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Rex Minerals entered an agreement with Hitachi for Ultra-class mining equipment worth over $100 million for the Hillside Copper-Gold Project in South Australia. The fleet includes four excavators and 12 haul trucks.
“This strategy of locking in the fleet via an LOI secures the Ultra-class fleet for Rex without any immediate financial commitment and ensures that we can push forward with and adhere to our project timeline.”tradeearthmovers.com.au
Summarized from public sources; check the original articles before acting on it.