Latest news with #andMining
Malaysian Reserve
2 days ago
- Automotive
- Malaysian Reserve
BharatBenz Strengthens Construction Segment with All-New Construction and Mining Range to Power India's Infrastructure Boom
CHENNAI, India, July 4, 2025 /PRNewswire/ — India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for reliable, high-performance vehicles as large contractors increasingly invest in owned assets and modernize their aging fleets. The HX and Torqshift launch follows extensive real-world validation, with more than 150 trucks deployed in customer trials across India's most demanding construction and mining sites. These trials demonstrated significant improvements in uptime, operational efficiency, and profitability, leading directly to full-scale production. Satyakam Arya, Managing Director and CEO, Daimler India Commercial Vehicles, said, 'India's construction and mining sector continues to be one of our strongest business pillars, powering the next phase of national development. We're seeing a decisive shift as large contractors invest in owned assets for better control and long-term returns. Many fleets are 8-10 years old and reaching the end-of-life, creating a major replacement cycle. Our extensive customer trials with 150+ trucks have validated the real-world performance and profitability impact these vehicles deliver.' Comprehensive Range for Diverse Applications The expanded BharatBenz Construction and Mining lineup includes: Heavy-Duty Construction Vehicles: The HX series, comprising the 2828C HX and 3532C HX models, are engineered for extreme durability, class leading productivity, unmatched fuel efficiency, and best in class drivability. Offered in two powerful configurations—280 hp with 1100 Nm torque and 320 hp with 1250 Nm torque—the trucks come equipped with additional features such as Hill Hold Assist, unitized front axle bearings, wind deflector, and advanced driver state monitoring systems, delivering long-lasting performance under the most demanding conditions. Specialised Mining Applications: The Torqshift series (2832CM and 3532CM variants) offers globally proven AMT that delivers zero lag performance, unmatched comfort, faster TAT and enhanced fuel efficiency for demanding mining applications. Ready Mix Concrete (RMC) Solutions: The 2828C RMC variant with 9 cubic meter capacity features the powerful OM 926 BSVI OBD-II engine generating 280hp and 1100Nm torque for reliable concrete transportation across challenging terrains. Pradeep Kumar Thimmaiyan, President & Chief Technology Officer, Daimler India Commercial Vehicles, said, 'We designed the HX by listening to customers. Priority for vehicles with higher payload capacities, faster TAT and fleet managers demanding lower maintenance costs. Every component re-design addresses real customer challenges. We've prioritized driver safety with full EU ECE R29-03 cabin compliance and best-in-class safety features.' What Sets HX Apart High Gradeability (up to 60% in 2828C and up to 54% in 3532C): Confident climbing with full load 360° Reliability: Frame, axle, braking, and engine designed to perform together Best-in-Class Warranty: Tailored for long-term ownership confidence Rajiv Chaturvedi, President & Chief Business Officer, Daimler India Commercial Vehicles, said, 'Fleet operators increasingly demand maximum uptime and swift maintenance solutions. The HX range helps operators minimize project delays and optimize operations. We're seeing strong demand for factory-fitted features—GPS, hill start assist and driver comfort amenities. Also, safety innovations like reverse cameras and driver state monitoring are becoming customer priorities.' The expanded portfolio is available across the 385 BharatBenz dealer touchpoints throughout India, supported by comprehensive service infrastructure and attractive 15,000 hours annual maintenance contracts to enhance operational reliability. Our advanced uptime center hub integrates cutting-edge diagnostic technology with specialized technical expertise to deliver predictive maintenance solutions. By leveraging data analytics and real-time vehicle monitoring, the center enables fleet operators to maintain optimal vehicle performance while reducing unexpected service interruptions. BharatBenz has established itself as a trusted partner in India's construction and mining sectors, with vehicles contributing to major infrastructure projects nationwide. As India accelerates its infrastructure development, the company remains committed to supporting this growth through innovative solutions that maintain the highest standards of safety, quality, and reliability. Know more about our HX Range Hill Hold Assist: Prevents rollbacks on steep grades – essential for mining operations and construction sites Unitized Bearing at Front Axle: Reduces maintenance requirements and extends service life, lowering total cost of ownership Driver State Monitoring: Advanced safety technology that monitors operator alertness during long operational shifts Inter-Axle & Inter-Wheel Diff Lock (IRT 440-11): Superior traction control for navigating the most challenging terrains Bolster Bogie Suspension with Shock Absorbers: Enhanced load capacity, stability and ride comfort for heavy-duty applications G131/G131HD Transmission Options: 9F+1R synchromesh gears with heavy-duty variant available for extreme applications New Improved Rear Axle (IRT440-11): Enhanced with higher capacity for superior performance in demanding applications Wind Deflector: Improved aerodynamics helping enhance fuel economy of the new range Better Approach Angle: Improved ground clearance optimized for mining operations and challenging terrain navigation New Styling: Distinctive rugged design