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Three-Circle seeks to raise up to $1 billion in Hong Kong listing, sources say
Testing and developing forestry tech in Norway
Andreas Råheim and his son Mikael run a business in Norway that’s helping test and develop forestry technology. They are using drones, satellite positioning and remote monitoring in tandem with equipment engineered with the latest automation and communication technology. Though it’s something Andreas could barely have imagined as a child, he has embraced it as a business owner. Source: Timberbiz “Using new technology is a big part of success,” he said. “It makes you work safer, more efficiently, and more securely, putting you at the forefront.” The logging practices Andreas observed as a child have evolved far beyond horses and tractors as foresters like him have sought ways to grow their business while adapting to environmental concerns and tight labour markets. Andreas and Mikael embody the dramatic changes in forestry operations taking place in their lifetimes. Their company, Valdres Skog, is north of Oslo in the region of Østlandet and employs 20 people, including two apprentices. Using five Komatsu harvesters and five loaders, they harvest about 130,000 cubic meters (170,034 yd3) annually for more than 250 forest operations. They made their first technology leap in 2015, after learning about Komatsu’s MaxiFleet system (now called Smart Forestry) at a trade show in Sweden. It was the first fleet management system of its kind: a web-based suite of tools enabling foresters to remotely visualize information from each machine’s control system. It meant that production could be monitored at the office — a huge development for an industry that often functions in remote, hard-to-reach areas. When the Valdres Skog machines were retrofitted to use the new technology, it was the start of a long partnership. The Råheims helped Komatsu understand how their new solutions worked in the field and how they could be improved even further. When Mikael enrolled at the Norwegian University of Life Sciences, which specializes in agriculture, environmental sciences and natural resource management, he had additional exposure to technologies Komatsu would later introduce to the market. The suite of solutions now known as Smart Forestry kept evolving, adding functions that helped Valdres Skog automate administrative tasks, receive remote training and support, use drones to collect data, share information among locations and machines and more. The most recent new offering Valdres Skog helped test, Smart Forestry Precision, uses the latest satellite positioning technology to determine a machine’s position within a margin of error of just a few centimeters. “Precision’s Geofencing has allowed us to increase efficiency and avoid errors, especially when it comes to environmental considerations,” Mikael said. “I can’t imagine working without Precision now.” Technology makes it possible to selectively harvest, plant diverse species, and work in a way that causes less disturbance to the forest ecosystem. Valdres Skog is investing in equipment for thinning as a way to future-proof the forest by making it more resilient to storms and disease. “If you take care of the forest, it stays healthy and binds carbon dioxide, and you can also extract the important forest raw material that adds great value by replacing fossil materials in many cases,” Andreas said.
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Wood use in Finland is driven now by industry
Increased wood consumption in Finland is now primarily driven by industry, where demand for wood-based products continues to rise. Finland remains one of Europe’s largest exporters of forest products, and the sector plays a crucial role in the national economy. Source: Luonnonvarakeskus, photo: Creative Commons Lic. Credit: Vargazs Finland’s forest sector is undergoing a clear transformation. In 2025, the use of directly harvested wood for energy declined, even as total wood consumption increased. This is shown by preliminary data from the Natural Resources Institute Finland. Firewood, long a central part of energy use in many households, particularly during winter months, saw reduced consumption over the year. The development marks a shift in a country where bioenergy has traditionally held a strong position. Many Finnish households still rely on firewood for heating, especially in detached homes and rural areas. Despite this, the volume of wood taken directly from forests for energy use declined in 2025. There are two main reasons for the decrease. On the one hand, demand for firewood has weakened. On the other hand, alternative uses for wood — particularly in industry — have gained importance. At the same time, total wood use increased compared with the previous year. This suggests that a larger share of raw material is now directed towards industrial processing rather than being burned directly. In earlier reports, it was pointed out that the forest industry is increasingly shifting towards higher value-added products, such as pulp, paper and wood-based bioproducts. This development reduces the incentive to use raw wood for simple energy production. The decline in firewood consumption is occurring alongside broader changes in Finland’s energy system. Alternative heating solutions, including district heating and electricity-based systems, have become more widespread. At the same time, questions remain regarding the role of bioenergy. Firewood and other biomass are often considered part of the energy mix, but critics argue that direct combustion of wood leads to resource inefficiencies compared to industrial use. The developments in 2025 indicate that the balance between energy use and material use of forest resources is being reassessed in Finland.
