RXM 1.82% 27.0¢ rex minerals limited

On cue from Mining Magazine today. Hitachi trialling world-first...

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    On cue from Mining Magazine today.

    Hitachi trialling world-first battery-electric haul truck

    1

    Truck being put to the test in a Zambian copper mine


    BTW one of the speakers said there is a long queue for fully AI automated Battery Electric haul trucks. He said and I find it difficult to believe, you need to order now for 2035. In any event, I can see RXM are thinking ahead with the way they slotted it in the (Gantt) Chart on future development and are working with the right partner to facilitate that.

    Correction: We've ordered more than the truck we have the excavator as well which is likely more important. (It's a bit like ordering 155M Howitzer shells for the Army and I think we're doing a better job).

    https://announcements.asx.com.au/asxpdf/20230523/pdf/05pyf5f06d1ddp.pdf

    Cheers
    As
    Last edited by arsenic: Today, 13:17
 
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