Latest News
Stay updated with the latest developments and milestones from Plug Group
Billionaire investor Robert Friedland highlights critical copper shortage
Mining entrepreneur Robert Friedland warns that the world must mine as much copper in the next 18 years as it has in the last 10,000 years combined—just to maintain current economic growth, before accounting for electrification and the energy transition.
Read More →PLUG Group signs worldwide license agreement with technology partner
PLUG Group has a copper cable extraction contract with Telefonica Brazil and is in the process of finalising its second contract with V.tal in Brazil. The two networks have over $300 million in decommissioned copper cables they need extracted.
PLUG Group completes prototype of new tensioning cylinder
PLUG Group completes prototype of new tensioning cylinder to enable large cables that are stuck in collapsed ducts to be extracted.
LDG secures private funding
LDG secures private funding to further develop its technologies and enable the delivery of new opportunities in Europe and South America.
LDG completes field test of tensioning cylinder with PLUG in Brazil
LDG completes field test of tensioning cylinder with PLUG in Brazil and successfully releases 14 tonnes of stuck cable that previously could not be extracted.
LDG successfully conducts field test of x-ray technology
LDG successfully conducts field test of x-ray technology to help European carrier to identify decommissioned cables for fibre replacement.
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