Bechtel Corporation’s Post

The rapid advancements in high-tech sectors such as photovoltaics, electric vehicles, and 5G by Asia, particularly China, have intensified competitive pressures for some Western companies. However, just as regional development and corporate fortunes naturally ebb and flow, we believe in embracing these changes. By fostering an open and confident approach to innovation, we can secure continuous growth and maintain a competitive edge. The global construction machinery market serves as a prime example of this phenomenon. Firms like Caterpillar and Komatsu illustrate how adapting to new technologies and expanding strategically can significantly influence market conditions. By embracing electric and automated machinery solutions, these companies are not just keeping pace with emerging trends but are setting them, proving that innovation is the best response to market challenges. We at Ausinland believe that adopting a global perspective enhances our ability to compete and thrive. Openness and confidence in the face of international competition foster an environment where ideas flourish and collaborations multiply. This mindset is crucial as we strive to create a more equitable market where opportunities for growth are accessible to all regions—East, West, North, and South. Join us as we continue to promote sustainable growth and equitable opportunities within the mining, renewables, infrastructure and construction industry. Ausinland is committed to bridging diverse markets and cultures, ensuring that innovation and cooperation lead the way. Let's redefine what's possible in our industry and build a future where every player has the opportunity to excel. #InnovationInConstruction #GlobalEconomy #SustainableDevelopment #Ausinland #MarketLeadership #ConstructionMachinery

Very exciting news to start the week. 🚀   We can announce that we have received £4.4m million in funding from the Advanced Propulsion Centre UK (APC), delivered in partnership with the Department for Business and Trade and Innovate UK, to scale up the development of our suspension technology, in partnership with YASA and Mercedes-Benz AG, which will see vehicles with our units on the road in the next 5 years.    Our world-class active suspension systems give drivers ground-breaking performance, enabling vehicles to go further, and in more comfort. This reduces range anxiety, with electric vehicles being able to achieve 10% more range.   This investment helps us lead the charge, continuing to innovate, maximise efficiency, and minimise environmental impact. Exciting times ahead! #automotive #suspension #activesuspension #electrification #digitalisation #electriccars #EVs #technology #innovation #engineering #cars

Advanced Propulsion Centre UK's collaborative research and development projects Project ELEVATION (Electric Lightweight Vehicle Platform and Digital Toolchain) Aston Martin, Manufacturing Technology Centre, Expert Tooling & Automation, Creative Composites, Fuzzy Logic Studio and WMG (Warwick Manufacturing Group), University of Warwick. Total project cost £18 million, including a grant of £8.9 million Project ELEVATION (Electric Lightweight Vehicle Platform And Digital Toolchain) aims to accelerate the development of a modular luxury battery electric vehicle (BEV) platform, and associated technologies, with UK-based assembly of battery packs and electric drive units with advanced vehicle lightweighting whilst enhancing digital toolchain, enabling a route to net-zero facilities and supply chain, and delivering innovative electrification training. Project Additive: wheel motor and active suspension YASA, Domin and Cranfield University Total project cost £21.2 million, including a grant of £10.6 million Project Additive combines the relative expertise of YASA, Domin and Cranfield University. The consortium is focused on creating an innovative combined electric propulsion & handling system which aims to revolutionise existing EV architecture standards and bring a new level of electrified performance. Emissions Reduction via Generative Optimisation & Recycling (ERGO-R) Gestamp (Autotech Engineering R&D UK), JLR, iCOMAT, Cygnet Texkimp, Longworth and WMG, University of Warwick Total project cost £6.4 million, including a grant of £3.2 million The project ERGO-R is focused on identifying how to reduce and eventually eliminate greenhouse gas emissions in vehicle design and production. Studies show that 75%-80% of embodied carbon footprint is locked into product at the design phase. Gestamp will review design methodologies, manufacturing processes, materials, energy costs, recoverability, re use and recyclability, to consider the full embedded/embodied carbon cost/impact across a vehicle’s lifetime to create a true circular economy for the automotive industry, reducing waste and ensuring optimised multiple life reuse to support a net zero future. Project Coeus Perkins Diesel Generator Set, Equipmake and Loughborough University Total project cost £22.4 million, including a grant of £ 11.1 million The collaboration between Perkins Engines, Equipmake, and Loughborough University is to design, develop and demonstrate an innovative ‘drop-in’ pre-integrated, highly configurable electric hybrid power system capable of operating using #hydrogen or lower carbon intensity fuels that a wide-range of customers can readily incorporate into their off-highway vehicles and machines.

