UZTM-KARTEX

UZTM-Kartex, through its subsidiary Uralmash, has signed a $322 million contract with Coal India Ltd to deliver five electric-powered walking excavators (model ESH24.95) and provide assembly and 11 years of service.

UZTM-KARTEX and Metalloinvest signed a cooperation agreement to jointly develop, produce and test the new EKG-30R mining excavator. Pilot operation is expected to begin in Q1 2022.

UZTM-KARTEX completed manufacturing the first two EKG-18 excavators under a contract to supply 15 units to Elgaugol for the Elga coal deposit in Yakutia. Commissioning is planned for July 2021, with full delivery by end of 2021.

Metalloinvest and UZTM-KARTEX signed an agreement to jointly develop, produce and test the new EKG-30R mining excavator with a 30 cubic meter bucket capacity. Pilot testing is expected to begin in Q1 2022 at Metalloinvest's Lebedinsky GOK or Mikhailovsky GOK.

UZTM-KARTEX Group completed a contract to supply four EKG-12K excavators to Erdenet, Mongolia's state-owned copper mining company, with the last two commissioned in December 2020.

IZ-KARTEX (part of UZTM-KARTEX Group) completed delivery of two EKG-12K excavators to Erdenet, Mongolia's state-owned copper-molybdenum mining company. The excavators were commissioned in December 2020.

Metalloinvest and UZTM-KARTEX signed a cooperation agreement for the second stage of construction of a crushing and conveyor complex at Mikhailovsky GOK. UZTM-KARTEX will supply equipment including a crushing and transfer unit, stacker and conveyors for a flat conveyor with capacity of 35 million tons of ore per year. Total investment in both stages is about 11 billion rubles.

UZTM-KARTEX put into operation a new EKG-18M rope shovel at the Kedrovsky opencast coal mine in Kuzbass, Russia. This is the second machine of the upgraded series, following the first commissioned in May 2020 at the Bachatsky mine.

UZTM-KARTEX, through its subsidiary IZ-KARTEX, signed a contract in June 2020 to supply two EKG-12K excavators to Mongolian copper-molybdenum mining company Erdenet. The excavators will be delivered by the end of 2020 as part of Erdenet's capacity renewal program.

UZTM-KARTEX and Erdenet have signed a strategic cooperation agreement for the supply of mining equipment and the joint production of parts and assemblies at Erdenet's facilities in Mongolia.

UZTM-KARTEX signed a contract worth over RUB 600 million to supply EKG-12K excavators to Erdenet in Mongolia. The first excavator was delivered in April 2019, with a second planned for July 2019.