Author: sHq_LoGiNz
Africa Climate Summit Puts Financing and Resilience Under the Spotlight
The trouble with ‘carbon neutral’ — and what comes next
Old Tappan Dunkin’ to Celebrate Grand Opening with Free Coffee & Brand Giveaways while Giving Back to Local Food Pantry
OLD TAPPAN, N.J., Sept. 8, 2025 /PRNewswire/ — Dunkin’ is thrilled to announce the grand opening of its brand-new location in Old Tappan on September 15th at 10 AM! Join us for a momentous celebration that’s not just about coffee, but also about community spirit! The first 50 customers in line who bring a canned food donation for the Old Tappan Food Pantry will receive a FREE coffee, delicious donut, exciting radio station giveaways, and an awesome swag bag!
Mark your calendars, gather those canned goods, and be part of something special! The grand opening will take place at 200 Old Tappan Rd., and we can’t wait to see you there!
Mayor Gallagher expressed his enthusiasm about this new addition to the community, stating, “Old Tappan is very happy that Dunkin’ Donuts has chosen to come to Old Tappan. Whether traveling on business or pleasure, Dunkin’ Donuts is always a welcome sight to recharge. Old Tappan runs on Dunkin!”
The Old Tappan Food Pantry https://www.oldtappan.net/boards/assistance plays a vital role in our community, with Old Tappan Social Services striving to ensure that senior and disabled residents, as well as those facing difficult times, receive the support they need to preserve their well-being and dignity. With the help of residents, town organizations, and schools, Social Services provides a well-stocked Food Pantry, including fresh produce, and special programs such as the Adopt-a-Family Holiday Program, Holiday Gift Program, Make-a-Senior-Smile Program, Spring/Fall Yard Cleanup, Snow Removal, and Emergency Financial Assistance.
The celebration will kick off at 10 AM and run until noon, featuring the radio station 105.5 FM WDHA of Beasley Media Group, which will be there remotely playing music and providing customers with free station giveaways. Local franchisee Bill Mulholland has invited local officials and first responders for the official ribbon-cutting ceremony.
“We are so excited to bring the convenience and great coffee of Dunkin’ to Old Tappan,” said Bill Mulholland, Old Tappan Dunkin’ franchisee. “For years, frequenting Dunkin’ has been a part of our daily routine, and we look forward to bringing that sense of community and tradition to the Old Tappan area for years to come!”
Don’t miss out on this exciting event! Bring your canned goods, enjoy delicious Dunkin’ treats, and celebrate with us as we embark on this new journey together.
See you on September 15th at 10 AM! Old Tappan runs on Dunkin’!
Dunkin‘, founded in 1950, is the largest coffee and donuts brand in the United States, with more than 14,000 restaurants in nearly 40 global markets. Dunkin’ is part of the Inspire Brands family of restaurants. For more information, visit InspireBrands.com.
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SOURCE Old Tappan Dunkin’
florrent Raises $9.5 Million in Seed-2 Funding to Provide Firm Power at Every Level of the Grid
florrent’s material breakthrough enables supercapacitor solutions to unlock more performance from today’s grid, while preparing for the demands of tomorrow
NORTHAMPTON, Mass., Sept. 8, 2025 /PRNewswire/ — florrent, Inc., an energy technology company helping to solve the $150B/year power quality problem by providing economical power quality and reliability (PQ&R) solutions for a stable and decarbonized grid, today announced the successful closure of an oversubscribed $9.5M Seed-2 funding round. The round was led by MassVentures, with significant participation from Raven Indigenous Capital Partners, MassMutual Catalyst Fund, Boston Impact Initiative, Sky Foundation, Elbezius, Maroon Venture Partners Fund, and a group of mission-aligned angel investors.
florrent supercapacitors unlock more performance from today’s grid, while preparing for the demands of tomorrow
This funding will accelerate florrent’s production scale-up of Contoured Carbon™, their next-generation activated carbon material, which, when applied into supercapacitors, enables high-power solutions with lower total cost, smaller footprint, and a reduced carbon footprint when compared with existing technologies. As the electrical grid undergoes its most significant transformation in over a century, florrent’s technology provides a crucial solution to the stability challenges posed by today’s dynamic loads and aging infrastructure.
