FUTURE OF MINING

Komatsu to acquire ABS

Japanese mining equipment manufacturer, Komatsu, is advancing its electrification efforts with plans to strategically acquire American Battery Solutions (ABS), a Detroit-based battery manufacturer.

 ABS develops lithium-ion batteries for industrial use

ABS develops lithium-ion batteries for industrial use

The deal will enable Komatsu to develop and produce its own battery-operated mining equipment. ABS develops and manufactures heavy-duty and industrial battery packs, including lithium-ion batteries...

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