Rio and Terex global supply agreement

Panorama

Publishing Date: 18 Aug 2009 3:57pm GMT
Author: Mining Magazine

Loading & Hauling Drilling & Blasting

Rio Tinto has signed a global supply agreement with Terex Mining. The heavy mobile equipment (HME) agreement provides a basis for continued capital equipment sales, simplifying the procurement process for both companies.

“To reach such an agreement with one of the world’s largest and most diverse mining companies signifies a confidence in the quality of Terex products, customer support and our company as a whole,” said Harry Bussmann, vice president of Terex Mining.

The agreement includes the supply of drills, hydraulic excavators and trucks. The two companies have worked closely at Rio Tinto’s operations in Australia and North America for more than ten years, and the new contract will ensure that Rio Tinto’s HME equipment needs are met at all of its sites.

Scott Lawson, chairman of Rio Tinto’s HME directorate commented: “We are pleased to have reached a long-term agreement with Terex, particularly to have Terex drill rigs under a contractual arrangement, given our large installed fleet and future demands in Australia.”