Mining's automation trend powers ahead

Autonomous mobile fleets seem certain to become a staple part of new, larger-scale mining projects around the world, as planners charged with ensuring high capital returns and maximising overall project value are forced to include the technology in their calculations. That is a central conclusion to be drawn from an RFC Ambrian report questioning slow technology adoption rates in an industry apparently striving to reinvent itself in the eyes of long-term investors and future employees

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Caterpillar and Fortescue Metals Group among the frontrunners in mine automation push

Part two of a series put out of the London office of the mining and metals investment advisor and broker, the report says theoretical improved investment returns from autonomous surface mining