China's Tricone Bit "Dominate" the Market of South America

On August 8th, another batch of tricone bits from Milalion were loaded and shipped to Peru. This is the company's sixth shipment to the South American market this year, and the largest amount of exported goods this year.

Located in the western part of South America, Peru is rich in mineral resources. Its reserves of silver, copper, lead and gold respectively rank first, third, fourth and sixth in the world, and it is the fifth largest mineral country and the second largest copper producer in the world. The second shipment of Milalion drill bits to Peruvian mines means that "Made in China" has been highly recognized in the South American mining market.

Cone bit is an important tool in mining. The mining of mineral resources mainly uses rock drilling tools such as cone drill bit, jacking type impact drilling tool and DTH type impact drilling tool. In the process of mineral mining, the appropriate tool type is usually determined comprehensively according to the type of rock stratum and mining depth. Its market degree is monopolized by the United States and other Western countries.

Later, the state donated the drill to Southwest Petroleum University, hoping that the school would speed up the scientific research of oil drill technology. After ten years' studying in our country, the technique problem of "sticking neck" of oil bit has been solved successfully. From then on, our country three-cone manufacturing technology advances by leaps and bounds.

In recent years, China's industrialization and urbanization level continues to improve, building, transportation, water conservancy and other infrastructure construction continues to invest, energy and mineral demand continues to grow, driving the demand for mining three-cone continues to improve, but some of the key core components supporting it still rely on imports. Key core technologies cannot be bought, but can only be developed by ourselves. Through school-enterprise cooperation, technology research and development, product research and development, in 2014, the drilling depth of the three-cone drill independently developed by Milalion reached more than 700 meters, wear resistance and life are more than 10% higher than imported products, breaking the monopoly of foreign technology. Mining drill was completely broken by the pattern of western hegemony.

In recent years, Milalion has grasped the advantages of leading products, technology upgrading, product research and development of two-wheel drive in the international market. In 2016, Milalion tri-cone bit began to enter the Peruvian market. After years of continuous technological improvement and innovation, Milalion mining bit has been widely recognized by mining enterprises in Chile, Peru, Brazil, Argentina and other South American mining countries, and has established a stable market, becoming one of the main products in the field of mining bit in South America.