Cavotec wins breakthrough cleantech order for industrial battery charging worth over EUR 3M
In a major development signalling Cavotec’s entry into industrial battery charging for heavy duty vehicles, Cavotec is to supply a proof-of-concept battery charging system for use with heavy-duty mining trucks. The value of this first order is over EUR 3M with a potential for follow up orders, opening up a market that is estimated to be worth several hundred million euros in the coming years.
Cavotec revenues jump more than 50 per cent
Global engineering group Cavotec published its 4Q11 report this morning with total revenues up 50.8 per cent compared to 2010, coming in at EUR 60.2 million.
Cavotec MoorMaster™ Selected by Karara Mining for Bulk Handling Application in Australia
Cavotec’s automated mooring technology, MoorMaster™, has been selected by Australian mining company, Karara Mining Ltd., for use at their dedicated iron ore handling facility at the Port of Geraldton in Western Australia.