MARKETS

Industrea inks another distribution deal

EQUIPMENT supplier and contractor Industrea will distribute Filter Technology Australia's filtrat...

Blair Price
Industrea inks another distribution deal

Industrea’s Beijing-based subsidiary, Wadam Industries, will supply FTA’s filtration systems, which are designed for the mining, construction and heavy equipment industries, through to October 2012.

Manufactured in Newcastle, FTA’s filtration systems are used in hydraulics, final drives, gearboxes, engines and fuel delivery systems.

“The filtration systems are capable of reducing particle contamination by up to 90 per cent, thereby reducing maintenance costs, increasing the availability of heavy equipment and extending component life,” Industrea said.

Industrea managing director and chief executive Robin Levison said he was delighted to add the innovative Australian-made filtration systems to Industrea’s suite of products.

“This technology will also open the door to new industry sectors for Industrea, allowing us to further leverage the investment in our Chinese product support centre established earlier this year,” he said.

FTA managing director Brian Bondi said the fast-growing Chinese market was considered to be crucial for the company’s long-term success.

“Industrea is used to working with the most advanced products in their field and we see them as the perfect partner, given their established base in China and excellent reputation for customer service and delivery,” he said.

Last month Industrea won another three-year distribution agreement in China, for Marathon’s rubber-liner insertion machines and RL run flat tyre inserts for use in underground coal mining vehicles.

Industrea will be attending the upcoming China Coal and Mining Expo 2009 in Beijing, and Levison said China’s economic transformation was generating rapid growth for the company.

“The more than $33 million in new product contracts won since the start of the 2010 financial year are indicative of the potential for our business and we see a strong outlook for the year ahead,” he said.

Shares in Industrea shed half a cent to A47.5c this morning.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets