Orica and Caterpillar Inc. are collaborating to enhance real-time data exchange and workflow integration across the mining value chain, aiming to enhance decision-making and operational optimisation.
The mining industry is leveraging data, sensors, and intelligence to optimise workflows for real-time decision-making and value chain optimisation. This digitally integrated approach improves safety, productivity, recovery, and sustainability outcomes. To fully realise this, technology domain leaders, customers, and academia must collaborate in an open ecosystem to develop integrated operational workflows linking orebody intelligence, drilling, blasting, material characterisation, and processing.
Orica and Caterpillar have signed a Memorandum of Understanding (MOU) to integrate critical technologies, including Orica’s Rhino™, BlastIQ™, FRAGTrack™, and Cat® MineStar™ Terrain technologies. This will improve on-bench safety, drilling and blasting program accuracy, productivity, and blast outcomes, resulting in enhanced mill performance.
The two companies plan to expand their collaboration to optimise the entire value chain, from mine to mill, aligning with their goals to create sustainable solutions and services, fostering an intelligent and solution-driven mining ecosystem.
“Our customers are looking for every opportunity to optimise the productivity and safety of their mining and processing operations. By combining and leveraging the insights unlocked by Orica and Caterpillar’s technologies, we will be able to provide customers greater access and visibility to the data and information they need to make, better real-time business decisions,” Caterpillar Vice President of Technology & Global Sales support Sean McGinnis said.
“Orica Digital Solutions is excited to be working with Caterpillar across a range of domains as we to better connect the digital and physical worlds to give our customers more timely and actionable insights across their value chains,” Orica Digital Solutions Vice President Rajkumar Mathiravedu stated.
Mathiravedu noted that the mining industry needs increased collaboration among technology players to create connected workflows across various domains to combat value-leakage caused by traditional silos.
“Collaborative end-to-end ecosystems are critical to harnessing the full potential of advances in sensors, data processing and intelligence to enable the development of safer, more sustainable, and productive methods of resource recovery,” he added.