“The need for grid stability is accelerating to an unprecedented scale, driven by the rapid growth of dynamic loads and the wide distribution of energy resources,” said Jose LaSalle, CEO of florrent. “florrent’s supercapacitor solution is a critical addition to the toolbox that enables better use of existing infrastructure to meet these evolving needs. A defining hallmark of this energy transition will be unlocking new economic opportunities that are shared widely—especially among communities historically marginalized or most impacted by environmental degradation. At florrent, we’re driven to join other companies demonstrating that it is possible to build a profitable business founded on innovative technology that wins on unit economics while contributing to the well-being of people and the planet.”
The foundation of florrent’s technology is a material innovation that diverts domestic biomass waste from landfills, sequestering carbon as high-value, active power media that provide critical stability for an increasingly unstable grid. Importantly, this sourcing strategy also creates opportunities to partner with—and drive meaningful economic participation for—historically underserved communities within florrent’s value chain.
“Having led florrent’s Seed-1 funding round, we’re excited to lead again and continue our strong partnership with this exceptional team,” said Charlie Hipwood, CEO and President of MassVentures. “florrent continues to deliver impressive results while advancing their ambitious social and environmental impact mission. We’re proud to support their continued growth and help them scale solutions that create meaningful change.”
“We’re thrilled to continue to partner with Jose, Alex, Joe and the entire florrent team,” said Althea Wishloff, General Partner at Raven Indigenous Capital Partners. “As a big supporter of Indigenous- and Native-led entrepreneurs and businesses, Raven sees florrent as a means to drive positive environmental change while benefiting Tribal Nations and Peoples in raw material procurement and grid stabilization.”
florrent’s supercapacitors are made in the US and designed to integrate seamlessly into existing infrastructure, providing both front-of-the-meter and behind-the-meter resilience. They enable grid-forming capabilities, fast frequency response, and improved power quality, making them an indispensable tool for modern grid management.
florrent will use this $9.5M in new funding to hire key roles, including engineers and technicians to support their scaling manufacturing processes, scientists to expand their product development capabilities, operations specialists to drive efficiencies as they grow, and a business development leader to accelerate this next phase of commercialization. The company will be building out a new pilot manufacturing facility in Northampton, MA, which is scheduled to begin operations in 2026.
For more information about florrent and their groundbreaking work, please visit www.florrent.com or contact outreach@florrent.com.
About florrent
florrent is an energy technology company helping to solve the $150B per year power quality problem by providing economical power quality and reliability (PQ&R) solutions for a stable and decarbonized grid. florrent’s proprietary bio-derived activated carbon enables its supercapacitor solutions to lead the industry and enable widespread decarbonization and electrification.
About MassVentures
MassVentures is a leading venture capital firm focused on investing in early-stage, high-growth companies in Massachusetts. With a commitment to fostering innovation and economic development, MassVentures supports entrepreneurs who are transforming industries and creating lasting impact.
Learn more at:
https://www.mass-ventures.com/
About Raven Indigenous Capital Partners:
Raven is an impact-focussed venture capital fund investing in early-stage businesses led by Indigenous and Native Peoples. With $150M in assets under management and four offices across the United States and Canada, Raven’s mission is to improve the wellbeing of Indigenous entrepreneurs.
To learn more and apply for venture funding, visit Raven’s website: https://ravencapitalpartners.com/ or reach out to: Althea Wishloff, General Partner, info@ravencapitalpartners.com
Media Contact:
Joe Hastry
Co-Founder, Director of Finance & Operations
jhastry@florrent.com
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SOURCE florrent
Neighbors Helping Neighbors Event Benefits Seniors in Detroit
Key Points
- Valerie Norrell’s mother, who has multiple sclerosis, received help from Marathon Petroleum volunteers to clean up her yard, which had been neglected due to health issues in the family.
- The Neighbors Helping Neighbors event, organized by Marathon Petroleum’s Detroit refinery, involved 50 volunteers assisting seniors with yardwork, tree trimming and small repairs.
- The volunteers’ efforts transformed Norrell’s mother’s yard, and their dedication was greatly appreciated by the community.
