear zones in red

Figure 3: Visible gold in quartz sample recovered at the Dakouli 2 concession, November 2018

Maiden drill program results in discovery; lengthy, high-grade intercept among several positive results at the 100% owned Burkina Faso, West African project

Nexus Gold Corp (TSX:NXS)

VANCOUVER, BC, CANADA, January 26, 2021 /EINPresswire.com/ — Nexus Gold Corp. (“Nexus” or the “Company”) (TSX-V: NXS, OTCQB: NXXGF, FSE: N6E) is pleased to report initial results from its recently completed phase one Reverse Circulation (“RC”) maiden drill program at its 100%-owned Dakouli 2 gold exploration permit located in central Burkina Faso, West Africa.

The RC program at the 9,800-hectare (98-sq kms) concession consisted of 2,914 meters of exploratory drilling. The program was designed to test several areas that have returned either high gold values from rock samples or coincidental soil geochemical and geophysical anomalies proximal to artisanal workings termed orpaillages.

Significant results were encountered in hole DKL-20-RC-007, which returned 4.83 grams-per-tonne (“g/t”) gold (“Au”) over 20 meters, including 14.51 g/t Au over 6m (also including 39.6 g/t over 2m). Other significant results were realized in hole DKL-20-RC-009, which returned 1.61 g/t Au over 10 meters, including 4.11 g/t Au over 2 meters, and DKL-20-RC-010, which returned 1.89 g/t Au over 8 meters, including 6.54 g/t Au over 2 meters. In addition, several holes returned lengthy intercepts of sub-one gram gold, including DKL-20-RC-006 which returned .33 g/t Au over 36 meters, including .59 g/t Au over 18 meters, and DKL-20-RC-002 which returned .64 g/t Au over 16 meters.

The gold mineralization encountered in the Northeast zone consists of disseminated sulfides, containing pyrite, chalcopyrite, galena, and particles of visible gold. The mineralization occurs at or proximal to contacts between clastic sedimentary rocks and Mafic volcanics rocks. The mineralized zones are part of pervasive hydrothermal alteration developed in these highly strained sedimentary and volcanic rocks. The company is interpreting the foliation observed in the RC chips as being loosely sub-parallel to the dominant foliation fabric of the Sabce shear zone. Assays are pending for the remaining six holes and the Company will report those results once received, reviewed, and verified.

“This new discovery is very exciting. The intercepts we have encountered from the northeast corner of the property are indicating a broad zone of gold mineralization,” said VP Exploration, Warren Robb, P.Geo. “The extent of the mineralization is encouraging and certainly requires follow up with diamond drilling. This will allow us to generate better data concerning the nature of the mineralization and the lithologic and structural aspects of the host rocks. The location of the drilling corresponds well with our interpretation of the location of the Sabce shear zone and our ground geochemistry and termite sampling suggest that this mineralization may extend for at least a kilometer to the south west,” continued Mr. Robb.

“We’re certainly pleased with the early results at Dakouli,” said President & CEO, Alex Klenman. “The drill program has confirmed widespread mineralization in the northeast zone of the property. Positive results, particularly like those received in hole 7, in this, a relatively small maiden drill program, is both significant and encouraging. And beyond the target areas we tested in this first phase, Dakouli presents a potential district-scale opportunity with numerous targets yet to drill, and a lot of ground still in need of detailed reconnaissance. We like what we’re seeing so far and look forward to the next phase of drilling,” continued Mr. Klenman.

The RC drill cuttings were bagged in the field and then taken to a secure compound where the intervals were split using a riffle splitter with one split being placed in a tagged 3-mil poly plastic bag. The samples were then shipped by Company vehicle to the ALS Global Geochemistry Lab located 100 kilometers south in the capital city of Ouagadougou. ALS Global is an ISO certified laboratory and is independent of Nexus Gold Corp and its subsidiaries.
The maiden Dakouli drill program was designed to initially test depth extensions of geochemical gold anomalies identified through termite mound sampling, soil gold geochemistry which identified three trends intersecting the property (see Company news release dated June 11, 2019), and finally rock geochemistry which has returned higher grade gold results from selective grab samples extracted from Artisanal mining areas (“Orpaillages”) (see Company news releases dated January 8 and 15, 2019, June 23, 2020, and September 10, 2020).