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Six new attachments for your Cat
Caterpillar has produced six new attachments to increase application flexibility of its next generation skid steer loader (SSL) and compact track loader (CTL), mini hydraulic excavators and certain backhoe loader models. Source: Timberbiz Built rugged to deliver reliable performance in the field, these new attachments are purpose-designed to optimize the performance advantages offered by next generation machines when completing land reclamation, grading, construction, demolition, agriculture, snow removal, trenching and other applications. Versatile buckets New Cat HD MP buckets help to optimize SSL and CTL versatility when digging, dozing, clamping, scraping, back dragging, grading and leveling. Designed specifically for next generation Cat 250 – 285 models, eight different bucket options offer widths ranging from 1883 to 2340 mm (74 to 92 in) and capacities of 0,53 to 0,68 m3 (0.7 to 0.88 yd3). These new HD MP buckets deliver up to 21% higher capacity versus similar standard MP buckets. With their serrated clam and dozer edges, these new buckets provide better material clamping retention. Reinforced side plates enhance bucket longevity and performance in demanding digging conditions, and bolt-on replaceable cutting edges offer edge protection, enhance structural strength and prolong bucket life. Serrated steps help to ensure the operator’s safety when entering/exiting the cab. Ideal for land management Designed for larger Cat 270 to 285 XE models equipped with rear auxiliary hydraulics, the new Cat Retrieval Winch allows operators to self-retrieve or recover a stuck machine due to challenging terrain or adverse underfoot conditions. Featuring an industrial planetary gear and hydraulic winch motor, this new winch offers a rated line pull of 8165 kgf (18,000 lbf). The design minimally impedes rear camera view to give operators maximum visibility to machine clearances and recovery operations. With its quick-disconnect hose design, the retrieval winch integrates into the advance joystick controls for dedicated hydraulic power-in/power-out operation. Its recessed roller fairlead design provides superior protection from damage, while permanently lubricated bronze bushings offer long roller life and smooth winch rope retrieval. Featuring a swing-away winch frame design, service techs maintain full-service access to the engine bay with simple removal of the retention-pin. Efficient ripping/scarifying Designed for use with Cat CTLs with rear auxiliary hydraulics, the new Cat Ripper/Scarifier breaks up, loosens or conditions the surface layer of compacted soil. It is ideal for scarifying tree roots, fields and small to medium rocks, and, when paired with the Cat Smart Dozer Blade and Cat Smart Grader Blade, it enhances grading in construction applications. Integrated with advanced joystick controls, it features dedicated operational control. Proven tough, the removeable and replaceable shanks and teeth are the same design as those used on Cat motor graders, and its multi-shank design allows the operator to select the number of shanks necessary for the application. The ripper/scarifier’s unique parallelogram linkage design allows shanks and teeth to rotate inward when raised to maximize machine departure angle. When lowered, it enables full-service access to the engine bay for daily maintenance tasks. Maximizing excavator utilization Our innovative next generation mini excavators made significant performance and serviceability advancements with groundbreaking designs, technology integration and an elevated operator experience. These new mulcher, grading beam and tilting bucket attachments, specifically designed to meet customer needs, offer more solutions to enhance productivity and utilization, so customers can do more jobs with one machine. High-performance mulching New Cat Bite-Limiter Mulchers for 6- to 10-tonne Cat mini excavators deliver high-performance cutting and mulching of vegetation, saplings and undergrowth from overgrown agricultural and forested terrain. With ribs on the rotor limiting material penetration of the chisel teeth to prevent stalling, the new mulcher quickly reduces trees and shrubs into mulched