Metalloinvest expands mining and transportation fleet

Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced that it has signed contracts with Management Company Techstroycontract, the official distributor of products of Hitachi Construction Machinery Co., for the supply of two Hitachi EX 5600E - 6 LD electrohydraulic excavators with a 23 cubic metre bucket to be used at the production sites of Metalloinvest's mining businesses. The contracts are part of Metalloinvest's program to acquire high-performance machinery for its mining and transportation operations. The contracts stipulate that the excavators will be delivered to Metalloinvest at the beginning of 2014.