The Dakouli 2 permit is located on the Goren greenstone belt, proximal to Nordgold’s Bissa Mine, and is bisected by the gold bearing Sabce shear zone.

Warren Robb P.Geo., Vice President, Exploration, is the designated Qualified Person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.

About the Company

Nexus Gold is a Canadian-based gold exploration and development company with an extensive portfolio of eleven projects in Canada and West Africa. The Company’s West African-based portfolio totals five projects encompassing over 750-sq kms of land located on active gold belts and proven mineralized trends, while it’s 100%-owned Canadian projects include the McKenzie Gold Project in Red Lake, Ontario; the New Pilot Project, located in British Columbia's historic Bridge River Mining Camp; and four prospective gold and gold-copper projects (3,700-ha) in the Province of Newfoundland. The Company is focusing on the development of several core assets while seeking joint-venture, earn-in, and strategic partnerships for other projects in its growing portfolio.
For more information, please visit www.nxs.gold

On behalf of the Board of Directors of
NEXUS GOLD CORP.
Alex Klenman
President & CEO
604-558-1920
info@nexusgoldcorp.com
www.nexusgoldcorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

Alex Klenman
Nexus Gold Corp
+1 604-558-1919
info@nexusgoldcorp.com
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Source: EIN Presswire

What Does It Take to Be On A Technical Rescue Team

technical rescue team or confined space rescue team

DCS Technical Rescue Team

Technical rescue involves the use of specialized tools to secure safety. It includes vehicle extrication, rope rescue, water rescue, or even search and rescue.

CARSON, CALIFORNIA, UNITED STATES, January 25, 2021 /EINPresswire.com/ — Technical rescue ultimately involves using specialized tools to secure the safety of those who might be in danger. It can include vehicle extrication, rope rescue, water rescue, or even search and rescue. A trained technical rescue team is often used for this type of work because they are able to exceed the capabilities provided by emergency medical services.

Is A Career in Technical Rescue for You?

If you are strong in spirit, caring, a team player, and a hard worker then it may be that technical rescue is for you. Those who work in technical rescue are closet superheroes. If you’re a firefighter, then technical rescue team training can make you better at your job. It can also help you to advance your career as well. Some industrial facilities have their own in-house rescue team. They are assembled to meet the various rescue scenarios that may arise at the facility. These teams are made up of normal, day to day employees who might have day jobs, but who get extra training so that they can be on the rescue team.

If you do not work in an industry where there is a need, then it’s possible for you to become part of a local rescue group in your own town or even country. If you are cool under pressure and you have skills that are in demand then you have nothing to worry about, a job in rescue could be right for you.

Enthusiastic Community

Rescuers tend to be passionate and they are also very enthusiastic about the way that they work. Every single rescuer lights up when talking about their work, and the mere thought of what they do gives them great satisfaction in life.

Ups and Downs

Knowing that someone is going to be able to enjoy the rest of their life as the result of your own actions, is a nice feeling, to say the least. If you are considering a career in technical rescue, then you need to know that not every rescue operation is going to have a good outcome. Technical rescue situations can easily turn into recovery operations before you are even able to think or do anything. Sometimes bad outcomes happen even though you did your best. This is something that you have to think about because not everyone is able to deal with this kind of pressure.

Common Characteristics for Someone who Works on a Technical Rescue Team
If you want to make sure that you are a good fit for technical rescue, then simply look below to see some of the most desirable characteristics.

Altruism

Having a selfless concern for others is a very strong motivator for those who work in rescue.

Team Player

Taking pride in teamwork is another fantastic quality.

Social

Some rescuers would say that the people who they work with are their best friends.

Hard Worker

Rescue does require a great deal of effort. You can’t blink your eyes and have the job done. Sometimes you might need to put in an uncomfortable amount of effort, but either way, there are lives depending on you.