material, making it ideal for environmental maintenance and land reclamation. Smaller bits provide a finer finish product for fast decomposition. An integrated thumb bracket allows the operator to pull or push material into position for mulching or to move it away from the mulching area. With a gauge included to ensure correct sharpening, the chisel teeth deliver a consistent cut and finished product. The design features a variable displacement piston motor that provides high torque at low speed to power through tough material with reduced risk of stalling and automatically switches displacement to high speed once the material is cleared. Precise grading Designed for use with 5- to 10-tonne Cat mini excavators, the new tilt rotate system (TRS) Cat Grading Beams deliver precise grading and leveling capabilities, especially for 2D and 3D applications when used with TRS6 and TRS8 attachments. Available 1500 mm (59.5 in) and 2000 mm (78.7 in) widths allow these grading beams to offer efficient, high-performance grading with 360˚ of rotation and up to 40˚ angling capability. TRS vibration combines with machine down pressure to effectively compact material for a quality surface finish. Enabling clean leveling and grading at the jobsite, fixed in-line grading beams easily collect, transport and spread materials, and spill guards positioned on top of the in-line wings provide added control over material movement. Depth of the heavy-duty roller and scraper assembly is variable via side bearings for added versatility, and the heavy-duty scraper cleans the roller drum in both forward and reverse direction to prevent silt, clay, mud and other materials from sticking to the roller bar. When performing material compaction, the roller can be used in both forward and reverse directions. Ditch cleaning buckets New pin-on Cat Tilting Ditch Cleaning buckets feature tilting angle flexibility for digging trenches, slopes and other applications where up to 45˚ digging angles are required. With widths and capacities ranging from 1200 to 1500 mm (48 to 60 in) and 360 to 460 L (12.9 to 16.4 ft3) respectively, bucket designs are available for next generation 307.5, 308, 309 and 310 mini excavators as well as center-pivot and side shift backhoe loaders. A two-cylinder bucket design creates equal left/right tilt speed and equal hold force. The horizontally positioned two tilt cylinders are connected to one auxiliary for precise, synchronized movement of both cylinders. Their modular bracket design limits loss of breakout and digging forces, and the bracket connection features […]
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Hyne Community Trust put through the hoops
Eligible community organisations are encouraged to consider how the Hyne Community Trust can support them to deliver lasting benefits to the Tumbarumba region. Source: Timberbiz An example of a recently successful project is the Tumbarumba Sports Academy and its new basketball hoops. Hyne Community Trust Director, Janet Anderson said this is the second grant the Tumbarumba Sports Academy has received as the facility goes from strength to strength. “The provision of good quality sports and recreational opportunities for the Tumbarumba region enables health and fitness in a fun, social and affordable way for all ages. “The funds to fit out the sports hall with new basketball hoops has further improved the range of quality sporting opportunities for the community. “This comes after the Trust previously helped to fund the transformation of the mezzanine level into a safe Youth Precinct which is now fully operational and complete with security cameras in both the sports hall and adjacent dance hall.” Ms Anderson said. Tumbarumba’s community groups are reminded the Hyne Community Trust will open for applications on 1 June and close 30 June 2026. Community groups considering applying for a Hyne Community Trust grant should start reviewing the 2026 guidelines available here: https://www.hyne.com.au/about/community Projects must be valued at more than $10,000 and demonstrate how they will provide lasting benefits for the community in order to meet the criteria. The Hyne Community Trust was established in 2007 and has provided almost $1 million to the Tumbarumba region to date.
