Kuzbassrazrezugol to buy mining equipment from Beijing CATIC

Kuzbassrazrezugol has signed a memorandum of understanding with Beijing CATIC Industry Limited to purchase mining and processing equipment worth $70 million over five years, including two WK-35 excavators and coal processing equipment for two new processing plants.

“The document states the intentions of the coal company to purchase mining and processing equipment from the Chinese manufacturer for a total of $70 million.”eruda.ru

• 1 source
• eruda.rueRUDA.ru - Уралмаш не справляется с выпуском больших экскаваторов, заказы уходят в Китай /новости горнодобывающих,угледобывающих,нефтегазодобывающих компанийDec 13, 2018

Summarized from public sources; check the original articles before acting on it.