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Stock impact report

New electric truck fleet to boost mine efficiency at Conuma Coal Resources Limited [Canadian Business Journal (Canada)]

SUMITOMO CORP S/ADR (SSUMY) 
NASDAQ:AMEX Investor Relations: sumitomocorp.co.jp/en/ir
TUMBLER RIDGE, British Columbia, Dec. 12, 2019 (GLOBE NEWSWIRE) — Conuma Coal Resources Limited (Conuma) is pleased to announce the replacement of a fleet of haul trucks at its Wolverine Mine with five new Komatsu electric 830E-5 models supplied by SMS Equipment Inc. Conuma is a Canadian metallurgical coal producer with more than 950 employees and three surface mining operations near Tumbler Ridge and Chetwynd in northeastern British Columbia, Canada. Based on comprehensive engineering and financial analysis, Conuma determined that the deployment of new Komatsu 830E-5 haul trucks at Wolverine would meaningfully increase production at the mine, largely due to the improved overall availability of the Komatsu electric drive haul trucks. Contributing factors include easier maintenance and higher durability. The 830E-5’s are also quieter and more fuel-efficient than the existing haul trucks. John Schadan, Conuma’s President, noted that “Conuma is confident that we have chosen the right par Show less Read more
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