Strong of Spirit

There will come a time where you will need to make decisions and you will also need to accept responsibility for the outcome as well. If you approach your training and any operational responses with honesty, and if you do everything you can, then there’s no reason why you shouldn’t be a good fit.

Adrenaline Junkie

If you love adrenaline and if you believe that you are able to work under pressure, then it may be that a job in rescue is for you. You will experience plenty of heart-pounding moments and you will also need to work with a lot of other things going on.

Closet Superhero

If you feel as though you have a heart of gold and if you want to help people, then it may be that you are a closet superhero and want to do everything you can to ensure the safety and happiness of others. This is a fine quality, and it may mean that you are entirely suited to a job in search and rescue.

Technical rescue can be a daunting process, to say the least. If you take the time to make sure that the career is the right fit for you and if you look into the job requirements properly, then you’ll soon find that you are able to really feel comfortable in your work while also getting a great deal of satisfaction.

Lance B
Diversified Compliance Solutions
+1 5625953002
lanceb@anconservices.com
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Source: EIN Presswire

IPT Group acquires PRIMOVE E-mobility Wireless Charging technology portfolio

PRIMOVE

IPT Wireless power drives mobility

IPT PRIMOVE Z-Mover

PRIMOVE and IPT share a wealth of technology, market experience and installed base. IPT has an ambitious product development strategy.”

— Richard van den Dool

EFRINGEN-KIRCHEN, BADEN-WüRTTEMBERG, DUITSLAND, January 25, 2021 /EINPresswire.com/ — IPT Group, holding company of IPT Technology, one of the leading global manufacturers of wireless charging and electrification solutions applied in industrial and e-mobility applications, has acquired PRIMOVE, the e-mobility inductive charging technology portfolio from Bombardier.

With this acquisition, IPT combines two cleantech scale-ups in wireless power transfer for e-mobility benefiting from synergies, thereby accelerating IPT’s offering of a complete product portfolio to serve various markets.

“By acquiring PRIMOVE we’re complementing our existing IP and product portfolio and speed up our product-to-market plans,” says IPT’s management, Richard van den Dool and Victor Hoynck van Papendrecht. Both IPT Technology and PRIMOVE are global leaders in wireless charging technology and innovative pioneers with various pilots, prototypes and proofs of concept. Since its start in 2008, PRIMOVE has developed a strong patent portfolio for E-Mobility applications and delivered impressive innovations, achievements and technical knowhow. Next to bus applications, PRIMOVE has invested substantially in light-duty vehicle applications. IPT Technology has its roots in industrial wireless applications and has developed heavy-duty e-mobility solutions. By combining the technology and expertise of both companies, IPT is strengthening its market position and accelerating its business planning.

“PRIMOVE and IPT share a wealth of technology, market experience and installed base. IPT has an ambitious product development strategy”, says CEO/CCO Richard van den Dool. “Now the global energy transition and change-over to battery-driven vehicles are taking off; we need to accelerate our product development. Our focus will move from research, concept and prototype phase, to developing serial products.” Smart City, Smart Mobility, Industry 4.0, Autonomous Driving and other Megatrends are highly dependent on the availability of wireless electrification facilities. “Market demand for static and (semi)dynamic wireless charging applications will boost for all types of transport vehicles by rail, road or water. IPT is fully prepared for this, but we gain direct access to PRIMOVE’s IP, knowhow, and experience with this strategic takeover. That will save time and resources, that now can spend on new developments.”

“IPT Technology is ready to scale up its product development capacity,” according to CEO/COO Victor Hoynck van Papendrecht. “IPT has developed a solid base for further growth, and strongly believes in co-operation and partnerships to build the future. Accelerating and realising our ambitions require strategic and financial partners. With the acquisition of PRIMOVE, we strengthen our product portfolio while improving our proposition as a technology provider. PRIMOVE has always focused on light-duty cars (power range from 3-22kW) and heavy-duty applications (200kW). IPT’s focus has been on Industrial Mobility, making IPT the trusted partner for leading industrial companies to dynamic wireless empower their daily processes.”

