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GFS Corp selects FNX Technologies for LNG conversions

LNG Industry,

GFS Corp has appointed FNX Technologies as exclusive distributor in Peru for its LNG mine truck conversion systems.

FNX Technologies will be the exclusive distributor in Peru for the EVO-MT™ Systems. 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.

The EVO-MT System brings a significant fuel cost saving to mines that that have the availability of LNG. Additional benefits are also obtained, as LNG is 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," commented 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.

"FNX looks forward to working with GFS to introduce this exciting technology to the Peruvian mining sector. 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," added Martin Paituvi, President of FNX Technologies.

Adapted from press release by Katie Woodward

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