Sentences with phrase «mining conglomerate»
A "mining conglomerate" refers to a large company or group that operates in the mining industry. It is a combination of multiple mining-related businesses that work together under one entity to extract and process minerals from the earth. Full definition
The company is the world's largest mining conglomerate.
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Schulich notes that Mick Davis, the former head of mining conglomerate Xstrata PLC, deployed a similar system to great success.
Acting for a company in the CIS in claims against an international metals and mining conglomerate for breach of contract and economic torts in relation to the operation of a mining complex in the CIS.
The potential deal shows that Ferromex's parent, Mexican mining conglomerate Grupo Mexico (GMEXICOB.MX), is now seeking to apply its railroad operating expertise to foreign assets after dominating the railway freight sector in Mexico.
On Wednesday Rio Tinto, one of the world's biggest mining conglomerates, embraced a shareholder resolution on climate change.
Wu, who is a co-founder of mining conglomerate Bitmain, had said that the technology would make the network «more complicated.»
Acting for a company in the CIS in claims against an international metals and mining conglomerate for breach of contract and economic torts under the law of the CIS state in relation to the operation of a mining complex in the CIS.
So, while these ASICs are insanely efficient miners, they've also helped to consolidate hash power in the hands of a few large mining conglomerates that can afford to buy and run thousands of ASICs at once.
Vertcoin is specifically designed to be decentralized, with mining kept in the hands of its users rather than mining conglomerates.