By Denny Jacob

Power company Cummins Inc. and construction and mining equipment manufacturer Komatsu Ltd. on Tuesday said they have signed a memorandum of understanding to collaborate on the development of zero-emissions haulage equipment.

The two companies said they will initially focus on zero emissions power technologies including hydrogen fuel cell solutions for large mining haul truck applications.

The collaboration with Komatsu is part of Cummins' strategy to reduce the greenhouse gas and air quality impacts of its products and reach net zero emissions by 2050, it said.

"Komatsu's deep expertise in mining and equipment design and integration paired with our advanced power technologies including hydrogen fuel cells will accelerate decarbonization of mining equipment," said Amy Davis, vice president and president of new power at Cummins, in prepared remarks.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

June 28, 2022 15:36 ET (19:36 GMT)

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