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.
At the end of June 2012 RAG Mining Solutions and Chinese coal mining company SDIC Coal signed a frame contract. The contract settles further cooperation of both companies in concerns of roof support technique and automation.
In a celebratory ceremony Dr Martin Junker, CEO of RAG Mining Solutions GmbH and Liu Yi, member of board of SDIC Coal signed a frame contract that settles the further cooperation of both companies for the next two years.
SDIC Coal is planning to build further coal mines in the Chinese regions of Xinjiang and Shanxi until 2014. The Chinese contract partner would like to draw on the know-how of RAG Mining Solutions with this. The focal points of the planned cooperation will be support technique and automation.
In 2011 SDIC Xinji Energy Company Limited had already commissioned the RAG-subsidiary with the accomplishment of several projects in the sectors of logistics, support technique and planning of preliminary work. Trainings of Chinese engineers on site and in Germany, that had been accomplished by professionals of RAG Mining Solutions together with experts of the mines and maintenance area, topped the engineering- and consulting services.
Liu Yi (SDIC Coal) and Dr. Martin Junker (RAG Mining Solutions) after signing the frame contract.
Herne-based RAG Mining Solutions GmbH brings German mining know-how to the international market and offers a wide range of consulting and engineering services together with training sessions in the following areas like Technical
Planning, Logistics, Roof Support/Roadheading, Ventilation and Climate Control, Coal Winning, Automation or HSE. RAG Mining Solutions can therefore provide single-source, comprehensive solutions to the problems and processes
involved in underground mining. And delivering benefits for our customers still lies at the heart of our services – living up to our motto ‘We know how … because we do it ourselves’.
