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New Mining Machinery Production Enterprise ARMZ Mining Machinery, LLC Launched in the Trans-Baikal Territory

The joint project of the French company Aramine and Atomredmetzoloto, JSC has reached a new level of the development. The high-tech mining machinery assembly began under the Russian brand «ARGO».
Let us remind you that the project is being implemented as part of the ARMZ Uranium Holding Co. core business diversification and is aimed at getting additional profits and creating new jobs in Krasnokamensk. LHD (load-haul-dump machine) production will be carried out on the basis of the Repair and Mechanical Plant of E.P. Slavsky PIMCU, PJSC (subsidiary of ARMZ) using the French technology developed by one of the industry leaders Aramine. An Agreement on the production localization in Trans-Baikal Territory was signed during the International Exhibition Mining World Russia in April 2019.
According to the agreements, employees of E.P. Slavsky PIMCU, PJSC completed a training course at the Aramine сenter in France. A special modular unit was developed for the Russians — a remote assembly site, where foreign colleagues shared their experience in the LHD Aramine L140B production from A to Z, including the assembly of both the machine itself and the battery equipment. The machines assembled by Russian mechanical engineers have been successfully tested in France and their operation at PIMCU underground Mine No. 1 is already begun. «This is a unique case in the domestic mining industry. Localized machinery is more than 20 percent cheaper than imported. Its production and operation costs are 10% and 15% lower than of its cable and diesel counterparts respectively,» said Igor Semenov, Executive Director, ARMZ Mining Machinery, LLC. — We plan to expand the range of joint products and also focus on the production of haul trucks and other auxiliary equipment". Gradually, ARMZ Mining Machinery, LLC localizes the production of spare parts and components — chassis, batteries, and the machinery service centers. According to the plans, the assembly of several more LHDs will be completed by the end of the year — the self-propelled machines will start their operation next year.