{
  "id": 13897599,
  "title": "Zoomlion expands mining machinery sales by 57 per cent",
  "url": "https://urgent.news/2026/10/12/zoomlion-expands-mining-machinery-sales-by-57-per-cent",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T07:25:43.000Z",
  "source": {
    "name": "Vietnam Investment Review",
    "slug": "vietnam-investment-review",
    "url": "https://vir.com.vn/zoomlion-expands-mining-machinery-sales-by-57-per-cent-162623.html"
  },
  "original_language": "en",
  "account": "Changsha, China - The mining machinery division of Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) saw a substantial 57.20% year-on-year increase in the first half of 2026, according to a recent report from PRNewswire. This surge in mining machinery sales was accompanied by a 12.45% rise in company-wide international revenue, reaching RMB 15.535 billion, which accounted for 57.25% of the company's total revenue.\n\nZoomlion's mining machinery business specializes in excavation, loading, haulage, crushing, and screening, with flagship models including the ZE4000G, a 400-tonne mining excavator, and the ZTE520 hybrid electric-drive mining truck, capable of hauling up to 300 tonnes. The company's foundation in mining engineering dates back to 1987 when its predecessor received a State Council award for developing a complete open-pit mining system capable of processing 10 million tonnes per year.\n\nThe growth of Zoomlion's mining business is attributed to the company's focus on reducing equipment operating costs through continuous product development, real-world testing, and the integration of new technologies. To optimize economic benefit, Zoomlion calculates operating costs across the entire equipment lifecycle, showcasing how its pure-electric products can cut costs by over 50%, and hybrid models can boost profitability by 15% or more.\n\nThe company's investment in electrified mining equipment has been significant, with hybrid mining trucks reducing fuel consumption by up to 40%. Zoomlion's ZT160HEV hybrid mining truck can operate autonomously for up to 18 hours. Additionally, the company is leveraging automation and digital technology to enhance mine productivity, having deployed autonomous trucks, remotely operated excavators, and a system to coordinate mining fleets.\n\nInternational markets have also played a crucial role in Zoomlion's expansion, with the company delivering electrified equipment to coal mines in Indonesia, open-pit mines in Argentina, and projects in Ecuador and various African countries. The company's international revenue reached RMB 15.535 billion in the first half of 2026, marking a 12.45% increase year-on-year and accounting for 57.25% of total revenue.\n\nTo support its international business, Zoomlion is strengthening localized manufacturing, sales, and service capabilities, with over 30 primary business hubs, more than 530 secondary and tertiary outlets, and over 300 spare parts warehouses worldwide. In June 2026, the Hungarian aerial work platform factory commenced production, and the German facility was expanded to serve as a multipurpose hub. These efforts in overseas operations and front-line support are enabling seamless coordination through digital connectivity between Zoomlion's global teams.",
  "summary": "Heavy equipment manufacturer Zoomlion expanded its mining machinery business unit revenue by 57 2 per cent during the first half of 2026",
  "key_points": [
    "Zoomlion's mining machinery sales surged 57.20% YoY in H1 2026",
    "International revenue rose 12.45% to RMB 15.535 billion, 57.25% of total",
    "Focus on electrified equipment reduces costs by 50%+"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}