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Stock impact report

Hitachi delivers electric excavator to Rudnik uglja Pljevlja [Yahoo! Finance]

HITACHI CONST MACH UN/ADR (HTCMY) 
NASDAQ:AMEX Investor Relations: hitachicm.com/global/investor-relations
Company Research Source: Yahoo! Finance
West Balkans Machinery (WBM), the authorised Hitachi dealer, supplied the 250t machine, marking the first delivery of the electric model in Europe. The excavator will be used for coal extraction at the Pljevlja coal mine. The mine previously operated using diesel-powered hydraulic excavators and dragline equipment but recently shifted towards electric models as part of a programme to modernise and improve operational efficiency. Its fleet includes three other Hitachi EX machines: an EX2600-6 delivered in 2019, and the EX1200-6 and EX1200-7 models that arrived in 2019 and 2022, respectively. The company decided to invest in the electric-drive excavator to reduce long-term operating costs, benefit from less complex maintenance and ensure constant torque thanks to its 860kW electric motor. The availability of locally generated electricity from the adjacent Pljevlja Thermal Power Plant shaped the decision, enabling the mine to decrease its use of imported diesel fuel. Hitachi Show less Read more
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