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CIBC Raises Lundin Mining's Price Target to C$30.00, Indicating Potential Growth

CIBC Raises Lundin Mining's Price Target to C$30.00, Indicating Potential Growth

CIBC Raises Lundin Mining's Price Target to C$30.00, Indicating Potential Growth
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Scania and LKAB Collaborate to Test Modular Electric Truck in Swedish Mine

Scania and LKAB Collaborate to Test Modular Electric Truck in Swedish Mine

Scania and LKAB Collaborate to Test Modular Electric Truck in Swedish Mine
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Kenworth Expands Electric Truck Lineup for Zero-Emission Transportation

Kenworth Expands Electric Truck Lineup for Zero-Emission Transportation

Kenworth Expands Electric Truck Lineup for Zero-Emission Transportation
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Rizon Expands U.S. Dealership Network as DHL and Dragonfly Energy Push Fleet Electrification

Rizon Expands U.S. Dealership Network as DHL and Dragonfly Energy Push Fleet Electrification

Rizon Expands U.S. Dealership Network as DHL and Dragonfly Energy Push Fleet Electrification
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IATA Executive Discusses Unintended Consequences of Airline Regulations on Connectivity and Economy

IATA Executive Discusses Unintended Consequences of Airline Regulations on Connectivity and Economy

IATA Executive Discusses Unintended Consequences of Airline Regulations on Connectivity and Economy
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Peterbilt Launches New Electric Truck Models Amid Ongoing Emissions Dispute with California

Peterbilt Launches New Electric Truck Models Amid Ongoing Emissions Dispute with California

Peterbilt Launches New Electric Truck Models Amid Ongoing Emissions Dispute with California
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Mining Sector Embraces Diesel Efficiency for Emission Reduction

Mining Sector Embraces Diesel Efficiency for Emission Reduction

Mining Sector Embraces Diesel Efficiency for Emission Reduction
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Brazilian Defence Exports Surge 74% in 2025 Driven by Aircraft Sales

Brazilian Defence Exports Surge 74% in 2025 Driven by Aircraft Sales

Brazil has reported a 74% increase in its defence exports in 2025, reaching $3.1 billion compared to $1.78 billion in 2024. This growth is largely attributed to significant sales of Embraer aircraft, including four C-390 Millennium airlifters to Sweden and a KC-390 to Portugal. The Brazilian Ministry of Defence highlights that the defence industry supports 2.9 million jobs and contributes 3.49% to the national GDP. The country exports defence products to around 140 countries, with major importers including Germany, Bulgaria, the UAE, the US, and Portugal. The increase in exports is expected to continue, with ongoing negotiations for further sales of C-390 Millennium aircraft and other military equipment.
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Sweden and India Strengthen Ties with Focus on Sustainability

Sweden and India Strengthen Ties with Focus on Sustainability

Sweden and India are deepening their collaboration on sustainability initiatives, as highlighted during the third edition of the India-Sweden Sustainability Day. The event, hosted by Business Sweden and the Swedish Embassy, focused on industrial decarbonization and building a resilient, green future. Sweden's leadership in climate action and its collaborative frameworks with India were emphasized, with both countries committed to accelerating industrial net-zero goals. The event also saw the unveiling of the Sweden-India Business Guide 2025, outlining a roadmap for long-term partnerships between Swedish businesses and India.
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Brazilian Defence Exports Surge by 74% in 2025, Driven by Aircraft Sales

Brazilian Defence Exports Surge by 74% in 2025, Driven by Aircraft Sales

Brazil's defence exports have increased by 74% in 2025, reaching USD 3.1 billion, according to the Brazilian Ministry of Defence. This growth is attributed to significant sales, including four Embraer C-390 Millennium airlifters to Sweden and other aircraft to Portugal and Panama. The Brazilian defence industry, which contributes significantly to the national economy, has seen increased demand for its products, including tactical trucks, ammunition, and command-and-control systems. The industry supports 2.9 million jobs and represents 3.49% of Brazil's GDP, with exports reaching around 140 countries.
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Saab Secures $33 Million UTAAS Order for CV90, Enhancing Combat Vehicle Capabilities

Saab Secures $33 Million UTAAS Order for CV90, Enhancing Combat Vehicle Capabilities

Saab has been awarded a contract by BAE Systems Hägglunds to supply the Universal Tank and Anti-Aircraft System (UTAAS) sight and fire control system for the Combat Vehicle 90 (CV90). The contract is valued at approximately $33 million, with deliveries scheduled between 2029 and 2030. The UTAAS system is designed to engage both ground and air targets, boasting a maximum firing range of 5,000 meters. It is currently operational in several countries, including Sweden, Norway, and Finland, among others. The system's modular structure allows for various performance features and upgrade options, making it adaptable to different mission requirements.
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Progress Rail's Battery Electric Locomotive Arrives in Australia for Fortescue's Emission Goals

Progress Rail's Battery Electric Locomotive Arrives in Australia for Fortescue's Emission Goals

Progress Rail has delivered its EMD SD70J-BB, the largest battery electric locomotive in the world, to Port Hedlund, Australia. This 265-ton, 14.5 megawatt-hour locomotive is part of Fortescue's strategy to achieve net zero emissions across its operations by 2030. The locomotive will be used to power Fortescue's iron-ore unit trains in Western Australia. Manufactured in Brazil, the locomotive was shipped from Sete Lagoas and traveled around South Africa to reach its destination. Progress Rail expressed pride in addressing customer challenges with advanced technologies that enhance performance, reliability, and efficiency.