With different markets and R&D approaches for light-duty charging solutions, both companies are complementary to each other. PRIMOVE has invested substantially in developing their Z-Move, an industrialised 3.6kW charging solution for the light-duty car market that includes an impressive metal detection and positioning system. Whereas PRIMOVE approached the car market top-down via OEM’s, IPT worked bottom-up by conducting selected pilots. The first pilot with Daimler started in 2012, followed by pilots with Porsche, Streetscooter (DHL) or EON. Currently, IPT is occupied in a Pan-European charging project driven by the EU (Horizon 2020 – User-Chi).

“We will finalise and complete the developments of PRIMOVE’s Z-Move and implement the first pilot in Barcelona at the end of 2021,” says IPT Management. Early 2021 IPT will also participate in an innovative project driven by the UK Government (OSRIC=On street Residential Inductive Charge) for which IPT has developed an underground charging solution. This allows 14 cars (different models) to be wirelessly charged overnight via the existing lamppost infrastructure keeping street clutter clean. IPT’s market experiences and pilot agenda combined with PRIMOVE technical leadership and advantages will be a great synergy.

The overlap between the two technologies is clearly on heavy-duty bus applications. IPT has been developing and installing wireless charging solutions (60-100kW) for buses since 2004. IPT’s first-generation charging solution was installed in Turin for 23 e-buses and still is in daily operation. IPT’s 3rd generation Charge Bus technology is used in different European cities, including London and Madrid. With this acquisition, PRIMOVE’s 200kW expertise and installed based in Berlin, Mannheim, Braunschweig or Bruges will be added to the IPT portfolio. Thereby all wireless charged busses across Europe come now from the same team!
Christian Köbel, Chief Technology Officer (CTO) at IPT says: “We will further optimise and combine both technologies and build a next-generation Bus Charge for depot and opportunity charging. But Bus will just be one of our focus segments. We also have an ambitious roadmap for static and dynamic wireless electrification, such as car, truck, ship, forklift, AGV/RGV or sorter line applications. With our roadmap, we will offer operators, owners and individuals an exciting range that facilitates their next step towards a wireless future.”

Terms of the deal are not disclosed.

About IPT Technology
IPT is a leading solutions provider of innovative technology and applications for wireless electrification and battery charging. IPT designs, manufactures, installs and services wireless charging systems to power up all types of vehicles ranging from cars and buses to ships, robots and material handling equipment.

Richard van den Dool
IPT Technology GmbH
+31 6 81601716
marketing@ipt-technology.com
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PRIMOVE e-buses in operations


Source: EIN Presswire

Minnesota Mesothelioma Victims Center Appeals to the Family of a Taconite Miner in Minnesota to Call Attorney Erik Karst of Karst von Oiste-Get a Much Better Financial Compensation Result

"We are appealing to the family of a taconite miner in Minnesota who has just been diagnosed with mesothelioma to please call attorney Erik Karst of the law firm of Karst von Oiste at 800-714-0303.”

— Minnesota Mesothelioma Victims Center

MINNEAPOLIS, MINNESOTA , USA, January 25, 2021 /EINPresswire.com/ — The Minnesota Mesothelioma Victims Center says, "We are appealing to the immediate family of a taconite miner in Minnesota who has just been diagnosed with mesothelioma to please call attorney Erik Karst of the law firm of Karst von Oiste at 800-714-0303. Erik Karst is one of the nation's leading mesothelioma attorneys and he and his colleagues at Karst von Oiste have been assisting people with mesothelioma in Minnesota for decades and he will know exactly how to help a person like this.

