Breakthrough Energy Technology Successfully Powers GE Mining Scoop

  Breakthrough Energy Technology Successfully Powers GE Mining Scoop

  *GE’s Durathon Battery powers GE’s Invertex underground propulsion system
  *New battery technology yields better performance, increased reliability
    and reduced environmental impact

Business Wire

CHICAGO -- September 11, 2013

(NYSE:GE) – GE unveiled that its breakthrough energy storage technology, the
Durathon Battery, has successfully powered GE Mining’s Scoop, an underground
vehicle that transports mining materials, at Coal River Energy, LLC in Alum
Creek, West Virginia. This trial is a major milestone for GE Mining and
represents a long-term commitment to developing market-leading solutions
featuring increased productivity, availability, reduced maintenance costs and
improved performance.

The successful trial of GE's Durathon Battery powered scoop with GE's Invertex
underground propulsio ...

The successful trial of GE's Durathon Battery powered scoop with GE's Invertex
underground propulsion system is a major milestone for GE Mining and
represents a long-term commitment to developing market-leading solutions
featuring increased productivity, availability, reduced maintenance costs and
improved performance. (Photo: GE)

GE Mining and GE’s Energy Storage, two businesses within GE Transportation,
collaborated to combine the Durathon battery, an ecomagination-qualified
product, with GE’s Invertex underground propulsion system to develop a more
advanced and efficient mining scoop.

“We’re encouraged by the test at Coal River Energy and see GE’s Durathon
battery technology as a long-term solution for our mining customers,” said
Prescott Logan, general manager of GE Energy Storage. “With the Invertex
underground propulsion system and our state-of-the-art energy storage
solution, GE Mining will deliver higher efficiency and productivity to mining
customers worldwide while lowering fuel use, emissions and life-cycle cost.”

GE’s Durathon battery technology features a number of benefits that make the
technology faster, cleaner and better than traditional batteries, including at
least 40 percent more operating range. The battery is 25 percent smaller and
50 percent lighter than traditional batteries, enabling more energy to be
stored in a smaller space. The battery-powered scoop operates more effectively
in extreme temperatures and requires no cooling and minimal maintenance.

Additionally, the battery contains no lead acid materials. This eliminates the
release of gases when charging, removes explosive fuel sources underground and
reduces mineworker exposure to diesel particulate matter – three key safety
priorities for the mining industry.

“The Durathon battery powered scoop further underscores GE Mining’s progress
towards bringing the next generation of superior underground mining equipment
to the industry,” said Geoff Knox, CEO of GE Mining. “We are encouraged by
this rigorous testing and look forward to the future benefits this technology
will bring to our customers.”

GE Mining, which continues to drive the industry with breakthrough propulsion
system innovations, acquired Fairchild’s underground mining equipment in 2012.
Following the acquisition, GE Mining initiated a program to combine the
Fairchild underground mining scoop together with GE’s Invertex underground
propulsion system and Durathon battery technology into a state-of-the-art
underground mining solution.

“The scoop performed well and we are eager to see the final product,” said
Carl Estep, maintenance manager at Coal River Energy, LLC. “The lightweight,
high density battery’s ability to reduce maintenance and charging time while
allowing for easier maneuverability will provide advantages over today’s
lead-acid scoops.”

GE Mining will continue testing this technology to ensure it meets customer
needs. The Durathon battery powered scoop is expected to be available in 2014.

About GE Mining

GE Mining makes mining work. Every day we help our customers solve their
biggest challenges by helping them become safer, more productive, more energy
efficient and deliver better returns on their investment. The businesses that
comprise GE Mining - Mining Equipment and technology from the Fairchild and
Industrea product teams, Propulsion Systems and Mining Solutions - work
together to provide integrated power, water, productivity and service
solutions across the mining industry, globally. To learn more visit
http://www.ge.com/mining.

About GE’s Energy Storage Business

GE Energy Storage, a unit of GE Transportation, works to enable safer,
efficient and cost effective storage, distribution and utilization of energy
where it’s needed and when it’s needed. As a global technology leader and
supplier of advanced battery energy storage systems, we provide Durathon
Battery modules and complete energy storage solutions to the Telecom, Energy
Management, Power Generation, Grid Operation, Backup and Motive power
industries. GE Energy Storage is headquartered in Schenectady, New York,
U.S.A. To learn more visit www.geenergystorage.com.

About GE Transportation

GE Transportation, a unit of GE (NYSE: GE), solves the world’s toughest
transportation challenges. GE Transportation builds equipment that moves the
rail, mining and marine industries. Our fuel-efficient and lower-emissions
freight and passenger locomotives, diesel engines for rail, marine and
stationary power applications, signaling and software solutions, drive systems
for mining trucks, underground mining equipment, energy storage systems, and
value-added services help customers grow. GE Transportation has approximately
13,000 employees. For more information visit www.getransportation.com.

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Contact:

GE Transportation Media Contact:
Robert W. Donahue, 814-875-2755 (office)
814-392-7606 (cell)
robert.donahue1@ge.com
 
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