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Imdex options NZ tech

MINING technology business Imdex has inked an option agreement to acquire two New Zealand-based companies, Flexidrill and Flexidrill Construction, that have developed innovative drilling productivity technologies: CoreVIBE and MagHAMMER.

Haydn Black
Imdex options NZ tech

The patented technologies, which were said to be unique and ready to be commercialised, are based around vibration and magnetic-field assisted drilling. Imdex said the methods could increase the productivity,...

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