GE Transportation today unveiled its newest business unit, GE Mining, that will be headquartered in Brisbane, Australia. This was announcened at MINExpo 2012 by Geoff Knox, CEO of GE Mining.
The Company recently acquired Fairchild International, which manufactures underground mining equipment, and is finalizing the acquisition of Australian-based Industrea Limited, a provider of safety and productivity-enhancing mining equipment and services. GE will reach a global customer base with enhanced products based on its clean propulsion systems, energy storage offering and world-class system integration capabilities.
As the global mining industry expands to deeper, more remote and extreme locations, its challenges grow more complex. GE’s portfolio of products and services are uniquely positioned to maximize resources, drive efficiencies and help make the world work better, allowing mines to:
- Generate, distribute and convert power more efficiently and at a lower cost
- Manage water quality, usage and wastewater runoff more effectively
- Improve productivity through more efficient transportation of materials and deployment of advanced software monitoring systems
“The continuing urbanization and growth in energy demand in the emerging economies bodes well for the long-term future of the global mining industry,” said Geoff Knox, CEO of GE Mining. “With mine operators rebalancing their investments to get more out of their existing assets, GE’s global mining business is well positioned to add value. We can help them maximize output through more efficient movement of their products, generate and distribute power more efficiently, and address their water management challenges.”
Read the press release here.