INTERNATIONAL COAL NEWS

Industrea's growth ambitions

WHILE there was press speculation in late September that Industrea might acquire a stake of Valle...

Blair Price

This article is 15 years old. Images might not display.

Talking at the Wilson HTM Focus on Mining conference yesterday, Industrea managing director Robin Levison said continued expansion in the Hunter Valley was “an ongoing priority”

But the big growth for Industrea is its booming equipment exports to China, which bring in more than $10 million a month, through its Wadam Industries subsidiary.

Some of Industrea’s newer offerings to this market include the 130-tonne shearer carrier and the 80t roof support carrier.

Citing Austrade research from last year, Levison noted that China was slated to produce more than 3 billion tonnes of coal in 2010 with more than 95% of the output coming from underground mines.

China is known for its deep gassy mines and Industrea subsidiary AMT managed to ship 13 of its Drill Guidance System units, which are used for methane drainage, in the last financial year, up from 10 in the previous year.

Levison said there were more than 100 DGS units worldwide, with more than 70 in China.

Other growing export markets on the radar for the company include Russia, India, Canada and Alaska.

In addition, Industrea subsidiary PJB made record sales of its namesake personnel carrier vehicles in Australia in the last financial year.

Shares in Industrea closed down 0.5c to 44c yesterday.

TOPICS:

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions