Atlas Copco Wins Large Order to Supply Mine in the Democratic Republic of Congo.STOCKHOLM, Sweden -- Atlas Copco Atlas Copco is a Swedish industrial company that was founded in 1873. It manufactures industrial tooling and equipment. The Atlas Copco Group, founded already in 1873, is a global industrial group of companies headquartered in Stockholm, Sweden. (STO:ATCOA) (SO:ATCOB) has won an order worth more than MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 100 (MEUR MEUR Million Euros 11) to supply underground mining equipment for blast hole a hole in the bottom of a pump stock through which water enters. See also: Blast drilling, rock bolting, loading and haulage for the Kamoto Mine in the Democratic Republic of Congo. The order comprises four face drilling rigs, four rock bolters In American politics, bolters are party members who do not support the regular nominee of their party. The "bolt" may occur at the party convention as in 1912 when Theodore Roosevelt and his followers withdrew from the Republican Party (see Progressive party) or it may occur after , four 15-tonne loaders, six mine trucks, as well as parts and accessories. The units are scheduled to start arriving on site in March 2007. The Kamoto Mine in the Katanga province For other uses, see Katanga (disambiguation). Katanga is the southern province of the Democratic Republic of the Congo, due under the new constitution to be replaced by four smaller provinces by February 2009. of the Democratic Republic of Congo is currently undergoing extensive development and rehabilitation work in order to restart production of copper and cobalt in 2007. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an agreement with Kamoto Operating Limited, the joint venture managing the project, Atlas Copco will provide the primary fleet needed to restart the mine. The mine is expected to go into production in the fourth quarter of 2007, ultimately reaching an annual production of 150 000 tonnes of copper and 5 000 tonnes of cobalt. "The Katanga Province has been supplying copper and cobalt to world markets for more than 70 years. Atlas Copco is proud to be supplying modern mining equipment to help the Kamoto Mine once again become a premier producer," says BjErn Rosengren, Business Area President, Atlas Copco Construction and Mining Technique. The order was won by Atlas Copco Zambia Ltd, which has responsibility for the Democratic Republic of Congo. It will be booked in the fourth quarter. Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with more than 130 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 150 markets. In 2005, Atlas Copco had 27 000 employees and revenues of BSEK 53 (MEUR 5 600). Learn more at www.atlascopco.com. Atlas Copco Underground Rock Excavation is a division within Atlas Copco's Construction and Mining Technique business area. It develops, manufactures, and markets a wide range of tunneling and mining equipment for various underground applications worldwide. The division focuses strongly on innovative product design and aftermarket support systems, which give added customer value. The divisional headquarters and main production center is in Eurebro, Sweden. This information was brought to you by Waymaker http://www.waymaker.net |
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