The mining industry is rapidly adopting automation technology to modernize its operations. Driving this growth are the “BIG 3” technologies, data analytics, digital connectivity, and integrated automation. Mining companies implementing these technologies are quickly realizing a significant increase in productivity and a decrease in expenditure. Some companies have seen productivity rise as much as 15 to 20 percent.
To bring down the overall operational costs, mining companies also need to monitor their workforce and ensure everyone is operating within stipulated parameters. Tracking their valuable assets, better managing their fleet, and monitoring KPI targets both historically and in real-time is becoming more important than ever. Having an “eye in the sky” is incredibly beneficial in this regard for enhancing safety, security, and productivity. A drone can safely access dangerous areas of the mine and quarry and provide comprehensive details of operations in progress. Mined materials can also be better secured by having a bird’s eye view of stockpiles.
Besides these technologies, mining companies are turning to renewable energy to decrease their carbon footprint. With many other significant innovations, the global mining equipment market is expected to grow at a CAGR of 4.6 percent to reach $182,119 million by 2030.
To put the spotlight on other key developments in the industry, Metals and Mining Review illustrates how mining equipment is leveraging the newest tech trends and applications. This edition also features thought leadership articles from subject matter experts. Some of the exclusive insights are authored by Marius Van Tonder, IT Manager at Fraser Alexander; Dorothea “Thea” Soule, Chief Commercial Officer at Ecobat; and Paulo Novaes, Industrial Operations Director at Aperam South America.
In this edition of Metals and Mining Review, we also bring you the stories of top mining equipment providers. In the list, Brelko stands out for its commendable conveyor belt cleaning equipment that ensures a trouble-free flow of materials at transfer and load points, and J.H. Fletcher & Co. for enhancing mining operations with its customized equipment.
Through the following pages, we aim to shine a light on the innovative trends and latest developments in the metals and mining space. We would like to know your thoughts.
