‘CREATE’ LAW PUSHES DMCI’S EARNINGS HIGHER

Diversified engineering conglomerate DMCI Holdings Inc. booked a record-high core net income in 2021 despite the pandemic, as it continued to benefit from a lower income tax under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law.

In a statement, DMCI Holdings said its full-year core net income surged by 164 percent to PHP17.4 billion last year from PHP6.6 billion in 2020.

Including a nonrecurring income of P1 billion in 2021 mostly from deferred tax remeasurement under CREATE law and nonrecurring loss of PHP708 million mainly from sales cancellations for a real estate project in 2020.

The company also saw its net income surge by 214 percent from PHP5.9 billion to PHP18.4 billion, including a nonrecurring income of PHP1 billion in 2021 mostly from deferred tax remeasurement under CREATE law and nonrecurring loss of PHP708 million mainly from sales cancellations for a real estate project in 2020.

President Rodrigo Duterte signed into law on March 26, 2021 the CREATE Act to attract more investments and maintain fiscal prudence and stability in the Philippines.

Republic Act 11534 or the CREATE Act introduces reforms to the corporate income tax and incentives systems.

DMCI Holdings also attributed last year’s spectacular growth to surging commodity prices, recovering electricity rates, and higher construction accomplishments.

“This year, we expect extreme volatility in coal and nickel prices because of the ongoing crisis in Ukraine, economic sanctions on Russian and possible policy interventions of China and Indonesia,” DMCI Holdings chairman and president Isidro Consunji said.

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products – so called Scope 3 – by 2030. This is industry leading and well above SBTi’s minimum requirements. The transition from diesel-powered to battery-electric machines will make a significant impact.

In addition, Epiroc’s 2030 sustainability goals also include halving CO2 emissions from transport, requiring 50% reductions of CO2 emissions from relevant suppliers, having 90% renewable energy in own operations, and offering a full range of emissions-free products, as well as ambitious targets for people. In addition to providing a growing range of battery-electric products, Epiroc’s climate actions include, among others, shifting transport from air to sea, and installing solar panels at many of its facilities.

The SBTi - a partnership among the Carbon Disclosure Project, the UN Global Compact, the World Resources Institute and the World Wide Fund for Nature – is driving ambitious, sciencebacked climate action in the private sector.

Epiroc presents 6th Sense, a game changer for smarter mining and infrastructure operations

There is a growing need for the mining and infrastructure industries to look to digital technologies to enhance productivity, sustainability and safety. 6th Sense is the Epiroc way to optimize customers’ processes by connecting machines, systems and people using automation, information management and system integration. With 6th Sense comes a great focus on system connectivity, using interoperability to unlock the full potential of automation for production gains at lower operating costs.

“6th Sense is a formula we have developed for getting the right solutions in place and achieving operational excellence in mining and infrastructure operations,” said Helena Hedblom, Senior Executive Vice President Mining and Infrastructure. “The name 6th Sense implies that the solution brings something extra and that is just what it does, providing a significant advantage such as track and respond to real-time working conditions and equipment needs.”

One example of Epiroc’s focus on automated and productivityenhancing solutions comes from the Hollinger mine in Timmins, Canada. Together with long-term partner Newmont Goldcorp, Epiroc has put the world’s first fully autonomous SmartROC D65 surface drill rig in production. The operator can be positioned remotely and perform other tasks while the drill rig completes a full drill pattern autonomously. Besides increased operator safety, this boosts productivity thanks to Global Navigation Satellite System accuracy, non-stop operations and less wear and tear on drilling tools, reducing production costs and improving reliability.

Another example is the new Teleremote e-tramming option for Epiroc’s popular range of Simba long-hole underground drill rigs. The automation package includes functionalities to monitor, plan and automate drilling operations from onboard the rig or from a remote location. Not only is the tramming process faster and simpler, the e-tramming function also provides a safer work environment and reduces variability in performance.

“The 6th Sense approach is based on our customers’ needs for implementing digitalization, automation and new process integrations. We are continuously rolling out new innovative features, always with the customers’ needs in mind,” says Helena Hedblom, President

How to automate sampling, analysis of ores, mine materials

Accurate chemical analysis can provide vital data to enhance mining operations, such as improved extraction at mine sites and the optimized blending of mined material.

However, sending samples to remote laboratories can cause delays ranging from hours to days. In addition, manually collected samples may not be representative of the bulk material. Automating this process and bringing the laboratory to the samples increases productivity. This can be done by adopting an automatic on-belt sampling solution.

An Introduction to Automated On-Belt Sampling and Analysis

Automatic on-belt sampling solutions provide instant chemical analysis of bulk mined material, such as coal, aluminum (Al), titanium (Ti), iron (Fe), manganese (Mn), nickel (Ni), and copper (Cu) ores. For instance, our on-belt sampling solution integrates the powerful Vanta™ in-line XRF analyzer to provide a fast, automated, and accurate analysis: • Real-time chemical analysis of mining feed material on belt • Excellent sensitivity to trace elements • Quantification of up to 30elements in one measurement • Detection down to 1 ppm for key elements • Analysis of light elements, including magnesium (Mg), aluminum (Al), silicon (Si), and sulfur (S)

3-Step Process for Automated On- Belt Analysis

To help you understand how automated on-belt analysis works, here is the process in three simple steps:

1. Collect

Samples are collected from the belt automatically using a cross-belt sampler, without the need to stop or slow the belt. The system can be designed to meet relevant sampling and preparation standards, including ISO 12743, ISO 13909, ASTM E877, and ASTM D7430.

Key Benefits of Automated On-Belt Analysis for Mining Operations

Vanta™ iX In-Line XRF Analyzer

2. Prepare

The collected samples are crushed to the required size. The moisture content is measured and recorded to remove measurement bias. The samples are pressed and ready for chemical analysis using X-ray fluorescence (XRF). The entire preparation process is automatically controlled and monitor. Automated on-belt analysis has many benefits for mining operations, including: • Fully automated and continuous to maintain high productivity • Can be seamlessly integrated into existing plants • No radioactive material used unlike alternative methods • High-quality results from direct sample analysis compared to methods that perform through-belt measurements • Real-time laboratory-quality measurements • Modular design for ease of maintenance For more information and queries kindly reach us,

Traders Industrial Supply

Co., Inc. Email: 1980trisco@ gmail.com Contact (+632) 8817-9004/ 09175818704

3. Analyze

The prepared samples are analyzed using the Vanta iX in-line XRF analyzer. The data collection and analysis are fully automated. After analysis, the results can be seamless integrated into a plant workflow and data management system. This enables the right person to have the right data at the right time.