Expanding its Chinese presence, global mining products and services provider Industrea Limited (IDL) today announced a $3.9 million contract to new Chinese customer Inner Mongolia Huineng Group for the delivery of IME 50 tonne longwall roof support carriers. Industrea has now secured around $26 million of new mining productivity and safety equipment orders to China’s expanding coal industry since the start of the 2009/10 financial year, based on the company’s excellent track record in the country, established customer support network and ability to win new clients against tough international competition.
Welcoming another new client to Industrea’s fast-growing Chinese customer base, Industrea Managing Director and CEO, Robin Levison, expressed confidence in further growth in this important market for the company. “The recent stream of contract wins in China has shown that Industrea is firmly embedded in the Chinese coal mining industry as the supplier of choice. Our local subsidiary, Wadam, has established a strong presence on the ground, and our record of successful product delivery and commissioning followed by strong reliability continues to win new orders for our Australian-built equipment,” Mr Levison said. “Working hand in hand with our Chinese partners, we anticipate further contract wins as we deliver the improvements in productivity and safety that are integral to the industry’s future growth.”
China has outlined plans to boost domestic coal production from the 2.6 billion tonnes produced in 2008 to more than 3.3 billion tonnes by 2015, in line with anticipated growth in energy demand. According to media reports, key coal provinces are increasing mine openings to meet the demand following moves to consolidate smaller pits and improve safety.
Since July 2009, Industrea’s new contract wins for the Chinese market have included a $3.1 million directional drilling and methane gas drainage contract for Yang Cheng County; $13.6 million of directional drilling and methane gas drainage systems for the Jincheng and Shanxi Mining Groups; and $5 million worth of contracts for the supply of gas drainage and longwall roof support carriers to Jincheng Group.
Tags: IDL, Industrea, Mining Services, New contract
