Fuel Cell Mine Loader To Hit Market in 5 Years
PUERTO VALLARTA, Mexico, Feb 16 (Reuters) - Denver-based Fuelcell Propulsion Institute, a not-for-profit developer of fuelcell-powered vehicles for the mining industry, said on Friday its new loader for underground mines would be ready for commercial sales within five years.
The new loader, which cost about $12 million to develop, promises to help mining companies chop as much as 30 percent from mine ventilation costs as it reduces the need for expensive systems designed to expel emissions from diesel-operated vehicles.
"This new vehicle addresses ventilation problems that are experienced primarily in underground mines,"Arnold Miller, who leads the Fuelcell Propulsion project, told an international mining convention in the Pacific resort town of Puerto Vallarta.
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