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The Cryptonomics™ > Mining > XCMG indicators MoU with Chile’s copper mining big Codelco
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XCMG indicators MoU with Chile’s copper mining big Codelco

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Last updated: March 8, 2026 1:37 am
admin Published March 8, 2026
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XCMG indicators MoU with Chile’s copper mining big Codelco


On March 3, XCMG and Codelco signed an MoU in Chile, with Liu Jiansen, Vice President of XCMG Equipment, and Mauricio Acuna, Chief Procurement Officer of Codelco, attending the signing ceremony. It follows a go to to the XCMG manufacturing unit in Xuzhou in February by Codelco Chairman Maximo Pacheco when he met with Chairman at XCMG, Yang Dongsheng.

XCMG states: “At current, world mine operations put ahead increased necessities for security, power consumption, environmental safety and effectivity, and the electrification and clever transformation of mining gear has develop into an business consensus. This cooperation is a vital improvement in XGMG’s strategic plan to deepen its integration into the worldwide mining business chain and serve massive worldwide mining prospects.”

It follows shut engagement bulletins and contracts with different main world miners by XCMG together with Fortescue, Rio Tinto and BHP. XCMG does have already got mining gear in Chile – together with its XDE130 truck at Pucobre’s El Espino venture, however this new MoU has the potential to take its place in Chile to a brand new degree.

​​In recent times, XCMG says it has continued to extend funding within the analysis and improvement of latest power and clever know-how, and has developed a full suite of zero-carbon mining gear overlaying all electrical inflexible and large physique mining vans, together with cabless and autonomous functionality, massive electrical mining excavators, massive electrical loaders and dozers.

​​Amongst them embrace the 100 unmanned all electrical mining vans which have achieved large-scale operation at China Huaneng’s Yimin coal mine in Interior Mongolia utilizing battery swapping know-how. XCMG: “Along with Australian mining giants, we’re driving the worldwide technique of zero emission mines. As well as, XCMG’s new power heavy vans have been exported to just about 100 international locations and areas, and the market share continues to guide.”

XCMG described the signing as not solely an vital step for XCMG to deepen its South American market structure, but additionally a landmark final result of the deepening cooperation between China and Chile within the area of mining gear. “Sooner or later, XCMG will proceed to drive know-how innovation, work with world companions to advertise the event of mining gear to a safer, cleaner and smarter path, and contribute XCMG’s options to the inexperienced transformation of worldwide mining.”

 



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