that reflects the capability and durability of the new range Further information: and *Source: India Brand Equity foundation Daimler Truck at a glance: Daimler Truck Holding AG ('Daimler Truck') is one of the world's largest commercial vehicle manufacturers, with over 40 main locations and more than 100,000 employees around the globe. The founders of Daimler Truck have invented the modern transportation industry with their trucks and buses a good 125 years ago. Unchanged to this day, the company's aspirations are dedicated to one purpose: Daimler Truck works for all who keep the world moving. Its customers enable people to be mobile and get goods to their destinations reliably, on time, and safely. Daimler Truck provides the technologies, products, and services for them to do so. This also applies to the transformation to CO2-neutral driving. The company is striving to make sustainable transport a success, with profound technological knowledge and a clear view of its customers' needs. Daimler Truck's business activities are structured in five reporting segments: Trucks North America (TN) with the truck brands Freightliner and Western Star and the school bus brand Thomas Built Buses. Trucks Asia (TA) with the FUSO and RIZON commercial vehicle brands. Mercedes-Benz Trucks (MBT) with the truck brand of the same name and BharatBenz. Daimler Buses (DB) with the Mercedes-Benz and Setra bus brands. Daimler Truck's new Financial Services business (DTFS) constitutes the fifth segment, the product range in the truck segments includes light, medium and heavy trucks for long-distance, distribution and construction traffic and special-purpose vehicles used mainly in the municipal and vocational sector. The product range of the bus segment includes city buses, school buses and intercity buses, coaches and bus chassis. In addition to the sale of new and used commercial vehicles, the company also offers aftersales services and connectivity solutions. Daimler India Commercial Vehicles Pvt. Ltd. at a glance: Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler Truck AG, Germany, is a full-fledged commercial vehicle player in India with a brand dedicated to its home market: BharatBenz. DICV produces and sells trucks from 10 to 55 tons, as well as BharatBenz buses, Mercedes-Benz coaches, and bus chassis. DICV's state-of-the-art manufacturing plant at Oragadam near Chennai spreads over 400 acres (160 hectares) including a highly modern test track and is home to the company's headquarters, R&D, and training operations. With one global quality standard, it also produces Daimler Trucks' brands of FUSO, Mercedes-Benz, and Freightliner. Products and parts are exported to more than 60 markets in Africa, Asia, Latin America, and the Middle East. DICV represents an overall investment of more than INR 9,560 crores. Photo:
The Wire
2 days ago
- Automotive
- The Wire
BharatBenz Strengthens Construction Segment with All-New Construction and Mining Range to Power India's Infrastructure Boom
CHENNAI, India, July 4, 2025 /PRNewswire/ -- India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for reliable, high-performance vehicles as large contractors increasingly invest in owned assets and modernize their aging fleets. The HX and Torqshift launch follows extensive real-world validation, with more than 150 trucks deployed in customer trials across India's most demanding construction and mining sites. These trials demonstrated significant improvements in uptime, operational efficiency, and profitability, leading directly to full-scale production. Satyakam Arya, Managing Director and CEO, Daimler India Commercial Vehicles, said, "India's construction and mining sector continues to be one of our strongest business pillars, powering the next phase of national development. We're seeing a decisive shift as large contractors invest in owned assets for better control and long-term returns. Many fleets are 8-10 years old and reaching the end-of-life, creating a major replacement cycle. Our extensive customer trials with 150 trucks have validated the real-world performance and profitability impact these vehicles deliver." Comprehensive Range for Diverse Applications The expanded BharatBenz Construction and Mining lineup includes: • Heavy-Duty Construction Vehicles: The HX series, comprising the 2828C HX and 3532C HX models, are engineered for extreme durability, class leading productivity, unmatched fuel efficiency, and best in class drivability. Offered in two powerful configurations—280 hp with 1100 Nm torque and 320 hp with 1250 Nm torque—the trucks come equipped with additional features such as Hill Hold Assist, unitized front axle bearings, wind deflector, and advanced driver state monitoring systems, delivering long-lasting performance under the most demanding conditions. • Specialised Mining Applications: The Torqshift series (2832CM and 3532CM variants) offers globally proven AMT that delivers zero lag performance, unmatched comfort, faster TAT and enhanced fuel efficiency for demanding mining applications. • Ready Mix Concrete (RMC) Solutions: The 2828C RMC variant with 9 cubic meter capacity features the powerful OM 926 BSVI OBD-II engine generating 280hp and 1100Nm torque for reliable concrete transportation across challenging terrains. Pradeep Kumar Thimmaiyan, President & Chief Technology Officer, Daimler India Commercial Vehicles, said, "We designed the HX by listening to customers. Priority for vehicles with higher payload capacities, faster TAT and fleet managers demanding lower maintenance costs. Every component re-design addresses real customer challenges. We've prioritized driver safety with full EU ECE R29-03 cabin compliance and best-in-class safety features." What