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News in Brief 04_2024

The sustainability and resilience of the foundation model passes the stress test of continuing difficult framework conditions

The Board of Executives of the RAG-Stiftung, Essen/Germany, published the figures for the past financial year and offered insights into developments during the current year at its annual press conference at the Zollverein UNESCO World Heritage Site in Essen on 11th June 2024 (Figure 1). Although the overall economic conditions remained difficult, the foundation was nonetheless able to report an ...

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Breakthrough at the centre shaft of the Ibbenbüren mine water channel

After around 15 months of construction, the first section of the 7.4 km-long mine water channel has been driven. The breakthrough after 3.2 km marks an important milestone for the long-term water drainage in Ibbenbüren. “Today is a special day for RAG. We have completed the first stage of the mine water channel. My thanks go in particular to the miners involved. ...

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Reorganisation of the renewable division

Iqony GmbH, Essen/Germany, the green growth division of the Essen-based STEAG Group, is merging its solar and wind business into a joint business unit. The subsidiary, under whose umbrella both business areas will be bundled in future, has been operating as Iqony Sustainable Energy Solutions GmbH (Iqony Sens) since 30th May 2024 (Figure 1). “The integration of the two previous ...

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The VDKi calls for a sensible energy revolution – not a sledgehammer approach

The effects of the European elections are also being felt in the energy sector. Institutes, associations and family businesses are complaining about the poor state of the German economy, which is primarily due to high energy prices. Germany is one of the world’s most expensive countries for electricity. Furthermore, Germany has become a net importer of electricity – bad news ...

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VA Erzberg and EIT RawMaterials launch the Net-Zero Iron Ore Challenge

VA Erzberg GmbH, Eisenerz/Austria, Europe’s largest open-pit iron ore mine, in collaboration with EIT RawMaterials, the leading raw materials innovation and knowledge network, launched the VA Erzberg Net-Zero Iron Ore Challenge – Innovative Siderite Processing & Carbonate Valorization (Figure 1). The initiative is an urgent call for start-ups, SMEs, research groups, universities and innovators to propose sustainable solutions for reducing ...

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Spatial Planning Assessment received

South Harz Potash Ltd., West Perth/Australia, is pleased to advise that it has been granted the Spatial Planning Assessment for its Ohmgebirge Potash Development, the flagship asset within its 100 %-owned South Harz Potash Project located in central Germany. The Spatial Planning application for Ohmgebirge was formally submitted to the relevant regulator, Thüringer Landesverwaltungsamt (TLVwA), in December 2023. This application incorporated ...

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Review – Kapital im Bergbau

Michael Seeger: Kapital im Bergbau, 1st edition, 251 p., Springer Gabler, ISBN 978-3-031-16358-2, 69.99 € The supply of mineral resources is of crucial importance for the further development of our society. These resources must be sustainably mined in existing mines, but also in new mines that are yet to be developed. The development, operation and, after closure, the management of the legacy ...

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