Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
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In a September 2011 article, the Casper Star-Tribune gave details of the world’s largest truck body by volume, which was manufactured by Casper-based Western Technology Services (Westech) and is known as the Flow Control Body. It has a massive volume of 470.4 m3 at a coal density of 0.86 t/m3. It was installed on a Liebherr T282C truck, while normally has a nominal 363 t capacity, at Peabody Energy’s North Antelope Rochelle mine in Wyoming. At the given coal density, the body can hold a total weight of 404.544 t or 447 short tons. This is enough coal to fill more than 4.5 standard coal rail cars. (more…)
