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 SP Mine Safety SA (Pty) Ltd as its new distribution partner in South Africa. This follows hard on the heels of a distribution agreement only recently set up in December 2012, for Strata Worldwide to handle Trolex products in the US market.
Strata’s subsidiary in South Africa, SP Mine Safety SA (Pty) Ltd is located an hour outside Johannesburg. It will now be able to offer Trolex systems for replacement or upgrading of existing monitoring systems underground, as well as integrating with Strata wireless networks to provide continuous data retrieval. Installation and maintenance on the systems can be performed by general plant maintenance personnel which provides low recurring operation costs. Strata 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, “There is an excellent alignment between our two companies and we are delighted to be working with Strata with whom we share a common goal of providing mine-wide safety solutions. This new partnership will allow us to maintain our market leadership in gas monitoring systems in South Africa which we have established over the last 30 years”.
Strata Worldwide is a global leader in mine safety products which includes wireless communications and tracking systems, emergency mine refuge chambers, proximity detection systems and collision avoidance systems.
Talking about the new relationship, Jonathan Metcalf, Strata South Africa General Manager added, “ We are extremely excited to be partnering with Trolex to offer its technology in the South African market. It has been Strata’s vision to offer completely wireless, battery powered and intrinsically safe atmospheric monitoring systems, which include the additional safety benefits of post-accident monitoring and data retrieval.”
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 0161 483 1435, email [email protected] or by visiting the company’s website at www.trolex.com
