1 Autonomous Mining Equipment and Vehicles Key Raw Materials
The upstream suppliers of autonomous mining equipment and Vehicles are mainly parts suppliers of autonomous driving technology and parts suppliers of mining equipment.
Specifically, it includes truck and equipment component suppliers (tires, engines, bearings, chassis, braking systems, etc.), autonomous driving-related component suppliers (chips, radar, lidar, sensors, GPS, cameras, etc.).
Table Autonomous Mining Equipment and Vehicles Key Raw Materials Suppliers
Raw Material | Suppliers | Contact Information |
Truck And Equipment Component | ABB | Web: www.abb.com Tel: 41-43-317-71-11 Add: Affolternstrasse 44 PO Box 8131 Zurich, 8050 Switzerland |
Cummins Inc | Web: www.cummins.com Add: Box 3005, Columbus, IN 47202-3005 U.S.A. | |
Rolls-Royce Solutions GmbH | Web: www.mtu-solutions.com Tel: +49 7541 90 0 Add: Maybachplatz 1 88045 Friedrichshafen Deutschland | |
Honeywell International Inc | Web: www.honeywell.com Tel: 1-973-455-2000 Add: 115 Tabor Road Morris Plains, NJ 07950 United States | |
Siemens | Web: www.siemens.com Tel: 49 180 524 70 Add: Freyeslebenstrasse 1, Erlangen 91058, Germany | |
Autonomous Driving-Related Component | Mobileye Global Inc | Web: www.mobileye.com Add: Har Hotzvim 13 Hartom Street Jerusalem, 9777513 Israel |
Ouster | Web: ouster.com Add: 350 Treat Avenue San Francisco, CA 94110 United States | |
Innoviz | Web: innoviz.tech Tel: +972-74-700-3692 Add: 5 Uri Ariav st. Building C, Nitzba 300 Rosh Ha’ayin 4809202, Israel | |
Luminar Technologies | Web: www.luminartech.com Add: 12601 Research Parkway Orlando, FL 32826 United States | |
Robert Bosch GmbH | Web: www.bosch.com Tel: +49 711 400 40990 Add: Robert-Bosch-Platz 1 70839 Gerlingen-Schillerhöhe GERMANY |
2 Autonomous Mining Equipment and Vehicles Customer List
The customers for autonomous mining equipment and vehicles include Newmont Goldcorp, Barrick Gold, Agnico Eagle Mines, BHP Billiton Group, Ansteel Group Corporation Ltd., ArcelorMittal S.A, Outokumpu, and Rio Tinto Plc.
Table Autonomous Mining Equipment and Vehicles Customer List
Customers | Contact Information |
Newmont Goldcorp | Web:www.newmont.com Tel: 303.863.7414 Add: 6900 E Layton Avenue Suite 700 Denver, CO 80237 USA |
Barrick Gold | Web: www.barrick.com Tel: +1 416 861-9911 Add: 161 Bay Street, Suite 3700 Toronto, Ontario M5J 2S1 Canada |
Agnico Eagle Mines | Web: www.agnicoeagle.com Tel: +1 (416) 947-1212 Add: 145 King Street East, Suite 400 Toronto, Ontario, Canada M5C 2Y7 |
BHP Billiton Group | Web: www.bhp.com Tel: 3-9609-3333 Add: 171 Collins Street Melbourne, VIC61- 3000 Australia |
Ansteel Group Corporation Ltd. | Web: en.ansteel.cn Tel: (86-412)673030 Add: 63 in liaoning province tiedong district May Day street, China |
ArcelorMittal S.A. | Web: corporate.arcelormittal.com Tel: 352-4792-1 Add: 24-26, Blvd d₣ 1/64 13/32Avranches Luxembourg, L-1160 Luxembourg |
Web: www.outokumpu.com Tel: 1-251-829-3655 Add: 1 ThyssenKrupp Drive Calvert, AL 36513 United States | |
Web: www.riotinto.com Tel: 44-20-7781-2000 Add: 6 Saint James’s Square London, sW1Y 4AD United kingdom |
3 Key Development Trends
‘The use of Autonomous Mining Equipment and Vehicles in developing countries such as Asia-Pacific is increasing’
the autonomous mining equipment and vehicles industry in Europe and the United States started early. Some of the mine operations of large mining companies in Europe and the United States have adopted autonomous mining equipment and vehicles products.
