Building on its strong Chinese presence, global mining products and services provider Industrea Limited (IDL) announced today the signing of a $2.5 million contract to supply an AMT directional dril ing and methane gas drainage system, associated training and equipment to Jincheng’s Sihe Coal Mine in Shanxi Province. Sihe Coal Mine is an existing AMT and Wadam customer already running four gas drainage systems. The state-of-the-art directional dril ing system wil be built in the Hunter Valley, New South Wales, for supply to Shanxi Jincheng Anthracite Mining Group.
“Industrea continues to win new business in China against tough international competition due to our market leadership in mining safety and productivity equipment. Our world class directional dril ing technology allows our customer to safely remove gas at high volumes from a coal seam,” Mr Levison said. “We are now moving into the next phase of our Chinese growth strategy with the development of recurring revenue streams from not only new equipment sales, but also from training, maintenance, spare parts and support services, which are an increasingly important aspect of winning and maintaining customer loyalty. “To facilitate this revenue growth, Industrea has established a new product support centre in China capable of supplying a range of equipment spares across our key product ranges, alongside offering the required technical expertise in meeting the servicing and maintenance needs of our customers in the region.” Mr Levison said Industrea had recently achieved registration of subsidiary Industrea Wadam (Beijing) Technical Services Co. Ltd as a Wholly Foreign Owned Enterprise in China, with new office premises leased in Beijing.
China is forecast to nearly triple coal-fired generating capacity by 2030 from the 2006 level, with substantial investment anticipated in both coal mining and coal transportation infrastructure, according to the US Department of Labour’s Energy Information Administration.
Industrea Limited is a diversified mining products and services group based in Australia. Industrea provides integrated mining products and services, including open cut earthmoving and equipment hire, asset management, contracting and engineering services. Industrea’s range of mining products includes open cut Collision Avoidance Systems, Underground Directional Dril ing, Aboveground Directional Dril ing, Contractor Management, Mobile Asset Tracking and Driver Safety Performance Index, along with a range of flame-proof and explosion-proof underground diesel vehicles for the transportation of people and longwall mining equipment. Customers include BHP Billiton, Anglo Coal, Rio Tinto, Xstrata, Boeing and the major Chinese mining groups, including Jincheng, Shanxi and Shenhua. The company also acts as distributor for global mining suppliers Sandvik Voist Alpine (Scandinavia) and Tagor (Poland).
www.industrea.com.au