Honeywell, ERG to collaborate on mine efficiencies

NYSE-listed Honeywell and Eurasian Resources Group (ERG) have signed a memorandum of understanding (MoU) to develop innovative technologies that will increase productivity at ERG’s operations in Kazakhstan, Brazil and several African countries.

Under the terms of the MoU, Honeywell will initially implement its Symphonite statistical data reconciliation software to help ERG with its reporting process of production and inventory information.