GE Mining announced that it had finalised the purchase of mining equipment manufacturer, Industrea Ltd. The $700 million transaction, which includes equipment manufacturing and servicing operations in Australia and China, allows GE Mining to expand its product and service offering to bring more efficient, high productivity, and low emission equipment to its mining customers globally.

Industrea Ltd is a provider of safety and productivity-enhancing mining equipment, with more than 700 employees across seven Australian locations, and a significant presence in China. It will form part of the global GE Mining business, headquartered in Brisbane.

1. The GE Water Solutions team had a great time at MINExpo! If you couldn’t join us for the event, or would just like to learn more about our water treatment solutions for the mining industry, visit bit.ly/Sj2MIX.

2. Honey I shrunk the kid! GE Mining's Harry Sachdeva standing by the Komatsu truck.

3. Today we showcased technologies that drive mining customers’ electrical power needs safely, efficiently and reliably. Read more here: is.gd/LQE8rp

GE today highlighted products and services from across its three business units—Digital Energy, Industrial Solutions and Power Conversion—that help mining customers minimize downtime and better manage their electricity needs. GE’s mining products, featured at MINExpo 2012, deliver enhanced power and productivity and are part of the GE Mining business’ broader offering, which was announced earlier this week and brings together the best technologies, people and resources from across GE to help mining customers tackle their toughest challenges.

As the global mining industry expands to deeper, more remote and extreme locations, mine operators are under increasing pressure to find and utilize electrical power more safely, efficiently and reliably. GE is fulfilling this need by offering mining customers innovative solutions that allow them to reliably transmit electricity from the generation source, safely distribute electricity to users and ingeniously convert electricity into motion.

Showcasing its expertise in improving the electrical infrastructure of the mining industry, GE’s Power Conversion business will supply its ecomagination-qualified Quadramatic™ drive technology to Grupo Mexico to support the expansion of its Buenavista copper mining operation in the Mexican state of Sonora. The site is Latin America’s largest ball mill operation.

Grupo Mexico will use GE’s advanced synchronous motor technology to add 84 megawatts (MW) of power at six Buenavista ball mills. Quadramatic motors run at fixed speeds with minimum system losses to promote high efficiency, thus lowering the mine’s energy requirements. GE announced the new order with Minera Mexico—a subsidiary of Grupo Mexico—during MINExpo 2012 in Las Vegas, Nev.

GE Mining demonstrates its Optimization Solutions for rail supply chain management at MINExpo International 2012 in Las Vegas from September 24 to 26.

To help the mining industry meet the challenges of taking a raw material to market, GE’s Optimization Solutions business offers a comprehensive suite of monitoring and predictive software and ondemand services. These solutions enable mining and rail freight customers to optimize outbound logistics, maximize capacity, increase asset utilization and reduce fuel expense and overall operating costs. Fully customizable to meet the transportation needs of mining companies no matter their size or requirements, Optimization Solutions helps mines enhance rail operations, assets, networks and energy use.