Komatsu aims for lead in hydrogen-powered mining trucks

Komatsu, Japan's top construction equipment maker, plans to develop hydrogen power as an alternative to diesel for heavy-duty mining dump trucks, in a first for the industry, Nikkei has learned. The company will start its hydrogen development programme in 2021 and aims to have the trucks ready for practical use by 2030.

Revival on Cards?

India is witnessing an improved growth trend in coal mining, as Coal India Ltd (CIL) is aiming an output of one billion tonne by 2020. CIL has earmarked a capital investment of Rs 57,000 crore, as part of the road map for one billion tonne target, with a planned capex of Rs 8,500 crore in 2017-18.

Joy Global renamed Komatsu Mining Corp

Komatsu America Corp, a subsidiary of Komatsu Ltd has completed its acquisition of Joy Global Inc, a worldwide leader in high-productivity mining solutions. Retaining its headquarters in Milwaukee, WI, Joy Global Inc has been renamed Komatsu Mining Corp and operated as a subsidiary of Komatsu.

On a Positive Note

The 13th International Mining and Machinery Exhibition 2016 (IMME 2016) held during November 16-19 concluded with a positive note on a possible turnaround of Indian mining industry in the coming years. The 13th Global Mining Summit (GMS) 2016 also held concurrently with the IMME 2016.

IMME 2016 all set to kickstart

The 13th edition of International Mining and Machinery Exhibition (IMME 2016) is all set to kickstart on November 16. IMME is India?s largest and focussed trade fair for the mining sector and is scheduled to be held from 16 to 19 November 2016 at Eco Park, Rajarhat, Kolkata.

Indian Mining Poised to Boom

Joy Global, Komatsu America Corp to merge

Joy Global Inc, a worldwide leader in high-productivity mining solutions, announced that its Board of Directors has unanimously approved a definitive merger agreement under which Komatsu America Corp, a subsidiary of Komatsu Ltd , will acquire Joy Global in a transaction valued at approximately $3.7 billion, including Joy Global?s outstanding indebtedness.

Rajya Sabha passes GST Bill

Stepping closer to the concept of ?one nation, one tax?, Rajya Sabha passed the Goods & Services Tax (GST) Bill. The constitutional amendment will enable both the Centre and the states to simultaneously levy the GST, which will include all indirect taxes currently levied, including excise duties and service tax.

Bauma 2016 - the biggest trade show on earth

Bauma 2016 - the biggest trade show on earth - spread across over 608,503 sq m (1.5 lakh acres) exceeded expectations this year with a participation of 3,423 exhibitors from 58 countries and the presence of about 580,000 visitors from 200 countries.

Large Miners Forward

While the global mining industry is on the decline, India is witnessing a reverse trend. Many international mining equipment manufacturers are showcasing their products at BAUMA 2016, Germany, in a big way, at a time when Coal India

Rental equipment will not find application in safe mining conditions.

Because of the Central government's ambitious coal mining target, we foresee good potential in the next few years in coal mining. Also, this ambitious coal production

P&H Joy to set up mfg unit

P&H Joy Mining Equipment India (P&H Joy), a fully owned subsidiary of the US-based Joy Global Inc, announced that it would set up its manufacturing unit in Changi?s proposed airport city at Andal in Bardhaman district making an initial investment of $25 million (Rs 133 crore).