November 18, 2009The Chinese coal industry’s productivity push has ensured yet another contract win for
Industrea, with the Brisbane-based business today announcing a $6.5 million order for longwall roof support carriers.
Signed with Industrea’s China-based subsidiary Wadam Industries, the new contract is for the supply of four IME high productivity longwall roof support carriers and associated spares to new customer, Shanxi Shenfu South Section Produce and Service Corporation, for its Northern Shanxi Zone coal mines in north-west China.
Industrea Managing Director and CEO Robin Levison explains the order from Shanxi Shenfu is part of a new trend of electricity producers establishing coal mines based on leading international practices, and with the most advanced mining productivity and safety equipment.
“China’s push to consolidate smaller mines and improve mining productivity and safety has now led to the larger electricity producers establishing their own large coal mines as a source of guaranteed supply,” Levison says.
“We are expecting a number of similar orders from other electricity producers for our leading equipment, including methane gas drainage, collision avoidance systems and longwall roof support carriers, due to our strong position as a supplier of choice to China’s leading coal producers,” he says.
Today’s new order in China’s largest coal-mining province follows more than $36 million of contract wins secured since July with leading Chinese mining groups, including the Jincheng and Shanxi Mining Groups and Inner Mongolia Yitai Coal.
“Industrea’s Chinese business is going from strength to strength, as shown by our successful participation at the recent China Coal & Mining Expo 2009, during which we announced another $4 million in new equipment contracts,” Levison says.
Since the start of the 2010 financial year, Industrea has secured Chinese contracts totalling around $43 million – an impressive monthly average of more than $10 million.