Valerie Norrell said her mom becomes emotional every time she thinks about the volunteers from Marathon Petroleum who came to help clean up her yard during its annual day of service. Norrell said that her mother, who is 84 and has had multiple sclerosis since 1973, has lived in the same Colonial-style home near Marathon Petroleum’s Detroit refinery since Norrell was a child. Norrell and her husband used to take care of the yard until he started experiencing health issues last year.
“We physically couldn’t do it anymore,” said Norrell. “It was heartbreaking because my mom loves to look out the window to see her yard, and it was not being maintained. After a storm hit Michigan, it was even worse.”
For the sixth consecutive year, volunteers from the Detroit refinery hosted its Neighbors Helping Neighbors community service event. Employees volunteered their time to assist seniors living in the Boyton neighborhood near the refinery with yardwork, tree trimming and small repairs.
“This event allows us to get to know our neighbors and spend time helping them with yard projects they aren’t able to do on their own,” said Whitney Walton, Senior Security Specialist at the refinery and organizer of the Neighbors Helping Neighbors event.
Fifty employees, contractors, and co-ops from the Detroit refinery volunteered at 20 homes that were selected for assistance.
“They just went above and beyond to help in our community,” said Norrell. “They worked for hours, and now my mom’s huge yard looks like a park. I just really appreciate it.”
The Neighbors Helping Neighbors event takes place each summer to help get yards overgrown with grass, brush and fallen trees in shape for residents to be able to maintain it themselves.
INTRODUCING THIRD-GENERATION SOLAR: 1st Avenue Power Unveils the First Fully Integrated Clean Power System of the AI Era
Twice the energy. More reliable than the grid. Gigawatt-scale capacity in under a year.
LOS ANGELES, Sept. 8, 2025 /PRNewswire/ — In a defining moment for energy infrastructure, 1st Avenue Power (1AP) unveils a radical new clean power solution: a modular, rapidly deployable, fully integrated system engineered to meet the explosive energy demands of the AI era. As the grid buckles under the weight of modern computing, 1st Avenue Power introduces what the market has never seen: dispatchable, firm, cyber-secure, clean energy systems that can go live in months—not years—and scale to gigawatt capacity.
Hyperfirm™ Power: Dispatchable. Dense. Unmatched.
1st Avenue Power’s proprietary Hyperfirm™ system architecture combines solar generation, advanced storage, and AI-optimized controls into a single, integrated platform—delivering clean energy with greater reliability than the grid and unprecedented control. Through breakthroughs in solar deployment density and proprietary energy storage and power systems, Hyperfirm™ systems produce up to twice the usable energy per acre of traditional solar. This makes it the fastest, most cost-effective clean power solution on the market today.
Power systems pioneer Dr. Tom Buttgenbach launched 1st Avenue Power to do what no one else has: deliver dispatchable, firm, low-cost, cyber-secure power systems that can be deployed at speed. “Unlike any other generation technology, our industry is made up of specialized component manufacturers that are assembled on-site by construction companies,” said Buttgenbach, founder of 1st Avenue Capital and former CEO of Avantus and 8minute Solar. “We’re designing and building fully integrated systems. That’s how we get the system performance that the next generation of power infrastructure demands.”
Buttgenbach brings an unmatched track record through his leadership of 8minute Energy and Avantus: 30 GW of solar and 90 GWh of storage developed—enough to power 20 million U.S. homes day and night—over $10 billion in financing and power purchase agreements secured, and the first U.S. solar project to undercut fossil fuels on price. He led the development of the first gigawatt scale powerplant for a U.S.-based hyperscaler that commenced operation in June 2025.
See: www.1ap.com.
1st Avenue Power Fact Sheet
Founding Leadership Team
- Dr. Tom Buttgenbach, CEO – 30 GW solar + 90 GWh storage delivered; $10B+ in financing; built first U.S. solar project to beat fossil fuel costs; Ph.D. in Physics (Caltech).
- Kip Larson, CTO – Former CTO at Avantus and executive technology leader at AWS and Amazon with deep experience in AI and industrial controls..
- Drew Lowe, VP Operations – Former Apple, SiriusXM, and Disney operations executive with experience in multi-gigawatt data infrastructure.
