It is reported that OMZ Group and OAO UK Kuzbassrazrezugol, the largest Russian coal producer have signed a long term agreement program for 2010-2015.

The program involves the delivery of 23 new excavator models produced by OOO IZ-KARTEÕ to OAO UK Kuzbassrazrezugol including, 12 EKG-18R shovels with 18 cubic meters scoops, 8 EKG-32R shovels with 32 cubic meters scoops and two EKG-50 shovels with 50 cubic meters scoops. The parties have agreed that the excavators will be supplied under financial leasing provided by ZAO Gazprombank Leasing, Gazprombank designated leasing company.

The long term agreement program marks a new stage in many years of mutually beneficial cooperation between OMZ Group and mining facilities of OOO UGMK-Holding. It should be noted that in 2008 OAO UK Kuzbassrazrezugol and OOO IZ-KARTEO have signed an agreement which involves OAO UK Kuzbassrazrezugol acting as a base facility for field testing of new OOO IZ-KARTEÕ machinery.

Within the framework of the agreement Taldinsky coal mine was supplied with new EKG-1500R shovel with 18 cubic meters scoop. Such excavators were not produced in Russia before. EKG-1500R testing began in January 2009 and the model was commissioned in May 2009. During the test run the shovel has reached maximum productivity of 480 thousand cubic meters of ore per month.

In the end of 2009 IZ-KARTEO and OAO UK Kuzbassrazrezugol have signed a contract for the delivery of two EKG-18R and one EKG-32R shovel. This machinery will be delivered in the beginning 2011 also under financial leasing from ZAO Gazprombank Leasing.

The new stage of partnership allows the largest Russian coal mining facility to implement its production development and machinery upgrade programs and facilitates the development of new large excavator models by OMZ Group and promotes the Russian mining equipment on the market.

(Sourced from www.metalinfo.ru)