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13 July 2020
ARMZ Mining Machinery to Supply Mining and Transportation Equipment to Latin America
The supply contract for the Russia’s first load-haul-dumper machine powered by lithium ion batteries — ARGO LHD 140B — was signed with the dealer in the Latin American region. The equipment shall be shipped to a mining company in Peru.
According to Igor Semenov, the Chairman of the Board of Directors of ARMZ Mining Machinery, LLC, «This deal is the first important step in developing the foreign market activities and creating a medium-term order portfolio. Today, we are also focused on expanding the model line of mining machinery manufactured under the brand of ARGO in Krasnokamensk. This year, we plan to invest in development and production of load-haul-dumpers with a carrying capacity of 3.5 tons, and in 2021, 10 and 14 tons.»
The Company’s plans encompass opening a service center in Krasnokamensk with the status of an authorized partner of the French brand by the end of this year. There are all necessary competencies for this; in particular, the staff has been trained at a plant in Gardanne (France).
ARMZ Mining Machinery, LLC has been established in 2019. The Company is engaged in producing mining machinery in an industrial partnership with Aramine, a French engineering company. In March 2020, a mass production of ARGO LHD 140B load-haul-dumpers powered by lithium ion batteries has been launched in Krasnokamensk (Trans-Baikal Territory). The machines meet the high requirements of international standards and have no negative impact on the environment.
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