- Dr. Finbar Sheehy, VP Technology – Former head of Technology at Avantus and industry expert, former AB Bernstein equities analyst.
- Greg McPheeters, VP Product Development – Product designer formerly with REC Solar and SnapNrack with experience in design and installation of complete turnkey solar electric systems.
- Alex Turek, VP Software Engineering – Software engineering leader at Avantus, Amazon, and Convoy; with deep experience in energy markets and software.
- Executive Advisors: Joe Inzerillo, Blair LaCorte, Jordan Greene.
Technology Innovations
- Hyperfirm™ Systems – Always-on, firm and dispatchable clean energy by integrating solar, advanced storage, and AI optimization.
- Gemini™ Architecture – Modular, high-density solar+storage power plants engineered for up to 2x firm energy output per acre, with full dispatchability.
- NatureMount™: Rapidly-deployable, terrain-following, solar array technology that enables double-density solar.
- Blackbird™ Power Systems – Solid-state, turnkey, modular systems designed for 100x higher reliability than conventional grid/thermal generation.
- AI-Driven Optimization – End-to-end predictive analytics for system efficiency, cost savings, and revenue optimization.
- Rapid Deployment – Gigawatt-scale projects rolled out in months, not years — more than 3x faster than conventional builds.
Company Overview
- Founded by: Dr. Tom Buttgenbach, power systems pioneer and founder and former CEO of Avantus/8minute Solar.
- Mission: We deliver rapidly deployable power systems that generate Hyperfirm™ and inexpensive clean power leveraging the abundance of solar to liberate energy-constrained businesses and communities around the world.
- Approach: Proprietary solar + storage architectures enhanced by AI-optimized software for reliable, dispatchable, low-cost, modular power.
Learn more: www.1ap.com
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SOURCE 1st Avenue Power
When Disaster Hits, So Do Scams — Stay Alert and Stay Protected
Natural disasters like wildfires, hurricanes, tornadoes and winter storms can bring visible danger and destruction – but don’t overlook the hidden threats that can follow these devastating events. Bad actors often take advantage of people’s tragedy, vulnerability and empathy, exploiting the chaos during and after disasters to target both those in need and those eager to help.
Scammers and fraudsters have a wide variety of tactics in their arsenal, like making deceptive calls, creating fake websites and sending malicious texts, emails and social media posts. Some will even go door-to-door impersonating government officials or disaster relief workers in an attempt to steal money meant for rebuilding lives, homes and communities.
Whether you live in a disaster-prone area or not, it’s a good idea to familiarize yourself with the types of scams and fraudulent activity that can occur. Here are the main ones to know:
- Contractor Fraud: Dishonest contractors demanding payment for repairs they never finish, inflating costs or delivering unsafe, poor-quality work.
- Insurance Scams: Scammers impersonating insurance agents or adjusters, offering fake policies, charging inflated premiums or collecting personal information to commit identity theft.
- Fake Offers of Aid: Criminals posing as government or relief agencies to trick people into sharing personal and financial information or paying fraudulent “application fees” — agencies like FEMA don’t charge to apply.
- Donation and Charity Scams: Bad actors posing as legitimate charities or relief organizations to steal money or personal information instead of helping disaster victims.
Awareness of these scams is key, but there are also simple steps you can take to protect yourself and avoid becoming a target:
- Be careful with unsolicited messages: If you receive unexpected calls, texts or emails asking for money or personal information, do not respond or click on links. Instead, hang up, delete the message and contact the organization directly through an official website or phone number.
- Approach door-to-door visits with caution: Always ask for official identification and verify credentials before allowing anyone inside your home. Legitimate FEMA inspectors and government workers will never demand cash, request sensitive financial information or pressure you into immediate payments.
- Monitor accounts and freeze credit: Regularly check your bank accounts and statements for unauthorized transactions and activity and freeze your credit reports with all three credit bureaus to protect against identity theft.
- Verify charities first: Research charities through trusted sources like Charity Navigator and donate directly to known organizations through their website.
- Stay informed: Watch and read credible news sourcesto stay up-to-date about the latest scams and official disaster relief efforts.
- Report scams and fraud: If you encounter suspicious activity — disaster-related or otherwise — file a complaint with the Federal Trade Commission (FTC) and notify the National Center for Disaster Fraud (NCDF).
