Category: Equipment & Technology

The number of autonomous haul trucks in operation globally reached 1,068 by May 2022, representing an annual increase of 39%, according to figures tallied by GlobalData. The UK-based data analytics firm also expects this total to exceed 1,800 (a 70% increase on current levels) by the end of 2025. The major additions this month came from BHP, which has plans to automate up to 500 haul trucks across its Western Australia iron ore and Queensland coal mines through to 2023. Both Canadian Natural Resources and Suncor Energy also plan to add… Read More Here

Swedish engineering group Sandvik on Tuesday set in place new measures to cut costs and raised its long-term financial targets as uncertainty continued amid the conflict in Ukraine. Among its new measures, the maker of metal-cutting tools and mining gear said it would consolidate production units and close sites in a bid to save an annual 600 million Swedish crowns ($60 million). Sandvik said it was targeting higher revenue growth of at least 7% through a business cycle, organically and through acquisitions, and adjusted operating margin (EBITA) of 20-22%. Its previous targets had been for at least 5% revenue growth and 16%… Read More Here

lobal technology company Hitachi Energy has been selected as a technology vendor in the Charge On Innovation Challenge. Founded by BHP, Rio Tinto and Vale, together with multiple industry patrons, the initiative sees the world’s mining industry unite to solve one of the biggest challenges in decarbonising mining operations – the electrification of haul trucks. Hitachi Energy’s proposal met the judges’ rigorous criteria for interoperable solutions, the company says. The flexible design enables electricity to be safely delivered to large battery-powered off-road electric haul trucks, while maintaining or improving productivity… Read More Here

Finnish mining equipment maker Metso Outotec will group its portfolio of intelligent instruments under the new “Sense” range. The company said the instruments portfolio is designed to solve specific process challenges and enable optimization for minerals and hydrometallurgical processes. “Metso Outotec Sense series includes specialised instruments that provide data for analytics and a better understanding of processes. They utilize the latest technologies, such as artificial intelligence (AI) and neural networks for extra insight. These additional tools for process problem solving and data mining can significantly help improve production within customer… Read More Here