Key facts summary
- Industrea wins contract with PT Inco (Vale Inco) in Indonesia
- Contract allows Industrea to break into South East Asia market
- CAS-CAM collision avoidance technology to be installed at PT Inco’s Sorowako site in South Sulawesi, Indonesian
- Follows recent CAS-CAM contract wins in South America and South Africa
Industrea wins a contract with PT Inco (Vale Inco) in Indonesia.
It follows Industrea securing contracts with BHP Billiton and Anglo American in the key mining markets of South American and South Africa. Industrea has also sold CAS-CAM to BMA and Anglo Coal Australia mines in Australia.
Industrea chief executive officer, Robin Levison, said the strong demand for CAS-CAM technology worldwide was evidence of the product’s superior performance and the reduced risk it brought to open cut mining operations.
“Industrea is committed to helping improve mining safety standards around the world and we are proud to have developed and nurtured the CAS-CAM intellectual property since purchasing the now wholly owned subsidiary Advanced Mining Technologies (AMT) three years ago,” he said.
“At the time of acquiring AMT, CAS-CAM was not the major focus of the company’s operations. However, Industrea recognised its potential and the market trend toward increased safety and the ensuing productivity increases it would accrue. The world’s large miners now see collision avoidance as a global requirement and Industrea is well positioned to fill that need.
“With the mining industry enjoying rapid growth worldwide, particularly in Asia, South America and South Africa in recent years, we knew there would be a large and global market for a highly accurate collision avoidance system in mines.
“This system has now been embraced by a number of the world’s leading mining companies. CAS-CAM is the leader in its field and we expect continuing strong sales in the future.”
Robin Levison said the new contract with PT Inco allowed Industrea to tap into the fast-growing South East Asian mining market for the first time.
“This contract will strengthen Industrea’s presence in South East Asia and give us the reference platform to network with other potential buyers in the region,” he said.
“It will also complement the business already being generated in mainland China for other products and services from the Industrea group of companies.”
The Indonesian contact, worth $1.9 million initially, will see Industrea’s wholly owned subsidiary AMT supplying and installing CAS-CAM collision avoidance technology at PT Inco’s Sorowako site in South Sulawesi.
A pilot program of the CAS-CAM technology started at the site in late 2007.
PT Inco (Vale Inco) is a subsidiary of Companhia Vale do Rio Dolce (Vale), a large diversified metals and mining company.
The CAS-CAM system has been selected to reduce the potential for collision between heavy surface mobile equipment, light vehicles and improving safety of employees on-site.
The AMT Collision Avoidance Camera System (CAS-CAM) improves operator visibility by eliminating blind spots around heavy surface mobile equipment.
Incidents involving poor visibility for drivers are a major source of reportable safety incidents in surface mining operations every year.
The introduction of CAS-CAM technology can significantly improve the safety of employees and reduces production and operation losses as a direct result of safety related incidents involving mobile equipment on mining sites.