In addition to taking these general precautions, look into tools your wireless provider offers to help block scammers and fraudsters. For example, T-Mobile and Metro by T-Mobile customers have Scam Shield, a benefit included in customers’ plans that automatically identifies possible scam calls at the network level and labels them as “Scam Likely” on your phone. Scam Block can be turned on to automatically block those calls by dialing #662# or through T-Mobile’s T-Life app. You can also forward suspicious text messages to 7726.
Scammers count on chaos and confusion to succeed, but with awareness and proactive steps, you can protect yourself, your loved ones and your community from becoming their next target. For more information on how to protect yourself, visit T-Mobile’s Privacy Center and the National Center for Disaster Fraud. And for more information on disaster preparedness, check out T-Mobile’s Emergency Response Hub.
Europe Underground Mining Equipment Market to Reach USD 8.9 Billion by 2032 – Credence Research
PUNE, India, Sept. 8, 2025 /PRNewswire/ — Market Outlook
The Europe Underground Mining Equipment Market is positioned for steady expansion, with projections indicating significant growth over the coming decade. According to Credence Research the market is anticipated to increase from USD 6.4 billion in 2023 to an estimated USD 8.9 Billion by 2032. This represents a compound annual growth rate (CAGR) of 3.72% from 2024 to 2032, signaling a period of sustained and positive development for the industry.
This consistent growth trajectory suggests a robust demand for underground mining equipment across Europe, likely driven by the need for essential metals and minerals. The forecasted expansion reflects continued investment in mining operations and the adoption of advanced equipment to enhance productivity, safety, and efficiency. This outlook points to a stable and evolving market where manufacturers and stakeholders can expect consistent opportunities and a favorable business environment throughout the forecast period.
Key Growth Determinants
Growing Demand for Metals and Minerals
One of the central drivers of growth in the Europe Underground Mining Equipment Market is the increasing demand for a wide range of metals and minerals across the continent. European economies depend heavily on mineral resources for critical industries such as automotive, manufacturing, construction, and renewable energy. The transition towards electric vehicles, expansion of infrastructure projects, and development of alternative energy sources (like wind and solar) are all boosting the need for key minerals such as copper, nickel, zinc, and lithium. As these sectors expand, mining companies are ramping up underground mining activities to extract these valuable resources, directly stimulating demand for advanced underground mining equipment.
Technological Advancements and Equipment Modernization
Another significant growth determinant is the rapid technological progress in mining equipment. European mining operators are increasingly adopting next-generation machinery featuring automation, digital monitoring, AI-driven analytics, and equipment electrification. These innovations offer substantial benefits, including increased operational efficiency, enhanced worker safety, cost reductions, and improved productivity. The push to automate underground mining processes—such as drilling, loading, and haulage—reduces manual labor risks and supports the industry’s safety objectives. With equipment manufacturers investing in smarter, cleaner, and more reliable solutions, mining operators are motivated to upgrade or replace older fleets, thus driving steady market growth.
Environmental Regulations and the Shift towards Sustainable Mining
Europe leads globally in environmental stewardship, with stringent regulations targeting emissions, mine safety, and sustainable resource extraction. The underground mining sector is under mounting pressure to minimize its ecological footprint, comply with tough EU regulations, and achieve climate-related targets. This has resulted in a growing preference for energy-efficient, low-emission, and electrically powered mining equipment. Mining companies are investing in greener technologies to reduce diesel consumption, lower greenhouse gas emissions, and enhance their social license to operate. The convergence of regulatory pressure and corporate sustainability commitments is accelerating the adoption of environmentally friendly underground mining equipment, becoming a key growth catalyst for the market.
Tailor the report to align with your specific business needs and gain targeted insights. Request – https://www.credenceresearch.com/report/europe-underground-mining-equipment-market
Key Trends
Electrification of Mining Fleets
A prominent trend is the move towards electrifying underground mining machinery. There is a notable rise in the deployment of battery-electric vehicles (BEVs) as mining companies aim to reduce their carbon footprint, adhere to strict emissions regulations, and lower operational expenses related to ventilation and equipment maintenance.
Automation and Digitalization
The adoption of automation, remote-control systems, and digitalization is transforming the European market. These technologies enhance worker safety by minimizing human presence in hazardous underground environments, while simultaneously boosting operational efficiency and productivity. The integration of the Internet of Things (IoT) and data analytics is also revolutionizing practices such as predictive maintenance, which helps anticipate equipment failures and reduce downtime.
Surging Demand for Critical Raw Materials
The market is strongly influenced by the increasing demand for critical raw materials essential for battery production and the renewable energy sector. The European Union’s strategic goal to source a larger share of these materials domestically is spurring investment in new mining projects and the specialized equipment required to extract minerals like copper, lithium, and nickel.
Development of Specialized and Compact Equipment
There is a growing emphasis on creating compact and specialized equipment designed for the unique conditions of European mines, which are often smaller and feature narrower veins compared to mines in other regions. This includes the development of advanced narrow-vein underground drills and other machinery optimized for efficiency in confined spaces.
Key Growth Barriers
High Capital Investment and Operating Costs
A primary obstacle to market growth is the substantial capital investment required to purchase and maintain advanced underground mining equipment. The initial cost for machinery such as drills, loaders, and trucks can be prohibitively expensive, particularly for small and medium-sized mining enterprises. For example, the price for a single piece of underground mining equipment can range from USD 500,000 to USD 1.5 million.
Beyond the initial purchase, operating and maintenance costs for fuel, electricity, labor, and repairs are also significant, affecting overall profitability and deterring investment in fleet modernization. These high costs can create a significant barrier to entry and slow the adoption of newer, more efficient technologies.
Stringent Regulations and Permitting Delays
The European mining industry is subject to some of the world’s most stringent environmental and safety regulations. While these standards drive the adoption of cleaner technologies, they also create complex and often lengthy permitting processes that can significantly delay mining projects.
Environmental permitting complexities are a major cause of project delays, with mine development timelines often extending beyond 16 years due to regulatory procedures. These delays in project approval can cause mining companies to postpone capital investments in new equipment until they have greater regulatory certainty, leading to cyclical demand and impacting market growth.
Infrastructure and Power Grid Constraints
The transition to battery-electric equipment, a key market trend, is hampered by inadequate infrastructure at many remote mining sites. The adoption of electric machinery requires substantial investment in charging infrastructure and a reliable power supply. However, many remote European mining locations face power grid limitations and congestion, with connection delays sometimes stretching for years. These grid constraints can force mining operators to delay full-scale electrification, maintain less efficient hybrid fleets, and limit the growth potential for the battery-electric equipment sector.
Key Market Opportunities
Strategic Push for Critical Raw Materials
A major opportunity stems from the European Union’s strategic focus on achieving self-sufficiency in critical raw materials. The EU’s Critical Raw Materials Act is designed to bolster domestic supply chains for minerals essential for the green and digital transitions, such as lithium, cobalt, and rare earth elements. This initiative is expected to drive substantial investment in new and existing mining projects across the continent. For instance, the EU aims to source 10% of its strategic raw materials domestically by 2030, creating sustained demand for specialized extraction and processing equipment. Projects like Finland’s Keliber lithium project, backed by significant financing, exemplify the large-scale procurement of mining equipment on the horizon.
Transition to Electric and Automated Equipment
The industry-wide shift towards electrification and automation presents a significant growth opportunity. European mining companies are increasingly adopting battery-electric vehicles (BEVs) and automated machinery to reduce emissions, improve worker safety, and lower operating costs. There has been a notable increase in the deployment of BEVs in European underground mines, a trend driven by both regulatory pressure and the operational benefits of electric equipment, such as reduced ventilation needs. This creates a strong market for manufacturers offering advanced, low-emission, and autonomous solutions. Large-scale partnerships, such as one major manufacturer’s recent deal to supply a large number of zero-emission autonomous trucks, underscore the massive scale of this opportunity.
Regional Analysis
Western Europe
Western Europe represents the largest and most mature segment of the European mining equipment market, accounting for over 40% of the total market share in 2024. Germany is a key leader in this region, with significant demand for advanced mining machinery. The market in Western Europe is characterized by a strong focus on automation, digitalization, and the adoption of environmentally friendly technologies. The presence of established mining operations and a push for modernization drive consistent demand for equipment replacement and upgrades. Furthermore, the growth of rental services is particularly prominent in this region, making advanced equipment more accessible to a broader range of operators.
