http:\/\/im-mining.com\/2014\/04\/16\/joy-global-acquires-certain-assets-of-mining-technologies-international<\/a><\/em>. Joy at the time took on \u201call of the assets associated with MTI\u2019s hard rock drilling, loaders, dump trucks, shaft sinking, and raise bore product lines.\u201d<\/p>\nThe Komatsu buyout of Joy Global brings together a lot of key mining equipment. On the surface on Komatsu\u2019s side it includes its electric drive mining trucks (up to the new 980E 365 t model just being rolled out to test sites at Suncor and at Antamina) and its pioneering Autonomous Haulage System for trucks; its highly successful hydraulic excavator line up to the 42 m3 bucket, 800 t PC8000; and then its wheel loaders up to the WA1200 with 20 m3 bucket. Joy Global\u2019s brings its P&H rope shovels up to the 122.7 t capacity 4800XPC and new hybrid 2650CX; its own wheel loaders equipped with SR Hybrid Drives up to the 72.6 t capacity L-2350; as well as its dragline offering and High Angle Conveyor (HAC) solutions as well as its range of potential IPCC solutions.<\/p>\n
Underground it opens up that whole market for Komatsu; which will now have an offering for its surface mining customers planning to move to underground operations. Joy\u2019s range includes LHDs from 0.7 to 10 t and truck options from 6.4 to 31.8 t. Unlike Caterpillar, Joy also has an underground development drilling range with six models of jumbo (both one and two boom), as well as two ITH production drills. It also gives Komatsu an entry into continuous hard rock mining, with Joy\u2019s DynaCut offering with Oscillating Disc Cutting (ODC) technology preparing to start full trials in Australia with a proof-of-concept underground trial having already been completed at the Bathopele mine of Anglo American Platinum. Last but by no means least are the soft rock and coal longwall systems and room and pillar mining offerings that Joy is best known for, with associated offerings like the Flexible Conveyor Train (FCT).<\/p>\n
It is unclear how the merger will affect the GE relationship with Komatsu on underground equipment given that GE is going down its own hard rock underground mining equipment path with models such as the 7T LHD. That said, GE and Komatsu will continue to work as close partners on surface trucks, where GE AC drives are used across the board\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"
The biggest move in mining equipment supply consolidation since Cat bought Bucyrus was announced this week, as Joy Global Inc, the global supplier of high-productivity mining solutions, announced that its Board of Directors had unanimously approved a definitive merger agreement under which Komatsu America Corp, a subsidiary of Komatsu Ltd, will acquire Joy Global in … Continue reading “Komatsu and Joy come together in new one stop shop mining OEM”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6,36],"tags":[],"class_list":["post-1674","post","type-post","status-publish","format-standard","hentry","category-mines-and-quarry","category-new-ideas"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-r0","jetpack-related-posts":[{"id":2364,"url":"https:\/\/yinghuiinternational.com\/index.php\/2017\/05\/22\/earthmoving-equipment-giant-komatsu-has-completed-its-acquisition-of-renowned-extractive-equipment-company-joy-global\/","url_meta":{"origin":1674,"position":0},"title":"Earthmoving equipment giant Komatsu has completed its acquisition of renowned extractive equipment company Joy Global.","author":"yinghui","date":"May 22, 2017","format":false,"excerpt":"After officially acquiring Joy Global, Komatsu will now provide a full range of mining equipment. KOMATSU ACQUIRES JOY GLOBAL, EXPANDS MINING BUSINESS Posted May 15, 2017 | By Talia Paz \u2022 Staff Journalist Following a 2016 agreement to purchase Joy Global for USD$3.7 billion (AUD$4.9 billion), Komatsu has completed its\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2329,"url":"https:\/\/yinghuiinternational.com\/index.php\/2017\/04\/10\/joy-global-to-be-renamed-komatsu-mining\/","url_meta":{"origin":1674,"position":1},"title":"Joy Global to be renamed Komatsu Mining","author":"yinghui","date":"April 10, 2017","format":false,"excerpt":"Japanese based industrial machinery provider Komatsu has completed its acquisition of Joy Global, expanding its global mining services business. Under the approximately $3.7 billion acquisition, Joy Global will be renamed Komatsu Mining Corp and will keep its headquarters in Milwaukee in the United States. The company will operate as a\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1672,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/07\/21\/komatsu-buys-joy-global\/","url_meta":{"origin":1674,"position":2},"title":"Komatsu buys Joy Global","author":"yinghui","date":"July 21, 2016","format":false,"excerpt":"Posted by Paul Moore On July 21, 2016 0 Comment Joy Global Inc, the global supplier of high-productivity mining solutions, has announced that its Board of Directors has unanimously approved a definitive merger agreement under which Komatsu America Corp, a subsidiary of Komatsu Ltd, will acquire Joy Global in a\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"UG Load Haul","src":"https:\/\/i0.wp.com\/im-mining.com\/wp-content\/uploads\/2016\/07\/UG-Load-Haul-720x480.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/im-mining.com\/wp-content\/uploads\/2016\/07\/UG-Load-Haul-720x480.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/im-mining.com\/wp-content\/uploads\/2016\/07\/UG-Load-Haul-720x480.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":2322,"url":"https:\/\/yinghuiinternational.com\/index.php\/2017\/04\/06\/komatsu-acquires-queensland-based-mine-solutions-provider-mineware\/","url_meta":{"origin":1674,"position":3},"title":"Komatsu acquires Queensland based mine solutions provider MineWare","author":"yinghui","date":"April 6, 2017","format":false,"excerpt":"Komatsu\u2019s Australian subsidiary has acquired MineWare, a mining equipment solutions provider based in Queensland. MineWare provides systems for loading equipment such as draglines as well as rope and hydraulic shovels in mines, enhancing their payloads and visualising excavating positions. It also has an advanced technology portfolio to improve the loading\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2144,"url":"https:\/\/yinghuiinternational.com\/index.php\/2017\/02\/01\/smart-mining-market-set-to-boom\/","url_meta":{"origin":1674,"position":4},"title":"Smart mining market set to boom","author":"yinghui","date":"February 1, 2017","format":false,"excerpt":"The smart mining market is on track for substantial growth in the coming years, a new report by Transparency Market Research has found. According to the report, the global smart mining market was valued at $US5.98 billion in 2014 and is projected to reach $US22.59 billion by 2024. This equates\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1324,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/04\/06\/%e6%9c%80%e6%96%b0%e6%8c%96%e6%8e%98%e6%9c%ba\/","url_meta":{"origin":1674,"position":5},"title":"\u6700\u65b0\u6316\u6398\u673a","author":"yinghui","date":"April 6, 2016","format":false,"excerpt":"In this month\u2019s Spotlight article, Paul Moore reviews new machines and best practice across hydraulic excavators, rope shovels, wheel loaders and surface drills. There have been a number of new excavator launches, from Hitachi, Liebherr, Komatsu and others, while autonomous drilling is really advancing and moving from trials of single\u2026","rel":"","context":"In "\u65b0\u6280\u672f\u65b0\u4ea7\u54c1"","block_context":{"text":"\u65b0\u6280\u672f\u65b0\u4ea7\u54c1","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/new-tech-new-product\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/1674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=1674"}],"version-history":[{"count":1,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/1674\/revisions"}],"predecessor-version":[{"id":1675,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/1674\/revisions\/1675"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=1674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=1674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=1674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}