GFS Corp Appoints Peruvian Distributor for LNG Mine Truck Conversion Systems

| USA and Peru

GFS Mine Haul Truck (generic image)GFS Corp (GFS), maker of the EVO-MT™ Systems that allows large mine haul trucks to operate on a combination of Liquefied Natural Gas (LNG) and diesel fuel, has appointed FNX Technologies (FNX) as its Master Distributor in Peru. FNX will be the exclusive distributor.

GFS Corp’s technology is an aftermarket conversion system that allows 100+ ton haul trucks to operate using a combination of LNG and diesel fuel. In many parts of the world, LNG is available at a substantial cost savings over diesel fuel. The EVO-MT System brings a significant fuel cost saving to mines that access LNG, a cleaner burning and more sustainable fuel source.

“As home to some of the largest mines in the world, we have long considered Peru a natural market for our EVO-MT systems, and are pleased to have FNX join our family of select distributors”, said George Aguilera, Executive VP of GFS Corp.

Currently GFS Corp offers conversions systems for four truck models, Caterpillar 777 and 793 as well as the Komatsu 830 and 930. Both Caterpillar and Komatsu systems have been in daily operation at mines in the western United States successfully accumulating tens of thousands of hours of run time while allowing significant fuel cost savings to the operators.

“In today’s competitive mining environment, GFS and FNX can provide Peruvian miners with a means to lower operating costs and enhance the countries position as a mining powerhouse”, said Martin Paituvi, President of FNX Technologies.

FNX offers integrated solutions facilitating the mobility of Natural Gas, from the well head to the end user, that may include small-scale liquefaction plants to meet the requirement of industrial users, fleet operators, railway operators and mining companies requiring 15,000 to 75,000 gal of LNG per day.

(Source: GFS Corp)

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