Successful conversion of miners to hi-chrome media and acceptance of mill liners could lead to further re-rating of AIA Engineering shares
AIA manufactures metal balls with high-chrome content called grinding media, used to crush raw materials across mining, cement, and power industries. Investors also seem excited about the successful completion of trial of a new grinding solution, comprising grinding media, mill liners and discharge system, for a mining company in Latin America (Latam). AIA is holding similar trials with another miner in the same region, and it will be completed in 2-3 months.
