Multidrive’s M8-40 high performance hauler has been proposed for the transportation of ore at a new rare earth mine in Alaska.
As with other sectors of the metals mining industry, rare earth mining has had a tough time recently. However, industry analysts are expecting magnet materials to experience significant demand growth over the next five years. Projects with high exposure to these materials and with a low-cost base are in a good position to exploit the anticipated growth.
The M8-40 is ideal for operating in the harsh climatic conditions and challenging steep terrain. The 420 BHP engine, 6-speed, automatic transmission with two speed transfer box and hub reduction axles provide ample traction. Where the haul route is suitable the high speed ability of the M8 can be exploited and with the ability to power up the steep grades, cycle times are minimised.