Business model
Integrated Mining Haulage Contracting
Loading, hauling and road maintenance with ETF equipment. Fully managed by ETF, paid for per tonne.
What the contract gives you
- /001/
Paid per tonne
A fixed amount per tonne for the full ten years, so you always know your cost per tonne.
- /002/
No capital expenditure
The mine owner finances no equipment. ETF supplies it, operates it and maintains it.
- /003/
Ten year contract
A fleet this size and a workshop on site both need a long commitment on either side.
- /004/
Workshop on site
ETF builds a workshop at your mine and staffs it with technicians, tools and parts.
- /005/
More net mine output
Much narrower haul roads leave more of the pit as mine rather than road.
- /006/
Production in rain, snow and fog
The fleet keeps producing in weather that parks conventional trucks, which shows up quickly in the cash flow of the mine.
- /007/
Fully managed by ETF
Operators, warranty, tyres, spare part availability and mechanics are all ETF responsibility rather than yours.
Different equipment needs a different business model
ETF trucks are not much like the trucks currently available, and the business model behind them is not much like the usual one either.
Capital goods like these have to be maintained properly to reach the technical availability and productivity they are capable of, at the lowest cost per tonne in the industry. That is why ETF does not sell trucks. Equipment is supplied only under an Integrated Mining Haulage Contract, where ETF loads and transports the overburden and ore and maintains the haul roads.
For the customer, the cost per tonne is then fixed and known for ten years. There is nothing to worry about on operators, warranty claims, tyres, spare part availability or mechanics, because ETF handles all of it. The client concentrates on mining.
To do the work properly, ETF builds a workshop on site at the mine and runs it. That gives the client confidence that the factory itself is carrying full responsibility for the equipment.
A Special Purpose Entity is set up in-country for every project and the contract runs inside that company. It also means ETF needs no importers or agents. This equipment takes complete dedication, and that is not something that combines well with carrying other brands.
How a project is set up
Each project runs inside its own in-country company, with an ETF workshop and ETF people on the mine site.
- 01
A Special Purpose Entity is established
ETF sets up a dedicated company in your country for the project, and the contract is carried out within it.
- 02
A workshop is built on site
ETF builds a workshop at your mine and staffs it with technicians, tools and parts, so the factory itself carries responsibility for the equipment.
- 03
ETF loads, hauls and maintains the roads
Overburden and ore transport plus haul road maintenance are ETF's responsibility. Operators, warranty, spare parts and mechanics are all included.
- 04
You pay a fixed rate per tonne, for ten years
No capital expenditure, no importers, no agents. Your cost per tonne is known for the life of the contract, and you concentrate on mining.