Elphinstone announces the acquisition of MED Pty Ltd
In March 2023 Elphinstone announced the acquisition of MED Pty Ltd, the owner and manufacturer of the underground Mine Extraction Device (MED) developed by the founder of Beltor Engineering, Aldo Beletich back in the 1980s. Also known as the “Beltor Puller”, Elphinstone now owns the intellectual property and is not the sole owner and manufacturer of the original mine extraction device.