China stainless steel mogul fights to avoid a second collapse
A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.
Bucyrus has delivered five CL10C compact loaders to China Shenhua Energy Co for operation in the longwall mines managed by Shenhua Shenfu-Dongsheng Coal Co. The 10 t capacity loaders are the first electronically controlled diesel vehicles supplied to the Chinese underground coal mining industry. They are designed to raise loads to a height of 1 m directly onto the cookie plate via the hydraulic winch, and can be used in a wide range of applications including general mine transportation and maintenance work, longwall installations and relocations, cabling and piping installation and stone dusting. (more…)
