Executives, elected officials and hundreds of Milwaukee-area employees today celebrated the official launch of Komatsu Mining Corp.
Komatsu Mining News
CAT said it remains committed to existing customers.
Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.
The firm is buying 60% of Road Machinery Co., S.A. de C.V, Mitsui's subsidiary in Mexico, which services Komatsu mining equipment.
Construction and mining equipment account for almost 90% of Komatsu’s revenue.
Equipment sales in the Asian country are already 20% below expectations.
Later the fleet will be augmented with a second primary excavator and eight additional trucks.
Komatsu Ltd., the world's second- biggest mining equipment maker, expects global demand for its machines to reach a fresh record next year, fueled by China and India's search for coal, iron ore and copper.
World #2 iron ore miner Rio Tinto has reached a deal with Komatsu to buy 150 driverless truck over the next four years. The new trucks, which will start arriving in 2012, will be used in Rio Tinto's Pilbara iron ore mines in Western Australia and can be controlled from its Operations Centre in Perth more than 1500 km away. Rio says the vehicles will increase productivity by hauling more material quicker. The Komatsu Autonomous Haulage System, a world first, has been tested in the Pilbara since December 2008. The company currently operates a fleet of 203 standard haul trucks and 10 driverless vehicles.
With bucket sizes ranging from 18-35 m3 (depending on materials), it has an operating weight range of 216-220 ts (depending on configuration) and is powered by a Tier 2-compliant Komatsu SSDA16V160E-2 engine rated at 1,316 kW net. It is available in two configurations, standard boom and high lift boom.In standard boom configuration, it can load Komatsu HD1500-7 (144 t capacity) and similar-class trucks in four passes, and 730E(184 t capacity) trucks in five passes.In high-lift boom configuration,it can load 830Es (222 t capacity) trucks in seven passes. Photo courtesy of Komatsu America Corp.
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