Recently, China Ordnance North Heavy Industries Group North signed an NTE360A electric wheel mining vehicle purchase contract with Australia's Walkworth Mining Co., Ltd., with a total contract value of nearly RMB 1 billion.
Walkerworth Mining Co., Ltd. is affiliated with Yancoal Australia Limited (Yancoal). Yancoal is currently Australia's largest exclusive coal producer. It has 11 coal mines in Australia with an annual production capacity of 80 million tons, of which 3 pairs of mines have an annual output of more than 15 million tons, ranking among the top ten mines in Australia. The batch of mine cars will be used in Yancoal's MTW coal mine development and construction, which is expected to be delivered in wholesale from 2020. The mine cars currently used in the MTW coal mine are European, American and Japanese brands, and the NTE360A electric wheel mine car will be the first "Chinese face" in the mine.
The Australian mining market is the market with the highest global standards. The certification of product technology and quality is very strict. The requirements for product performance, safety in use, operating comfort, reliability and ease of maintenance are among the highest in the world. The signing of this contract marks a major breakthrough in the expansion of the international market of Northern Shares, and the successful entry into the Australian market, the top international high-end market known as the pearl of the global mining crown. This is also the first batch of China's high-end construction machinery exported to the Australian market.
After nearly two years of technical and business communication, Northern Shares and Yancoal finally defeated many international giants by fighting technology and fighting life-cycle operating costs, winning customers' favor and reaching a procurement plan. The products required for this contract will match the GE electric drive system of the mine car powertrain system. The drive system uses dual independent cooling fans, fully adopts Australian technical standards, applicable Australian safety and environmental protection regulations and access requirements.
North Shares owns the only national engineering research center in the field of mining vehicles in China. It is the chairman unit of the Engineering Transportation Machinery Branch of the China Construction Machinery Industry Association and the Mining Vehicle Branch of the China Automotive Engineering Society. It is the leading compilation unit of the national standard for mining vehicles. China's first batch of 54 manufacturing industry single champion demonstration enterprises, has been selected as the "Top 50 Global Construction Machinery Manufacturers" for 7 consecutive years since 2012, and mining vehicles have firmly occupied more than 80% of the domestic market share, and the foreign market has expanded to 65 countries around the world. And region.
The research and development of the NTE series of independent brand electric wheel car in North China and the expansion of the international market have achieved remarkable results. The sales of independent brand electric wheel cars and the sales of series products in the international market accounted for more than 70% of all sales. North Shares is also the only domestic mining vehicle manufacturing enterprise that has realized the application of unmanned mining cars in batches in mines. In 2019, it will realize the mass sales and application of 30 unmanned mining cars to large-scale mines in the steel, coal, cement and other industries.
As a global high-end mining equipment market in Australia, the Northern Shares mining vehicle can break the monopoly of the local market by international giant brands, marking that the Chinese high-end equipment manufacturing industry represented by Northern Shares has been recognized by the international high-end market.