Can next-gen connectivity transform mining?

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Can Next Gen Connectivity Transform Mining - Investing

Ericsson believes connectivity will transform how over $1.5 trillion worth of materials are extracted, transported and processed every year from real-time condition monitoring to unmanned drone inspections and smart ventilation control.

The five uses cases in the report, Ericsson says, demonstrate that smart mining increases drilling utilization by 75%

The company collaborated with researchers from management consultancy Arthur D. Little and mining equipment companies Komatsu and Epiroc to identify five use cases on how 5G-ready networks could provide greater safety, profitability and environmental responsibility in the mining industry.

The five uses cases in the report, Ericsson says, demonstrate that smart mining increases drilling utilization by 75%, and can potentially save up to 1,000 lives and prevent 44,000 injuries.

The report includes cases studies on autonomous vehicles, real-time condition monitoring, remote-controlled drilling rigs, unmanned drone inspection and smart ventilation control.

Using smart mining solutions, Ericsson has a partnership with Polymetal to deploy Russia’s first commercial 5G-ready dedicated network at its gold deposit.

(Read the full report here)

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