Leading Internet of Things Mining Companies
The future of mining will be shaped by a number of disruptive topics, with the Internet of Things (IoT) being one of the topics that will have a significant impact on mining companies.
Falling sensor prices and computing power are helping miners implement IoT across the value chain. Using vehicle data to improve productivity and efficiency can in turn help reduce emissions, improving ESG credentials. Autonomous drilling, driverless trucks, drones for surveying and safety, wearable technology and predictive maintenance are some of the IoT technologies that could improve mining operations.
However, not all companies are equal when it comes to their capabilities and investments in the key topics that matter most to their industry. Understanding how companies position and rank in the most important topics can be a key leading indicator of their future profit potential and relative competitive position.
According to the report of GlobalData. In Internet of Things Mining Leading IoT adopters include Anglo-American, AngloGold Ashanti, Barrick Gold, PAPFreeport McMoRan, Fortescue Metals, Newmont, Rio Tinto, Teck resources and: Vail.
Insights from top rated companies
Rio TintoThe Mine Automation System (MAS) consolidates data from 98% of the company’s mines into a common data format that can be displayed visually Rio Tinto Visualization (RTVis). The platform combines data collected from autonomous equipment from different manufacturers. AI automatically creates ore models, arranges equipment deliveries, and predicts and controls blasts. The speed and queues of the company’s fleet of autonomous trucks are monitored and optimized so that small incremental gains can lead to significant gains in productivity.
The company is using virtual reality (VR) at its New Zealand aluminum smelter to recreate safety incidents in 3D. Immersive transformations allow Rio Tinto understand what happens during accidents from multiple perspectives, quickly identify root causes of problems, and improve overall safety training.
In July 2021, the company announced it would deploy the world’s first fully autonomous water trucks at its co-developed Goodday-Darry iron ore mine in Western Australia. Caterpillar. Dust suppression machines will digitally track water consumption and reduce waste.
PAP introduced Microsoft HoloLens2 and Dynamics 365 Remote Assist Dash Maintainer Tools to help equipment crews collect key information and data remotely. HoloLens 2 is a head-mounted computer with a transparent display that helps site workers show what they can see. Site workers can also access helpful documents, videos, and schematics. This reduces the number of workers on site, keeping workers safe during COVID-19. Dash Maintainer Tools allow site workers to collect data from vehicles remotely. The tools use IoT sensors on machines and Microsoft Azure cloud services. This means technicians are no longer required to manually check dials.
Anglo-American has invested in its FutureSmart mining initiative, using sensors and analytics to digitize mining. The company has partnered with British technology company Silixa to deploy sensors distributed over a fiber optic circuit. The chain is several kilometers long and allows real-time measurement of mine water flows. The project was located at the Capcoal site in Australia. Anglo-American also installed tablet devices suitable for underground use at its Grastree mine in Australia. The tablets were developed with manufacturer Bartec and can be used for real-time production data and Skype calls. The tablets improve communication underground and will spread to others Anglo-American mines.
To further understand the key themes and technologies disrupting the mining industry, access GlobalData’s latest thematic research report. In Internet of Things Mining. The mining companies featured in our thematic ratings are listed below.