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Asian mining news

Clayton to supply hybrid locomotives to Macheng Mine

Clayton Equipment has secured a contract to supply a fleet of 12 hybrid locomotives to the Shougang Group, the parent company for an iron ore mining operation at Macheng Mine in China.

 
 
 
 
 
 
 
 
 

EDB provides US$55 million in financing to ERG’s SSGPO

Eurasian Development Bank has provided US$55 million to Eurasian Resources Group’s Sokolov-Sarybai Mining Production Association enterprise in Kazakhstan, in order to finance the production of export goods.