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▶ Signed a strategic MOU with Indonesia’s Hasnur Group to collaboratively develop mining solutions.
▶ Collaboration areas include supplying mining equipment, developing operational systems, and establishing an electrification ecosystem.
▶ The aim is to utilize Indonesia's mining market as a springboard for expanding global presence in the mining industry.
HD Hyundai Construction Equipment is enhancing its presence in the Indonesian mining sector through a strategic partnership with Hasnur Group, one of Indonesia's leading mining companies.
On the 19th of this month, a memorandum of understanding (MOU) was signed at HD Hyundai Construction Equipment’s Ulsan Campus, with key representatives from both companies in attendance. The ceremony included Choi Cheol-gon, President of HD Hyundai Construction Equipment, and Jayanti Sari, President of Hasnur Group.
With the signing of the MOU, the two companies reached an agreement regarding the following initiatives: ▲the supply of mining equipment, ▲the development of comprehensive mining solutions, ▲the creation of electric excavators, and ▲the establishment of site management systems to foster optimal solutions for mining management.
Hasnur Group will receive equipment from HD Hyundai Construction Equipment and will share operational data to help develop solutions to enhance equipment efficiency.
HD Hyundai Construction Equipment plans to supply mining machinery to Hasnur Group in phases, starting with large wheel loaders. The company aims to propose strategies for optimizing mining operations based on data collected from the field.
Additionally, it will develop a comprehensive ‘Total Mining Solution’ that encompasses equipment supply, maintenance, and site management systems.
Field tests of electrified equipment, including electric excavators, will be conducted at Hasnur Group's mines to accelerate technological progress and develop an electrification ecosystem.
Indonesia is home to the world's largest nickel reserves and has a steadily increasing demand for mining equipment, driven by its diverse strategic mineral resources such as tin and cobalt.
According to global market research firm 6Wresearch, Indonesia's mining equipment market is projected to reach approximately $2.5 billion (around 3.4 trillion won) by 2025, with an average annual growth rate of 8.1% through 2031.
Through this collaboration, HD Hyundai Construction Equipment aims to strengthen its foothold in the Indonesian mining market and expand its global presence in the mining equipment sector.
Choi Cheol-gon, President of HD Hyundai Construction Equipment, stated, “This collaboration will mark a turning point for us, moving beyond merely supplying equipment. It will enhance our capabilities in mining site operation solutions and the development of an electrification ecosystem. We aspire to become a comprehensive solutions provider grounded in digital technology within the global mining market.”
Meanwhile, HD Hyundai Construction Equipment has launched excavators equipped with rock rippers for rock crushing and wheel loaders with fork attachments for stone transportation. The company is also focusing on the development of a 140-ton-class super-large excavator.
<E.O.D>
■ Photo Caption: HD Hyundai Construction Equipment’s 100-ton-class ultra-large excavator.
■ Photo Caption: HD Hyundai Construction Equipment President Choi Cheol-gon (fifth from the left in the front row) and Hasnur Group President Jayanti Sari (sixth from the left in the front row) pose for a commemorative photo following the signing of the strategic business agreement at the Ulsan Campus on the 19th.
HD Hyundai Construction Equipment Enhances Market Presence by Partnering with an Indonesian Mining Company.
2025-06-19
▶ Collaboration areas include supplying mining equipment, developing operational systems, and establishing an electrification ecosystem.
▶ The aim is to utilize Indonesia's mining market as a springboard for expanding global presence in the mining industry.
HD Hyundai Construction Equipment is enhancing its presence in the Indonesian mining sector through a strategic partnership with Hasnur Group, one of Indonesia's leading mining companies.
On the 19th of this month, a memorandum of understanding (MOU) was signed at HD Hyundai Construction Equipment’s Ulsan Campus, with key representatives from both companies in attendance. The ceremony included Choi Cheol-gon, President of HD Hyundai Construction Equipment, and Jayanti Sari, President of Hasnur Group.
With the signing of the MOU, the two companies reached an agreement regarding the following initiatives: ▲the supply of mining equipment, ▲the development of comprehensive mining solutions, ▲the creation of electric excavators, and ▲the establishment of site management systems to foster optimal solutions for mining management.
Hasnur Group will receive equipment from HD Hyundai Construction Equipment and will share operational data to help develop solutions to enhance equipment efficiency.
HD Hyundai Construction Equipment plans to supply mining machinery to Hasnur Group in phases, starting with large wheel loaders. The company aims to propose strategies for optimizing mining operations based on data collected from the field.
Additionally, it will develop a comprehensive ‘Total Mining Solution’ that encompasses equipment supply, maintenance, and site management systems.
Field tests of electrified equipment, including electric excavators, will be conducted at Hasnur Group's mines to accelerate technological progress and develop an electrification ecosystem.
Indonesia is home to the world's largest nickel reserves and has a steadily increasing demand for mining equipment, driven by its diverse strategic mineral resources such as tin and cobalt.
According to global market research firm 6Wresearch, Indonesia's mining equipment market is projected to reach approximately $2.5 billion (around 3.4 trillion won) by 2025, with an average annual growth rate of 8.1% through 2031.
Through this collaboration, HD Hyundai Construction Equipment aims to strengthen its foothold in the Indonesian mining market and expand its global presence in the mining equipment sector.
Choi Cheol-gon, President of HD Hyundai Construction Equipment, stated, “This collaboration will mark a turning point for us, moving beyond merely supplying equipment. It will enhance our capabilities in mining site operation solutions and the development of an electrification ecosystem. We aspire to become a comprehensive solutions provider grounded in digital technology within the global mining market.”
Meanwhile, HD Hyundai Construction Equipment has launched excavators equipped with rock rippers for rock crushing and wheel loaders with fork attachments for stone transportation. The company is also focusing on the development of a 140-ton-class super-large excavator.
<E.O.D>
■ Photo Caption: HD Hyundai Construction Equipment’s 100-ton-class ultra-large excavator.
■ Photo Caption: HD Hyundai Construction Equipment President Choi Cheol-gon (fifth from the left in the front row) and Hasnur Group President Jayanti Sari (sixth from the left in the front row) pose for a commemorative photo following the signing of the strategic business agreement at the Ulsan Campus on the 19th.