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.
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 Australia will be exhibiting at Asia-Pacific’s International Mining Exhibition (AIMEX), which runs from 6-9 September 2011 at Sydney Showground, Sydney Olympic Park, NSW, Australia. You can visit us at Stand: 2820.
As specialists in electrical power feed systems, Cavotec Australia works directly with mining, port and harbour operations, as well as electrical and mechanical businesses na
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.