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Imdex looking at technologies

MINING technology developer Imdex has entered into an option agreement to buy New Zealand vibration and magnetic field assisted technologies Flexidrill for NZ$40 (A$36. 5) million.

Noel Dyson
Imdex is looking to pick up New Zealand drill technology maker Flexidrill.

Imdex is looking to pick up New Zealand drill technology maker Flexidrill.

Flexidrill has developed the Corevibe and Maghammer – two products Imdex believes can be commercialised in the near term. The option agreement is structured to give Imdex a period of exclusivity to further...

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