"We know the last 12 months or so have been a nightmare of people in Minnesota if you throw in the Coronavirus, social unrest and the election. We have heard that some people with mesothelioma around the nation are son worn out with everything-they are not electing to pursue compensation. Please do not do this. If you have mesothelioma in Minnesota and or this sounds like your loved one-please call attorney Erik Karst of Karst von Oiste anytime at 800-714-0303. The call is no obligation and at a minimum he will be able to explain the compensation process to you as well as suggest what your claim might be worth. This is a much better deal than a free booklet, or kit related to mesothelioma." www.karstvonoiste.com/

The Minnesota Mesothelioma Victims Center wants to emphasize there is a statewide initiative available to diagnosed victims anywhere in Minnesota, including communities such as Minneapolis, Saint Paul, Rochester, Duluth, Bloomington, Brooklyn Park, Plymouth, or Saint Cloud. www.karstvonoiste.com/

For the best possible mesothelioma treatment options in Minnesota, the Minnesota Mesothelioma Victims Center strongly recommends the following heath care facilities with the offer to help a diagnosed victim, or their families, get to the right physicians at each hospital.

* The Mayo Clinic Rochester, Minnesota: https://www.mayoclinic.org/.

* Masonic Cancer Center University of Minnesota-Minneapolis, Minnesota: http://www.cancer.umn.edu/

High-risk work groups for exposure to asbestos in Minnesota include Veterans of the US Navy, power plant workers, shipyard workers, factory workers, welders, industrial workers, plumbers, electricians, auto mechanics, machinists, iron ore miners, and construction workers. Typically, the exposure to asbestos occurred in the 1950’s, 1960’s, 1970’s, or 1980’s. https://Minnesota.MesotheliomaVictimsCenter.Com

According to the CDC the states indicated with the highest incidence of mesothelioma include Maine, Massachusetts, Connecticut, Maryland, New Jersey, Pennsylvania, Ohio, West Virginia, Virginia, Michigan, Illinois, Minnesota, Louisiana, Washington, and Oregon.

However, based on the calls the Mesothelioma Victims Center receives a person with mesothelioma or asbestos exposure lung cancer could live in any state including New York, Florida, California, Texas, Iowa, Indiana, Missouri, North Carolina, Kentucky, Tennessee, Georgia, Oklahoma, Arkansas, Kansas, Nebraska, North Dakota, Wyoming, Colorado, New Mexico, Utah, Nevada, Arizona, Idaho, or Alaska. www.karstvonoiste.com/

For more information about mesothelioma, please refer to the National Institutes of Health’s web site related to this rare form of cancer: https://www.cancer.gov/types/mesothelioma

Michael Thomas
Minnesota Mesothelioma Victims Center
+1 800-714-0303
email us here


Source: EIN Presswire

Waraba Gold Closed Acquisition of Mali Gold Project

Waraba Gold Closed Acquisition of Mali Gold Project

TORONTO, ON, CANADA, January 21, 2021 /EINPresswire.com/ — Waraba Gold Closed Acquisition of Mali Gold Project

Waraba Gold Limited (CSE:WBGD) (the “Corporation”) is pleased to announce that, further to the press release dated January 7, 2021, it has closed its acquisition (the “Acquisition”) of all of the issued and outstanding shares of 1273795 B.C. LTD. (“Mali HoldCo”).
Transaction Details

The Acquisition was effected by way of a three-cornered amalgamation involving a wholly-owned subsidiary of the Corporation and Mali HoldCo (the “Amalgamation”). Pursuant to the terms of the Acquisition, the Corporation issued an aggregate of 25,690,000 shares of the Corporation (“Waraba Shares”) to shareholders of Mali HoldCo at a deemed priced at $0.1875, being equal to the maximum discount allowed by the Canadian Securities Exchange at time of issuance, representing the aggregate consideration of $4,867,500.

Description of Mali HoldCo and its Business

Mali HoldCo is registered in British Columbia and holds a 75% interest in Gonka Gold Mali SARL (“GGM”).
GGM has entered into an agreement with Fokolore Mining SARL (the “Purchase Agreement”) to acquire the research permit to explore for gold in the Maligonga-Est (Cercle de Kéniéba) region of Mali (the “Region”), issued by the Government of Mali on June 10, 2016 under number 2016-2006/MM-SG (as renewed pursuant to ordinance number 2019-3557/MMP-SG on October 11, 2019, (the “Mining Permit”).

