India is one of the world’s largest mining countries, with more than A$39 billion worth of minerals produced each year, and a rapidly developing mining industry. India is also the world’s third-largest iron-ore producer and has some of the largest mineral reserves of coal, iron ore and bauxite globally.
India’s mining industry has shown rapid growth over the past 10 years with the nation becoming a major international player in the production and exportation of critical minerals.
In June 2023, Austin received a purchase order for four haul truck trays from one of India’s major iron ore producers, adding further growth to our already extensive Asia Pacific business and opening a new door to possible customer partnerships.
Austin’s customer is looking to demonstrate the benefits of Austin’s unique truck tray design across its iron ore operations.
Austin’s CEO and Managing Director, David Singleton said:
The order consists of customised ULTIMA trays that took nine months of engineering work with the customer to complete. The trays are custom-designed without a steel wear liner and are designed to deliver an additional 66,000 tonnes of ore per annum with less downtime for repairs.
The trays will also be fitted with Austin’s Mainetrack condition monitoring software to allow our customer to monitor the wear rates of their new truck trays in real-time.
Mr Singleton said,
Austin is looking forward to continuing to expand into the Indian mining market.