Northern Europe
Northern Europe, particularly the Nordic countries of Finland and Sweden, is a critical hub for the mining of essential metals and minerals. This region is at the forefront of adopting battery-electric and automated equipment, driven by a combination of stringent environmental regulations and a need to offset skilled labor shortages. The demand for critical raw materials, such as copper and lithium, to support the EU’s green transition is a major growth driver in this area. For example, a copper project in Finland with a significant inferred resource highlights the scale of investment and the corresponding need for specialized metal mining equipment. The UK market is also expected to experience significant growth in the coming years.
Credence Research’s Competitive Landscape Analysis
According to Credence Research’s analysis, the competitive landscape of the Europe underground mining equipment market is characterized by a strong push towards innovation and sustainability, driven by the region’s increasing demand for industrial minerals and strict environmental regulations. The market is largely dominated by key players in countries such as Germany, Russia, and Poland, which are major centers for mining operations. The competitive dynamic is heavily influenced by the strategic shift towards eco-friendly, low-emission, and energy-efficient machinery to align with European standards. While Credence Research highlights these market forces, the landscape is populated by major global manufacturers including Caterpillar Inc., Sandvik AB, Epiroc AB, and Komatsu Ltd., who compete by offering technologically advanced, safe, and productive equipment tailored to the needs of the European mining sector.
Tailor the report to align with your specific business needs and gain targeted insights. Request – https://www.credenceresearch.com/report/europe-underground-mining-equipment-market
Segments
Based on Product Type
- Mining Loaders
- Mining Trucks
- Mining Drills
- Mining Bolters
- Mining Shearer
Based on Mining Technique
- Soft Rock Mining
- Hard Rock Mining
Based on End User
- Mining Operators
- Rental Service Providers
Based on Region
- Southern Europe
- Northern Europe
- Western Europe
- Eastern Europe
Key Player Analysis
- Caterpillar Inc.
- Sandvik AB
- Epiroc AB
- Komatsu Ltd.
- Volvo Construction Equipment
- Liebherr Group
Recent Industry Developments
- April 2025: Liebherr presented more than 100 exhibits at Bauma 2025, highlighting the battery-electric T 264 autonomous mining truck and the R 9400 E electric excavator, both designed for zero emissions. The company stressed digitalization with autonomous systems and intelligent assistance, working with Fortescue to deliver emissions-free mining equipment.
- March 2025: The European Commission selected 47 Strategic Projects under the Critical Raw Materials Act, requiring EUR 22.5 billion investment across 13 EU states. These include 25 extraction, 24 processing, 10 recycling, and 2 substitution projects, targeting lithium, nickel, cobalt, manganese, and graphite for the EU battery supply chain.
- January 2025: Epiroc and ABB signed a Memorandum of Understanding to develop underground trolley equipment. The partnership focuses on electrification to raise productivity and meet decarbonization targets, expanding on successes in Swedish mines. A survey shows 76% of global mining firms see benefits in vehicle electrification.
- December 2024: Sandvik Mining and Rock Solutions upgraded the DD210 narrow vein underground drill rig. The new drill performance package allows face drilling, cross-cutting, bolting, and other operations in restricted underground spaces.
- May 2024: Epiroc acquired the remaining shares of ASI Mining, after holding 34% since 2018. This strengthens Epiroc’s advanced automation technologies to boost safety and productivity across mining operations, expanding its position in Europe.
- September 2023: Paus GmbH launched the UNI 50-3 FW underground firefighting vehicle. Built on the UNI 50-3 chassis, it features advanced fire suppression, a large water tank, and foam-mixing pumps for confined underground fires, addressing one of the EU mining sector’s major safety challenges.
- January 2023: Normet Group acquired Finnish boom system maker Rambooms and hydraulic attachment supplier Marakon. The acquisition supports Normet’s innovation and marketing goals, expanding underground and surface mining machinery and increasing revenue potential in Europe.
Reasons to Purchase this Report:
- Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion).
- Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region.
- Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years.
- Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning.
- Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions.
- Benefit from Porter’s Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics.
- Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years.
Tailor the report to align with your specific business needs and gain targeted insights. Request – https://www.credenceresearch.com/report/europe-underground-mining-equipment-market
Discover additional reports tailored to your industry needs –
Global Underground Mining Equipment Market – https://www.credenceresearch.com/report/underground-mining-equipment-market
Australia Underground Mining Equipment Market – https://www.credenceresearch.com/report/australia-underground-mining-equipment-market
DACH (Germany, Austria, and Switzerland) Underground Mining Equipment Market – https://www.credenceresearch.com/report/dach-germany-austria-and-switzerland-underground-mining-equipment-market
UK Underground Mining Equipment Market – https://www.credenceresearch.com/report/uk-underground-mining-equipment-market
North America Underground Mining Equipment Market – https://www.credenceresearch.com/report/north-america-underground-mining-equipment-market
Middle East and Africa Underground Mining Equipment Market – https://www.credenceresearch.com/report/middle-east-and-africa-underground-mining-equipment-market
India Underground Mining Equipment Market – https://www.credenceresearch.com/report/india-underground-mining-equipment-market
U.S. Underground Mining Equipment Market – https://www.credenceresearch.com/report/us-underground-mining-equipment-market
Benelux Underground Mining Equipment Market – https://www.credenceresearch.com/report/benelux-underground-mining-equipment-market
Asia Pacific Underground Mining Equipment Market – https://www.credenceresearch.com/report/asia-pacific-underground-mining-equipment-market
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Cascale Hosts “Higg FSLM: Meet the Experts” Member Webinar
On September 3, Cascale welcomed more than 50 brand & retailer members and stakeholders to an exclusive Q&A webinar, Higg FSLM: Meet the Experts. The session offered a unique opportunity for members to engage directly with the experts behind the Higg Facility Social & Labor Module (Higg FSLM), part of the Higg Index suite of tools. The Higg Index — owned and developed by Cascale, and exclusively available on Worldly — helps brands, retailers, and manufacturers understand and improve performance across environmental and social impact areas, and the Higg FSLM specifically focuses on measuring and improving social and labor conditions in global supply chains.
The webinar was hosted by Hamza Habib Hasan, senior membership engagement manager for brand & retailer membership at Cascale, and featured presentations from:
- Orine Dsouza, senior manager, Higg Facility Tools, Cascale
- Laura Jans, customer growth manager, SLCP
- Camille Stripoli, stakeholder engagement & partnerships manager, SLCP
- Leah Jaggars, senior manager, customer education, Worldly
Together, they explained how the Higg FSLM is powered by a tripartite collaboration:
- SLCP develops and maintains the Converged Assessment Framework (CAF), the foundation of the Higg FSLM, to collect and verify social and labor data with the goal of reducing audit fatigue.
- Cascale integrates the CAF into the Higg FSLM, providing the scoring methodology and benchmarking tools that drive continuous improvement.
- Worldly hosts the technology platform that makes it possible to complete the Higg FSLM and enables supply chain collaboration.
Experts shared how the Higg FSLM’s standardized scoring methodologies support facilities and brands to identify and prioritize risk more effectively. Dsouza also highlighted how tool developments are accelerated through the work of Cascale’s Member Expert Teams (METs) and Strategic Councils — governance bodies that bring together member perspectives to ensure industry alignment and practical usability of the tools.
This was followed by a deep dive into the SLCP CAF, which emphasized SLCP’s ongoing commitment to aligning the framework with human rights due diligence (HRDD) requirements. Members also heard updates on data availability, with CAF now accessible in 122 countries and regions, and were directed to key resources from all three organizations to support adoption and use.
The event concluded with a candid Q&A session, where members clarified the methodology, gained a deeper understanding of the scoring system, and shared feedback with the organizations leading this work.
This webinar reflects Cascale’s ongoing commitment to support members with opportunities to connect directly with experts, gain clarity on industry-leading tools like the Higg FSLM, and share feedback that helps shape future developments. By creating spaces for education and dialogue, Cascale strengthens member capacity to adopt solutions that reduce duplication, improve data quality, and accelerate progress on social and labor priorities.
Cascale members may access the session recording and summary on Cascale Connect here.