Under the terms of the Purchase Agreement, the parties must receive ministerial consent to the transfer of the Mining Permit to GGM and Mali HoldCo must pay a total consideration of US$2,500,000, of which US$250,000 has already been paid and an additional US$1,000,000 is due by the end of March 2021, and the remaining US$1,250,000 can be settled with shares of the Corporation. In addition, GGM will be required to pay an additional US$1,000,000 upon proof, to an internationally recognized standard, that the area covered by the Mining Permit holds at least 1,000,000 ounces of gold; and an additional US$1,000,000 upon proof, to an internationally recognized standard, that the area covered by the Mining Permit holds at least 1,500,000 ounces of gold.

“We are pleased to have completed the acquisition with all the parties for this Mali project. I believe this acquisition provides our shareholders with incredible value and exposure to the most exciting new gold district in Mali. We look forward to Gonka commencing their initial work program on the project in next few weeks. Over the coming weeks we intend to update shareholders on the review of historic work performed as well as the results of the current work program.” – commented Waraba’s CEO, Carl Esprey.

As certain directors and officers of the Company received Waraba Shares in connection with the acquisition, it is considered a related party transaction for the purposes of Multilateral Instrument 61- 101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The participation of the directors and officers is exempt from the formal valuation and minority shareholder approval requirements provided under MI 61-101 in accordance with sections 5.5(a) and 5.7(1)(a) of MI 61-101. The Company is relying on an exemption from the formal valuation and minority shareholder approval requirements of MI 61-101 available because the fair market value of the Waraba Shares issued to the directors and officers does not exceed 25% of the Company's market capitalization, as determined in accordance with MI 61-101. The Company did not file a material change report related to this acquisition more than 21 days before the expected closing of the acquisition as required by MI 61-101 since the details of the Waraba Shares were not settled until shortly prior to the closing of the acquisition and the Company wished to close on an expedited basis for sound business reasons.

Prior to the Acquisition, Mr. Esprey held directly and indirectly 8,928,000 Common Shares and 2,254,291 Common Share purchase warrants, representing approximately 18.88% of Corporation’s issued and outstanding capital on an undiluted basis and approximately 23.64% on a partially diluted basis. As a result of the Acquisition, Mr. Esprey now holds directly and indirectly, 11,928,000 Common Shares and 2,254,291 Common Share purchase warrants, representing approximately 16.34% of Corporation’s issued and outstanding capital on an undiluted basis and 19.43% on a partially diluted basis. The Common Shares acquired pursuant to the Acquisition were acquired by Mr. Esprey for investment purposes, and depending on market and other conditions, he may from time to time in the future increase or decrease its ownership, control or direction over securities of the Corporation through market transactions, private agreements, or otherwise. For the purpose of NI 62-103, the address of Carl Esprey is 60R. Nova Da Piedade Lisbon, Portugal
Copies of the early warning report filed by Carl Esprey may be obtained on the Corporation’s SEDAR profile or by contacting the Corporation at +1 312 235 2605.

For additional information, please contact:
WARABA GOLD LIMITED

Carl Esprey
Chief Executive Officer and Director
Telephone: +1 312 235 2605
Email: cesprey@warabagold.com

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the proposal to complete the associated transactions. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. These assumptions, risks and uncertainties include, among other things, the assumption that the Corporation will receive the approval of the CSE in respect of the Acquisition, that Gonka will commence their initial work program on the timlines provided, that GGM will meet its obligations under the Purchase Agreement, that GGM will obtain the necessary regulatory approvals to purchase the Mining Permit, that the Purchase Agreement will close on terms acceptable to GGM and the Corporation. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Factors that could cause the actual results to differ materially from those in the forward-looking statements include failure to obtain the final approval of the CSE, or failure to complete the Purchase Agreement, among other factors. The Corporation assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

The CSE nor its market regulator does not accept responsibility for the adequacy or accuracy of this news release. The CSE has in no way passed upon the merits of the Acquisition and has neither approved nor disapproved the contents of this news release.