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The New Zealand Timber Design Awards are back
Now entering their 51st year in 2026, these prestigious awards celebrate the best in timber design and construction and provide a national platform to recognise outstanding achievement in the use of timber across the built environment. Source: Timberbiz Proudly hosted by Timber Unlimited, the awards recognise the businesses, people, and teams who are at the forefront of the timber revolution, using timber to deliver beautiful, high-performance, low-carbon, exemplary projects from large-scale commercial and public buildings through to residential, interior and innovation-focused work. For the first time, the Simpson Strong-Tie People’s Choice Award will be decided live on the night by guests at the gala event and online voters. This new format puts the spotlight firmly on the audience, giving everyone a chance to help crown one of the 2026 NZ Timber Design Awards winners in real time. The gala will be held on 6 June 2026 in Auckland. More details about how you can vote for your favourite finalist will be shared closer to the night. Buy tickets https://twelve.eventsair.com/tda2026/tickets/Site/Register More info https://timberunlimited.co.nz/get-involved/timber-design-awards
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Apprenticeships stack up for timber and hardware workers
For timber and hardware merchants investing in their people, new figures from the Housing Industry Association (HIA) highlight a simple reality that apprenticeships deliver real financial benefits from day one. Source: Timberbiz Unlike university pathways, apprentices and trainees earn while they learn. That means a steady income from the outset, often supported by fee-free TAFE, and no HECS-style debt hanging over them at the end of their training. The numbers tell the story. While a university student can face annual study costs of around $17,000, a carpentry apprentice can earn between $39,000 and $42,000 by their second year. Over a typical three- to four-year training period, that creates a financial gap of at least $50,000 in favour of the trade pathway. For workers in the timber and hardware sector, that is a strong incentive to take up or complete an apprenticeship and for employers, it is a clear value-add when attracting and retaining staff. The benefits don’t stop once the qualification is finished. HIA data shows qualified tradespeople can go on to earn salaries in the $80,000 to $95,000 range – on par with many degree-qualified roles. NTHA’s General Manager for the GTO, RTO, Melissa Clark says the recent data highlights exactly why apprenticeships are such a valuable pathway, offering people the chance to earn, gain real skills, and avoid significant debt while building a strong career. “From my perspective, it reinforces the importance of employers continuing to invest in apprenticeships as a practical and sustainable way to develop and retain a skilled workforce, particularly in the Timber Industry,” Ms Clark said. For merchants supporting apprentices through industry programs, the message is clear apprenticeships aren’t just good for skills, they make solid financial sense for workers. In a market where skilled labour remains tight, offering a pathway that combines income, training and long-term earning potential is proving to be a smart move for both employees and the businesses backing them.
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FSC AGM for Australia and NZ and information events
FSC Australian and New Zealand-based members are encouraged to attend the FSC Annual General Meeting of Responsible Forest Management Australia Limited (FSC Australia), followed by a membership engagement event. This hybrid event allows members to attend in person or online. Source: Timberbiz The Annual General Meeting of Responsible Forest Management Australia Limited will be held on Thursday, 28 May, followed by a membership engagement event. The day will begin with the Annual General Meeting, which will provide an overview of the past year for FSC ANZ, key achievements, and priorities ahead. Following the AGM, members are invited to stay for a series of engaging sessions featuring guest speakers, as well as opportunities to network and connect with fellow members from across the sector. Update on the Australian Forest Stewardship Standard Revision The second draft of the revised Forest Stewardship Standard will have been released for consultation prior to the AGM and field-tested in forests in Victoria and Tasmania. This session will outline the proposed changes in the second draft and provide an early look at the results from the testing. Presenter: Stefan Jensen, Senior Policy Manager at FSC ANZ First Nations Committee (formerly Indigenous Working Group) Update This session will provide an update on the progress and future direction of the First Nations Committee (FNC). Participants will hear about recent achievements, ongoing initiatives, and strategic priorities, as well as the Committee’s plans to strengthen Indigenous engagement and influence in sustainable forestry governance. Presenter: Tolita Davis-Angeles, Chair of the FSC ANZ First Nations Committee Putting Nature on the Balance Sheet As financial markets respond to climate, biodiversity, and social risks, the forestry sector is working to measure and report the value of nature in financial terms. This session will share progress and next steps from the Global Forestry Natural Capital project, involving major forestry