TECO Electric & Machinery has signed an MOU with Danfoss Taiwan to enhance energy efficiency in the Asia-Pacific mining sector.
By combining TECO’s motors and Danfoss’ inverters, the partnership aims to provide high-efficiency power solutions, particularly in resource-rich countries like Australia and Indonesia.
The collaboration focuses on customized motor-drive systems for mining, improving operational efficiency and sustainability.
The move targets the growing demand for key minerals such as lithium, copper, and nickel, driven by the global energy transition.
