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Komatsu has announced its agreement to acquire GHH Group GmbH, a manufacturer of underground mining and tunneling equipment based in Gelsenkirchen, Germany. This strategic acquisition is expected to enhance Komatsu's offerings in underground mining and expand its global reach in key markets such as Europe, South Africa, India, and Chile. The deal aims to leverage synergies for accelerated product development and improved customer service. The acquisition is projected to close in the first half of 2023, aligning with Komatsu's mid-term management plan for sustainable growth.
Komatsu, a global mining equipment provider, is collaborating with Vale to enhance underground hard rock excavation using DynaCut mechanical cutting technology. Trials will commence on the MC51 machine at Vale's Garson Mine in Sudbury, Canada, aiming to expedite market availability. With over 10 years of R&D, DynaCut technology operates electrically, eliminating emissions and allowing remote operation, increasing safety. Both companies will discuss their partnership at MINExpo 2021 in Las Vegas on September 13, 2021.
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