Ukraine-based DTEK has signed a memorandum of understanding (MoU) with Chinese firm SANY Heavy Equipment to supply mining equipment and coal extraction technologies to Ukraine.
The firms have set out priority areas for cooperation such as supply of equipment and technologies, provision of after-sales service and maintenance and search for optimal ways of financing.
According to the MoU, SANY Heavy Equipment will deliver sets of extraction equipment for two mines and several tunnelling equipment units to DTEK by 2014.
The new equipment will be deployed to mines at Rovenkianthracite and Sverdlovanthracite, which are DTEK's counterparties under financial aid agreement.
DTEK's COO Yuriy Ryzhenkov said that introduction of hi-tech automated tunnelling units for its mining operations will ensure the maximum safety at high productivity.