Sets HX Apart • High Gradeability ( up to 60% in 2828C and up to 54% in 3532C): Confident climbing with full load • 360° Reliability: Frame, axle, braking, and engine designed to perform together • Best-in-Class Warranty: Tailored for long-term ownership confidence Rajiv Chaturvedi, President & Chief Business Officer, Daimler India Commercial Vehicles, said, "Fleet operators increasingly demand maximum uptime and swift maintenance solutions. The HX range helps operators minimize project delays and optimize operations. We're seeing strong demand for factory-fitted features—GPS, hill start assist and driver comfort amenities. Also, safety innovations like reverse cameras and driver state monitoring are becoming customer priorities." The expanded portfolio is available across the 385 BharatBenz dealer touchpoints throughout India, supported by comprehensive service infrastructure and attractive 15,000 hours annual maintenance contracts to enhance operational reliability. Our advanced uptime center hub integrates cutting-edge diagnostic technology with specialized technical expertise to deliver predictive maintenance solutions. By leveraging data analytics and real-time vehicle monitoring, the center enables fleet operators to maintain optimal vehicle performance while reducing unexpected service interruptions. BharatBenz has established itself as a trusted partner in India's construction and mining sectors, with vehicles contributing to major infrastructure projects nationwide. As India accelerates its infrastructure development, the company remains committed to supporting this growth through innovative solutions that maintain the highest standards of safety, quality, and reliability. Know more about our HX Range • Hill Hold Assist: Prevents rollbacks on steep grades - essential for mining operations and construction sites • Unitized Bearing at Front Axle: Reduces maintenance requirements and extends service life, lowering total cost of ownership • Driver State Monitoring: Advanced safety technology that monitors operator alertness during long operational shifts • Inter-Axle & Inter-Wheel Diff Lock (IRT 440-11): Superior traction control for navigating the most challenging terrains • Bolster Bogie Suspension with Shock Absorbers: Enhanced load capacity, stability and ride comfort for heavy-duty applications • G131/G131HD Transmission Options: 9F 1R synchromesh gears with heavy-duty variant available for extreme applications • New Improved Rear Axle (IRT440-11): Enhanced with higher capacity for superior performance in demanding applications • Wind Deflector: Improved aerodynamics helping enhance fuel economy of the new range • Better Approach Angle : Improved ground clearance optimized for mining operations and challenging terrain navigation • New Styling: Distinctive rugged design that reflects the capability and durability of the new range Further information: and *Source: India Brand Equity foundation Daimler Truck at a glance: Daimler Truck Holding AG ("Daimler Truck") is one of the world's largest commercial vehicle manufacturers, with over 40 main locations and more than 100,000 employees around the globe. The founders of Daimler Truck have invented the modern transportation industry with their trucks and buses a good 125 years ago. Unchanged to this day, the company's aspirations are dedicated to one purpose: Daimler Truck works for all who keep the world moving. Its customers enable people to be mobile and get goods to their destinations reliably, on time, and safely. Daimler Truck provides the technologies, products, and services for them to do so. This also applies to the transformation to CO2-neutral driving. The company is striving to make sustainable transport a success, with profound technological knowledge and a clear view of its customers' needs. Daimler Truck's business activities are structured in five reporting segments: Trucks North America (TN) with the truck brands Freightliner and Western Star and the school bus brand Thomas Built Buses. Trucks Asia (TA) with the FUSO and RIZON commercial vehicle brands. Mercedes-Benz Trucks (MBT) with the truck brand of the same name and BharatBenz. Daimler Buses (DB) with the Mercedes-Benz and Setra bus brands. Daimler Truck's new Financial Services business (DTFS) constitutes the fifth segment, the product range in the truck segments includes light, medium and heavy trucks for long-distance, distribution and construction traffic and special-purpose vehicles used mainly in the municipal and vocational sector. The product range of the bus segment includes city buses, school buses and intercity buses, coaches and bus chassis. In addition to the sale of new and used commercial vehicles, the company also offers aftersales services and connectivity solutions. Daimler India Commercial Vehicles Pvt. Ltd. at a glance: Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler Truck AG, Germany, is a full-fledged commercial vehicle player in India with a brand dedicated to its home market: BharatBenz. DICV produces and sells trucks from 10 to 55 tons, as well as BharatBenz buses, Mercedes-Benz coaches, and bus chassis. DICV's state-of-the-art manufacturing plant at Oragadam near Chennai spreads over 400 acres (160 hectares) including a highly modern test track and is home to the company's headquarters, R&D, and training operations. With one global quality standard, it also produces Daimler Trucks' brands of FUSO, Mercedes-Benz, and Freightliner. Products and parts are exported to more than 60 markets in Africa, Asia, Latin America, and the Middle East. DICV represents an overall investment of more than INR 9,560 crores. Photo: Photo: Logo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.).