owners across 38 countries. Presenter: Rayne van den Berg, Founder of Value Australia and former CFO of Forico FSC Trace: Enhancing supply chain integrity and traceability The EU Deforestation-free Regulation (EUDR) will come into force by December 2026. While uncertainties remain and market concerns continue to grow, one requirement is already clear: robust traceability will be fundamental across value chains and regions. This session will provide an update on FSC Trace, a digital solution powered by blockchain technology, highlighting its core strengths, its role in supporting EUDR compliance, and practical steps organisations can take to begin their preparation journey. Presenter: Michelle Wong, Deputy Regional Director, FSC APAC The AGM and events are exclusively for FSC members, the AGM is on 28 May starting at 11:00am and finishing at 5:00pm, in-person attendees should arrive by 10:30am at the Melbourne Museum, Treetops room, 11 Nicholson St, Carlton, Victoria. More information at: https://events.humanitix.com/agm-and-membership-engagement-forum
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Ground-breaking AI detected 90 fires in South Australia
A ground-breaking artificial intelligence system has detected almost 90 unplanned fires since it was rolled out across more than a million hectares in South Australia, helping firefighters coordinate earlier bushfire responses. Source: Timberbiz The technology provides early intelligence to firefighters to support their bushfire responses across the state’s Green Triangle forestry region, helping them respond to fires when they’re smaller and more containable. In 2023, the State Government in South Australia invested $2.35 million to install eight AI-powered cameras, developed by bushfire detection and intelligence provider Pano AI, in strategic locations throughout the South East’s forest estates and Limestone Coast communities. Since then, the smart camera network has detected 87 unplanned fires across vast areas of the Limestone Coast, including 12 during the 2025-26 Fire Danger Season, which ends tomorrow in the South East, Kangaroo Island, Mid North, Mount Lofty Ranges, Murraylands, Riverland, Yorke Peninsula and Adelaide Metropolitan area. Most of the fires detected by the system were during the 2024-25 Fire Danger Season, when 50 were identified. Lightning was responsible for the majority of the fires, including the March 2025 Fox fire near Lucindale, while others were linked to vehicle fires, electrical faults and escaped burn-offs. The remaining 25 unplanned fires detected by the system were during the 2023-24 season. “Pano AI’s partnership with the South Australian Government and Green Triangle Fire Alliance has been central to the network’s evolution over the past three years,” Pano AI Australia’s Andrew Prolov, said “What began as early fire detection is now an advanced bushfire intelligence capability, enabling agencies to understand not just where a fire is, but what it means in real time for nearby communities and assets. “This is a critical shift in a region as vast and operationally complex as the Green Triangle. We have trained and empowered more than 100 first responders across the region, embedding the technology into frontline response ahead of each fire season,” he said. The AI camera network is managed by the Green Triangle Fire Alliance (GTFA), which also manages another seven smart cameras installed on fire towers and infrastructure over the border in the Victorian part of the Green Triangle forestry area. Each camera feeds into a system that delivers real-time fire detection alerts which are then reviewed by a human analyst using ultra-HD 360-degree cameras, AI and satellite technology, helping to identify the earliest signs of smoke and fire. The system also helps identify a fire’s location, severity and proximity to people, infrastructure and firefighting assets, supporting more informed responses from industry and emergency services. Notable fires detected by the system since it was rolled out include the Biscuit Flat hay shed fire in January 2024, which enabled emergency services to quickly scale up resources thanks to early alerts, as well as multiple deliberately lit car fires in timber plantations during early 2024 and a string of lightning fires in early 2025. While the Fire Danger Season ends on May 1 in South Australia, fires can continue to break out at any time of year, and the public is asked to remain vigilant and continue adhering to fire safety requirements. “We’ve invested in AI technology which has made a real difference, supporting firefighters across the Limestone Coast to respond even sooner to fires that threaten our communities and plantations,” Forest Industries Minister Clare Scriven said. She said the State Government would continue to support SA’s regional communities, emergency services and state’s $3 billion forest industry. “The South Australian Government’s co-funding of the GTFA’s AI-powered fire detection camera network has significantly strengthened fire detection and management across the Limestone Coast region,” Green Triangle Fire Alliance General Manager Anthony Walsh said “The camera network provides coverage of more than one million hectares across the region. While the plantation industry initiated the project, around 90% of the coverage extends beyond plantations to include towns, farmland, roads and conservation reserves. “As a result, our communities, towns, farmlands and conservation areas are safer thanks to this advanced technology.”