ENGINEERING M&A: Ausenco acquired for $900 million to underpin critical minerals related capabilities. 📐 ⛏ 💰 Great write up by Brad Thompson in the The Australian Financial Review covering the news that Resource Capital Funds has sold engineering and consulting firm Ausenco for about $900 million in a deal with a US billionaire and private equity firms looking to boost their exposure to battery minerals and energy transition. The $US578 million sale comes nine years after RCF took the Australian mining-focused engineering firm private in a deal valued at about $150 million and removed it from the ASX. Ausenco’s new owners include billionaire Todd Boehly’s Eldridge Industries, which has a share in Major League Baseball team Los Angeles Dodgers and film studio A24. Brightstar Capital and the multi-billion dollar Claure Group, which owns a stake in Brightstar, are the other new owners. Marcelo Claure immediately declared his intention to use Ausenco to help turn Latin America into a major force in lithium as well as copper. Ausenco has been a key plank of the investment portfolio at James McClements RCF since the Australian private equity firm’s original investment in 2014. MY TAKE: • First of all, congratulations to RCF for growing Ausenco so rapidly, and such a successful exit. I'm sure the return isn't as high as the implied 6x given incremental investment over the last 9 years, but a multi bagger nonetheless, and an amazing outcome for RCF investors. • I've worked with Ausenco in the past, including in South America (which appears to be a key driver for the acquisition), and Ausenco has built both a dynamic culture, and excellent capabilities. • The declared objective of the acquisition, to essentially grow in Latin America, in the area of #lithium and #copper is very strategic. This looks like a smart way to instantly acquire capabilities and intel, as part of a broader push into #battery / #critical #metals. #mine #mining #southamerica #epc #engineering #acquisition #investment #strategy #australia

It’s not about perfect. It’s about effort. And when you bring that effort every single day, that’s where transformation happens. That’s how change occurs. Let Glo resources show you the effort that we put into helping with your hiring needs. Sit back and watch the transformation happen. Now let’s get Glo-ing! #gloresources #hiringsolutions #Lousiana #Flordia #Texas #fabrication #construction #oilandgas #completeemployeesolutions #transformation #change #letmehelp

~ #HumpDayHaiku ~ Innovation flows, Leading with tech's steady hand, Tomorrow's path shows. Did you know that Grant Prideco™ has been a driving force behind the technology that has unlocked hydrocarbons, providing the world with the energy it needs to thrive for decades? 💪 Their relentless commitment to innovation has paved the way for safer, more efficient, and sustainable drilling practices. From groundbreaking #connection designs to cutting-edge material grades, NOV Grant Prideco has played a pivotal role in shaping the energy industry as we know it. As technology leaders, they've not only raised the bar but have also set new standards for excellence in drilling engineering. So, whether you're a seasoned pro or just starting your career in this dynamic field, keep an eye on NOV Grant Prideco for the latest advancements that are revolutionizing our industry! Join me in applauding their unwavering dedication to progress, and let's continue pushing the boundaries of what's possible in the world of drilling engineering. 🌐🛠️ #DrillingEngineering #Innovation #NOVGrantPrideco #EnergySolutions #TechnologyLeadership

As a base for new technology the #UK is a good place to invest. Flexible labour law is key. Lower tax rates (🙄). Investment allowances. Big things are happening behind the media black out for automotive, battery manufacturing, small nuclear reactors, aerospace. It's really sad that the media is not very partisan so we hear more about the struggle at Tata steel, an old industrial structure. Understanding this difference will help you stay #positive. People adapt and constantly grow. That's why dystopian projections rarely come true. #goodnews #ukbusiness #ukeconomy #tax #foreigninvestment https://lnkd.in/eJBaQG4b

This is exciting news about Enerpoly's acquisition of battery manufacturing equipment. With this, we can de-risk scaling up our megafactory, leverage the domestic industrial ecosystem in Europe, and develop new production processes for zinc-ion batteries. Read more below! #energystorage #batteryinnovation #cleanenergy #batterytechnology #batterymanufacturing #greentech #megafactory #zincion #europeanindustry

A new step towards the electrified mine of the future with a fully battery-electric trolley truck. Together with Epiroc and ABB we have passed a new technology milestone in Kristineberg by successfully deploying the first fully battery-electric trolley truck system on an 800 meter long underground mine test track. How we conduct our mining operations and extract minerals plays a pivotal role in the transition towards a more sustainable society and we are taking the opportunity to expand our Kristineberg mine using new technology, moving from fossil fuels to all-electric. The collaboration contributes to reducing carbon emissions as well as improving health and safety for the industry’s workforce. By deploying this system, the underground working environment can be significantly improved with fewer emissions, less noise, and reduced vibration. This project was supported by funding from the Swedish innovation agency Vinnova and will contribute to Boliden’s vision to be the most climate friendly and respected metal provider in the world.