In its Annual Report for 2019, published today, Liebherr Group had some interesting comments to make on the performance of its Mining Division. Growth was relatively flat with the division achieving revenues of €1,071 million, increasing its sales by €1 million, or 0.1 %, compared to the previous year.
The importance of the Australian and Indonesian market and its key customers there like contract miner Thiess and the big Indonesian coal mining groups is highlighted by the fact that the Asia and Oceania market accounted for some 55.4% of turnover, followed by Central & South America (14.2%), Africa, Near and Middle East (also 14.2%) then other non-EU apart from North America (8%), North America (6.1%) and EU (2.1%).
The company states: “In 2019, the mining industry remained quite stable, showing a slight downward trend by the end of the year. Given this development, the Mining division could slightly increase its overall revenues and market shares by, amongst others, improved sales with new machines. Growth drivers turned out to be North America with important gains in the USA and in Canada. While sales levels declined in the European Union, the business in Russia could counter this development with very favourable revenues. The division also reported moderate gains in Asia and Oceania with growth impulses generated by Pakistan and China. In Africa, Near and Middle East the division experienced a modest sales downturn.”
A real highlight for the division was the delivery of the last 12 of a fleet of 30 T 284 trucks to First Quantum Minerals, Ltd (FQML) for the Cobre Panamá mine, the biggest copper mine in the world. Following its aim to conquer new markets, the division also accepted a challenging order of 28 R 9100 mining excavators with 100 t operating weight for the Thar Block I coal mine in Pakistan. “Furthermore, the division is extremely happy to have concluded frame contracts with large mining companies that will provide good security for future deliveries and aftersales turnover for multiple years.”
The Pakistan excavators are understood to be R 9100B backhoe models, and the first have already been shipped in late 2019 to the customer, Sino Sindh Resources, whose 7.8 Mt/y mine will supply the Thar Coal Block 1 Power Generation Company’s power plants (2 x 660 MW) with coal for a 30 year period.
As far as product development is concerned, the Liebherr Mining Division invested mainly in increased safety and performance, as well as fuel efficiency. Special emphasis was put on the “zero-emissions mine” with an improved trolley system development that allows all truck sizes to be supplied with energy through an overhead electric line providing electric energy straight into the truck drivetrain. The division also made another important step towards the automated mine site by successfully equipping hydraulic excavators with a system that enables operator assistance through digging, which is the first step towards autonomous excavator operation.