For example, the British Rio Tinto Group’s Gudai-Darri iron ore mine in Australia has begun to adopt autonomous mining equipment and vehicles products. in recent years. The mining industry in China, India and other regions has also begun to gradually use Autonomous Mining Equipment and Vehicles products.
‘Technological progress’
In terms of technology, with the improvement of computing power and design optimization of various intelligent driving chips, the computing power foundation is gradually improved. 5G technology accelerates information transmission. The upgrade of automobile electronic architecture further enhances the degree of automobile intelligence. Intelligent driving technology gradually matures. Related technological changes mainly include the upgrade of automobile chip technology to strengthen the computing power basis of intelligent driving, the advancement of communication technology to promote the trend of automobile networking, and the changes in automobile electronic architecture to usher in opportunities for the development of automobile software.
In terms of products, automotive electronics and intelligent driving manufacturers have launched various types of products covering the sensing, decision-making and execution layers, promoting the gradual productization of technology.
For example, in the perception layer, major manufacturers have launched products such as sensors and vision cameras. At the application layer, new technologies such as cloud computing and big data are gradually being commercialized, promoting the continuous enrichment of the intelligent driving product matrix. Therefore, the continuous development and advancement of technologies related to Autonomous Mining Equipment and Vehicles is the most significant development method of the Autonomous Mining Equipment and Vehicles industry.
4 Market Challenges
As the application of autonomous driving in mines deepens, the complexity of scenarios continues to deepen, which will bring new challenges to autonomous driving manufacturers:
As the scale of future applications expands, the complexity of the corresponding scenarios will also increase significantly, which will place higher requirements on the platform’s dispatching capabilities and vehicle decision-making capabilities.
Different working conditions in various mining areas will pose challenges to the reliability and versatility of the technology.
At present, each mining area is basically provided by a single manufacturer. As the scale of application expands, there may be obstacles to interconnection between equipment from different manufacturers.
With the deepening of commercialization in the future, industry regulatory authorities will inevitably put forward clearer requirements for the safety regulations of autonomous driving in mining areas. Intelligent upgrades extend from driverless driving to the entire mining area and face many challenges.
5 Market Restraints
Good financial security is the basis for entering the Autonomous Mining Equipment and Vehicles industry. On the one hand, the production line of Autonomous Mining Equipment and Vehicles and its substrates has a large fixed investment in the early stage, mainly including the construction of land and workshops and the purchase of automated production line equipment.
On the other hand, companies in the Autonomous Mining Equipment and Vehicles industry currently purchase raw materials from upstream It is necessary to ensure the timely supply of raw materials and maintain a certain amount of stock, so that the procurement of raw materials occupies more working capital of the enterprise. Therefore, both fixed investment and daily investment require a large amount of capital, which constitutes a certain obstacle for small and medium-sized enterprises with limited financial strength to enter the industry.
6 Industry News
Table Industry News
Industry News | Descriptions |
Caterpillar Successfully Demonstrates First Battery Electric Large Mining Truck and Invests in Sustainable Proving Ground November 22, 2022 | Caterpillar Inc. (NYSE: CAT) announced a successful demonstration of its first battery electric 793 large mining truck and a significant investment to transform its Arizona-based proving ground into a sustainable testing and validation hub of the future. Caterpillar completed development of its first battery electric 793 prototype with support from key mining customers participating in Caterpillar’s Early Learner program. Participants of the program with definitive electrification agreements include BHP, Freeport-McMoRan, Newmont Corporation, Rio Tinto and Teck Resources Limited. |
Hexagon introduces autonomous mining portfolio 12 June 2023 | Hexagon’s Mining division today introduced HxGN Autonomous Mining, a portfolio that protects people and equipment while addressing the challenges of operational productivity and decarbonisation. By helping to autonomously manage vehicle traffic, improve fleet situation awareness and introduce drill automation, the new portfolio empowers mines to future-proof operations with the foundational building blocks of full operational autonomy. These building blocks include tools providing autonomous world perception, path planning in both manned driver-assist and autonomous operation, and machine intervention up through control on mining vehicles and drills primarily in open cast environments and haulage operations. |
