Powerscreen heads east into Mongolia
By Lindsay Gale06 September 2011
Powerscreen has reached agreement with its first Mongolian distributor, Wagner Asia Equipment LLC. Established in 1996, Wagner is a privately owned and operated company, one of the largest businesses in the country, and is the prominent supplier of equipment to the Mongolian mining industry. Mongolia has some of the largest mineral deposits in the world - for example, the Oyu Tolgoi copper mine will by 2013 produce 3% of the world's copper and represent 30% of Mongolia's GDP.
According to Powerscreen mining business development manager Allen Smith: "Signing Wagner Asia Equipment will further strengthen the Powerscreen distribution network globally. Mongolia is a fast developing country with some of the world's largest deposits of minerals. Powerscreen's distribution agreement with Wagner Asia Equipment LLC, coupled with the launch of our large XA750S jaw crusher, large XH500 impact crusher; immense 1500 Maxtrak cone crusher, and new flagship Warrior 2400 screen, will establish a strong position in the mining segment and offer customers high productivity and competitive cost of operation, which will benefit the Mongolian market."