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Multi-agency Taskforce Fire Guard for NSW
The NSW Government has launched a new multi-agency taskforce in a bid to accelerate hazard reduction and better protect communities across NSW. Taskforce Fire Guard will bring together fire agencies and land managers to strengthen coordination and prioritise high risk areas over the coming months. Source: Timberbiz Operating from the NSW Rural Fire Service (RFS) State Operations Centre, the taskforce will use predictive services and weather intelligence to support agencies to target efforts where they are needed most, said Minister for Emergency Services, Jihad Dib. Participating agencies include the RFS, Fire and Rescue NSW, NSW National Parks and Wildlife Service, Forestry Corporation of NSW, Crown Lands and Transport for NSW. “Taskforce Fire Guard brings agencies together to ensure we are making the most of every opportunity to reduce bushfire risk and protect communities,” said Minister Dib. “It will strengthen how we plan and deliver hazard reduction across the state, particularly as weather conditions allow work to increase. “This is a commonsense approach to hazard reduction that brings all agencies together with a sole focus of coordinated and planned hazard reduction activities. “This is about making sure every part of the system is working together, using the best available information, to reduce bush fire risk and protect lives and communities across NSW.” The centralised body will support existing local arrangements by coordinating resources and using technology to plan and deliver hazard reduction more efficiently across the state. Current conditions have created a valuable window for hazard reduction activity with burns underway across multiple regions, said RFS Commissioner Trent Curtin. The activities are reducing fuel loads, helping to lower fire intensity and better protect communities ahead of future fire seasons. “We’re dealing with higher fuel loads and increasingly narrow windows to safely carry out hazard reduction,” said Commissioner Curtin. “This taskforce allows us to better prioritise and coordinate work across agencies, focusing effort where it will have the greatest operational impact. “Hazard reduction is one of the most effective ways to reduce bushfire risk, and we will take advantage of favourable conditions wherever possible to safely carry out this work across multiple regions. “While people may see or smell smoke, these burns are carefully planned and closely monitored to ensure community safety.” Since 1 July 2025, agencies have treated 45,000 hectares across NSW, helping to protect more than 127,000 properties through a targeted focus. “Task Force Fire Guard is about strengthening how agencies work together to deliver hazard reduction burns where it will make the greatest difference to community safety. “It does not replace existing planning or command arrangements, rather it supports them by improving coordination, situational awareness and access to specialist capability, enabling agencies to take advantage of the narrow windows available when conditions are right,” said Fire and Rescue NSW, Acting Commissioner Mick Morris. “Fire and Rescue NSW’s contribution is focused on the urban interface and structure risk, supporting our endorsed bushfire mitigation plans and safe integration with our broader emergency response.” A list and map of planned burns can be found on the RFS website at www.rfs.nsw.gov.au/hr or download the Hazards Near Me app for information on upcoming hazard reduction burns in ‘Watch Zone’.
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Parliamentary inquiry shows critical underfunding of CFA in Victoria
Labor’s chronic underfunding of our Country Fire Authority (CFA) was laid bare at a Parliamentary Inquiry last week, with recent government funding announcements falling well short of reversing the damage according to the Liberal Opposition. Source: Timberbiz CFA Chief Executive, Greg Leach, confirmed the organisation was not meeting fleet renewal benchmarks, including the turning over of tankers at 20 years of age and pumpers at 15. He acknowledged that a $65 million per year investment would be needed just to maintain the current age of the CFA fleet, a far cry from Labor’s recent $10 million per year promise for the next 10 years. He also revealed there are 802 single-cab tankers in the CFA fleet. This contradicts earlier Department of Justice and Community Safety evidence that put the figure at 627 during Public Accounts and Estimates Committee hearings six months ago. CFA Chief Officer, Jason Heffernan, admitted to the inquiry that CFA staff shortages led to “some deficiencies” in affected districts. He confirmed he had formally raised concerns with the Emergency Management Commissioner ahead of the fire season and issued a “qualified attestation” about the CFA’s readiness ahead of summer due to the staff shortages. This attestation has not been made public. He also confirmed unfilled vacancies existed in District 22 at the time of the Longwood fire in January but could not say how many. Fire Services Implementation Monitor, Niall Blair, warned the inquiry the vacancies were “leaving vulnerabilities across the state”. Leader of The Nationals and Shadow Minister for Emergency Services, Danny O’Brien, said Labor continued to under-resource the CFA and leave regional Victoria vulnerable. “We knew the CFA was under-resourced going into the fire season and not getting enough support to upgrade fire trucks. Today’s hearings confirmed this. “The ageing firefighting fleet will only get older under this government, with volunteers forced to sit in the open air in single-cab trucks exposed to the smoke, dust and here for another decade if Labor win again in November. “Labor can’t manage money and it’s our firefighters and regional communities who are paying the price. “The Liberals and Nationals will stop the waste, scrap the tax on volunteers, and back our community firefighters to keep them safe and our communities protected.”
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