Funds cut copper bets by $20 billion as bull trade unravels
Mounting worries about Chinese demand are helping to spark a rapid exodus from copper.
Trolex, one of the world’s leading manufacturers of gas detection and environmental monitoring systems, has just appointed Accutron Instruments Inc as its new mining distribution partner in Canada. This follows the distribution agreement only recently set up in December 2012, for Strata Worldwide to handle Trolex products in the US market and is part of the Trolex global distribution strategy.
Accutron Instruments Inc. is located in Sudbury Ontario Canada and is a worldwide leader in Mine Ventilation Monitoring products and services. It will now be able to offer Trolex systems for replacement or upgrading of existing monitoring systems underground, as well as integrating with Accutron systems to provide a more complete mine environmental monitoring system. Installation and maintenance on the systems can be performed by general plant maintenance personnel which provides low recurring operation costs. Accutron will, however, offer customers full technical and application service packages and will also assist with installation, commissioning, service and support as required.
Commenting on the new partnership, Trolex Managing Director Glyn Pierce-Jones said, “This is an excellent alliance between our two companies and we are delighted to be working with Accutron. This new partnership will allow us to better service the Canadian market and fits strategically with the shared goal of providing mine-wide safety solutions.”
Accutron Instruments Inc. was established in 1994 and has quickly become a world leader in mining instrumentation related to ventilation. Its pioneered ultrasonic airflow monitoring technology has become industry standard for harsh mining applications. Together with other cutting edge technologies and a dedicated research and development team, Accutron is recognized in over 15 countries worldwide.
Discussing the new relationship, Gilles Arsenault, Accutron Business Manager added, “ We are very excited to be partnering with Trolex to offer its technology in the Canadian market. It has been Accutron’s vision to offer a proven product with outstanding track record to complement our Mine Air Quality Stations (MAQS) and this partnership will move that forward.”
Trolex systems and products are relied on the world over to detect gases, monitor other key environmental conditions and optimise machinery performance in the mining and tunnelling industries. They’re intrinsically safe, carry independent accreditation and are at the forefront of safety and condition monitoring technology.
Further information on products is available from Trolex Ltd on +44 (0)161 483 1435, email [email protected] or by visiting the company’s website at www.trolex.com
