Top 3 Technological Innovations For Mining Companies

1
Top 3 Technological Innovations For Mining
Companies
https//www.qltech.com.au/
2

• Mining is not only one of the most lucrative
  business, but it is also growing exponentially in
  terms of technological innovations.
• The onset of artificial intelligence (AI),
  internet of things (IoT) and biotechnology are
  driving the mining revolution at a rapid scale
• Now the question is how would the mining leaders
  capitalise on these innovations while ensuring a
  stable production line?
• Firstly you have to ask yourself these
  fundamental questions
• What improvements does the new technology bring
  within the value chain?
• Would radical technology disrupt the value chain?
• What actions can mining executives take in
  future?

3
1) Big Data

• Big data drastically reduces the cost of
  exploration which is highly useful. Considering
  the spike in exploration spending on elusive
  resource discoveries.
• Using the troves of data collected from existing
  equipment and monitoring devices.
• The sensor technology provides potency to this
  approach Using contactless molecular sensors to
  analyze the characteristics of the ores.

4
(No Transcript)
5
2) Autonomous Cargo to Streamline Supply Chain

• Use of Autonomous rails to traverse within the
  mines will not only expand the supply chain
  capacity
• This technology in combination with universal
  quantum computers will augment data-crunching
  capabilities by orders of magnitude.
• Together, these advances will enable mining
  companies to achieve an advanced level of supply
  chain optimization.

6
(No Transcript)
7
3) Real-time data for mining processing

• Real-time data is expanding the marketing
  intelligence to help the mining companies
  capitalize
• On the commodity markets through supply chain
  transparency and downstream integration.
• Connecting sensors to the equipment in the mining
  sites and feeding the real-time data to the
  mining companies main control room.
• One of the examples of real-time data application
  is the smart helmet equipped with sensors and
  augmented reality (AR) to detect hazardous
  regions with the mining site.

8
(No Transcript)
9
Contact us to Know More about Mining Technology
You are just an e-mail away. Drop a line at
support_at_qltech.com.au Australia 61 8 6262
3559 India 91 79 4006 1419
https//www.qltech.com.au/industries/mining/