Carl Esperay
Canada Iron Inc.
+1 416-710-4906
email us here


Source: EIN Presswire

Wind Power Surpasses Coal in Texas

Wind Power Surpasses Coal in Texas

Wind Power Surpasses Coal in Texas”

— KAROL DONIMIRSKI

ZADAR, CROATIA, January 21, 2021 /EINPresswire.com/ — The Lone Star State seems to have been largely associated with fossil fuels for years. Although shale gas and oil have long dominated supreme in Texas, coal has also been a major part of the state’s energy mix for a long time, currently turning in at around 18%. Not for long, though. Via Texas, the winds of transition blast. Wind power surpassed coal in the total electricity balance of the state in 2020 for the very first time, “the newest sign of the growing popularity of the renewable energy in fossil fuel heartland of America,” as per the Financial Times.

The state has already been passionately gradually developing its wind power potential as the shale boom that placed Texas on the world energy map has been slowing off. Texas has become one of the pioneers in the national wind power revolution, “pulling in billions of dollars of the capital investment over the last decade as well as growing the generation of electricity steadily from fuel.” In the recent past, in West Texas’s oil fields, the refineries all along Gulf Coast, and then all the government halls whereby Texans work, from Austin to the Washington DC, clean energies and everything that could even be indirectly linked to a liberal agenda is anathema.

Around the same time as the United States shale-based economy crashed, the massive infusion of capital into wind power was a powerfully compelling chain of events to get more business executives on board with the transition to renewable energy. Capital has had a depoliticizing influence in Texas’ energy markets, as well as some extremely conservative people who are decidedly disinterested in the atmosphere or environmental concerns are getting really, extremely wealthy from solar and wind power as the petro-dogma disappears. As such, last year, wind energy accounted for a remarkable quarter of the electricity mix, not only surpassing coal but blowing breezily beyond it.

Wind Power Surpasses Coal in Texas
Rocket Lab plans to launch the German company’s super-secret satellite
SpaceX’s Counter-reflective darker Starlink Satellites are better, but only

Karol Donimirsky
Blackbird
email us here


Source: EIN Presswire

High-Speed Internet as Next Frontier in Satellite Systems

High-Speed Internet as Next Frontier in Satellite Systems

High-Speed Internet as Next Frontier in Satellite Systems”

— Karol Donimirsky

LISBON, PORTUGAL, January 21, 2021 /EINPresswire.com/ — New development keeps happening in the space industry daily. These come to include new outcomes from Abaco Systems, Inc., which recently announced a promotion for an award toward its initial $900K designated for a company capable of developing a field control interface that supports the Protected Tactical Satellite launched by the Space Force. The PTS mainly functions as a modern warfare system capable of taking advantage of the next generation of anti-jamming satellite communication protocol systems. The company Abaco is committed to continuing with the same design that enabled it to establish a long legacy of hardware used to support warfare endeavors and warriors on the ground, air support, and navy operations.

This new development provides an easy win involves taking advantage of the company’s well-integrated Abaco VP868 FPGA card and the recently developed and assigned FMC172 FPGA card. There are reports that the company plans to upgrade the VP868 to be compatible with a 6U OpenVPX-compliant high-performance plugin that offers specialized digital signals. This plugin is especially suitable for high-performance computing applications. Further implications include integration with I/O applications to communicate on a large scale from the ground-based lab into far situated remote and robust environments. Further development approves high efficiency, low latency, and high sampling components with corresponding high-capacity speeds from the expected FMC172 module.

The company plans to have its proponent VP868 merge with its FMC172 network, expected to help customers overcome previously prominent problems especially experienced in the production of new DSP systems. The company hopes that this new design will triumph previously emergent issues. This development is considerable evidence of Abaco’s value based on the challenging criteria and consumer processing timetable.

High-Speed Internet as Next Frontier in Satellite Systems
New Expectations in Mars Missions
William Thornton, the astronaut who developed the shuttle treadmill, passes

Karol Donimirsky
Blackbird
email us here


Source: EIN Presswire