Yahoo
12-06-2025
- Business
- Yahoo
Capital Allocation Trends At Fortescue (ASX:FMG) Aren't Ideal
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Looking at Fortescue (ASX:FMG), it does have a high ROCE right now, but lets see how returns are trending. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on Fortescue is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.22 = US$5.9b ÷ (US$29b - US$2.2b) (Based on the trailing twelve months to December 2024). So, Fortescue has an ROCE of 22%. In absolute terms that's a great return and it's even better than the Metals and Mining industry average of 8.2%. View our latest analysis for Fortescue In the above chart we have measured Fortescue's prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Fortescue . On the surface, the trend of ROCE at Fortescue doesn't inspire confidence. To be more specific, while the ROCE is still high, it's fallen from 38% where it was five years ago. Given the business is employing more capital while revenue has slipped, this is a bit concerning. If this were to continue, you might be looking at a company that is trying to reinvest for growth but is actually losing market share since sales haven't increased. In summary, we're somewhat concerned by Fortescue's diminishing returns on increasing amounts of capital. Yet despite these concerning fundamentals, the stock has performed strongly with a 92% return over the last five years, so investors appear very optimistic. In any case, the current underlying trends don't bode well for long term performance so unless they reverse, we'd start looking elsewhere. Since virtually every company faces some risks, it's worth knowing what they are, and we've spotted 2 warning signs for Fortescue (of which 1 is concerning!) that you should know about. If you'd like to see other companies earning high returns, check out our free list of companies earning high returns with solid balance sheets here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Returns At PRL Global (ASX:PRG) Are On The Way Up
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Speaking of which, we noticed some great changes in PRL Global's (ASX:PRG) returns on capital, so let's have a look. We've discovered 3 warning signs about PRL Global. View them for free. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. To calculate this metric for PRL Global, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.03 = AU$9.0m ÷ (AU$486m - AU$191m) (Based on the trailing twelve months to December 2024). Thus, PRL Global has an ROCE of 3.0%. In absolute terms, that's a low return and it also under-performs the Metals and Mining industry average of 8.3%. View our latest analysis for PRL Global Historical performance is a great place to start when researching a stock so above you can see the gauge for PRL Global's ROCE against it's prior returns. If you'd like to look at how PRL Global has performed in the past in other metrics, you can view this free graph of PRL Global's past earnings, revenue and cash flow. Even though ROCE is still low in absolute terms, it's good to see it's heading in the right direction. Over the last five years, returns on capital employed have risen substantially to 3.0%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 26%. So we're very much inspired by what we're seeing at PRL Global thanks to its ability to profitably reinvest capital. On a side note, we noticed that the improvement in ROCE appears to be partly fueled by an increase in current liabilities. Essentially the business now has suppliers or short-term creditors funding about 39% of its operations, which isn't ideal. Keep an eye out for future increases because when the ratio of current liabilities to total assets gets particularly high, this can introduce some new risks for the business. In summary, it's great to see that PRL Global can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. Since the stock has returned a staggering 119% to shareholders over the last five years, it looks like investors are recognizing these changes. Therefore, we think it would be worth your time to check if these trends are going to continue. One more thing: We've identified 3 warning signs with PRL Global (at least 1 which can't be ignored) , and understanding them would certainly be useful. While PRL Global may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
12-05-2025
- Business
- Yahoo
Franco-Nevada First Quarter 2025 Earnings: Beats Expectations
Revenue: US$364.9m (up 43% from 1Q 2024). Net income: US$209.8m (up 45% from 1Q 2024). Profit margin: 57% (in line with 1Q 2024). EPS: US$1.09 (up from US$0.75 in 1Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in Canada. Performance of the Canadian Metals and Mining industry. The company's shares are up 1.6% from a week ago. You should learn about the 1 warning sign we've spotted with Franco-Nevada. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
