Normet acquires Dynamic Rock Support
Normet Group Oy has acquired the shares in Dynamic Rock Support AS in Norway. The acquisition broadens Normet's offering for rock reinforcement with the new generation, energy absorbent D-Bolt system.

Dynamic Rock Support AS (DRS), owned by ProVenture Seed, Salvesen & Thams, NTNU, the Norwegian University of Science and Technology, and the founders, is based in Trondheim, Norway and has subsidiaries in Australia and Canada.

Thor Egil Five, Chairman, Dynamic Rock Support AS, explains, "DRS is a spin-out from the NTNU and was founded in 2008. It is always gratifying to see technology developed in a start-up company and then take the next step in contribution to industry and society."

The company's main focus is on providing reliable technology that ensures safety and gives cost savings for underground mines, particularly where challenging ground conditions involve squeezing or dynamic risk management. DRS has developed the D-Bolt which is a novel rock bolt specifically designed for efficient and reliable rock reinforcement in squeezing and burst-prone strata. The patented technology was developed by Professor Charlie C Li at NTNU.