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CR Powered by Epiroc plants roots in Saudi Arabia with Rasi Investment Co partnership

Equipment maintenance, Mining equipment, Mining services, , , , , , , ,

CR Powered by Epiroc says it has solidified its presence in the rapidly growing mining sector of the Middle East by signing a dealership agreement with Rasi Investment Co., a prominent investment firm in Saudi Arabia involved in mining, contracting, real estate, IT and trading.

This strategic partnership, facilitated by Austrade, represents a significant advancement for CR Powered by Epiroc in meeting the increasing demands of Saudi Arabia’s dynamic mining industry, it says.

Eng Meshary Al-Ali, Chairman of Rasi Investment Co, stated: “Partnering with CR Powered by Epiroc, the leading supplier of ground engagement tools (GET) and digital solutions, enables our mining operators in the Kingdom to source application-appropriate tools while considering engineering, manufacturing, and supply chain variables. This collaboration will help reduce downtime and increase productivity by at least 5%.”

As Saudi Arabia ramps up its adoption of advanced mining technologies, the heavy equipment market is projected to exceed $4 billion. The Kingdom is actively seeking to tap into its untapped mineral reserves, which have surged from a 2016 estimate of $1.3 trillion to $2.5 trillion, according to Minister of Industry and Mineral Resources, Bandar Al Khorayef. These reserves include essential resources such as copper, gold, phosphates, zinc, and uranium, underscoring the need for cutting-edge mining equipment and digital solutions.

In alignment with Saudi Vision 2030, the country’s comprehensive roadmap for economic development and diversification, the mining sector has been identified as the third pillar of the Kingdom’s economy, alongside petroleum and petrochemicals. By 2030, the sector is expected to contribute 240 billion Saudi riyals ($64 billion) to the GDP, marking a fourfold increase from 2015 levels.

Chairman Eng. Meshary, also the CEO of Golden Compass, one of the leading mining service companies in Saudi Arabia, emphasised the importance of this alliance: “By choosing a trusted partner like CR Powered by Epiroc, we are establishing a robust alliance that will ensure our products perform at their peak in the Kingdom, leveraging GET and digital solutions to generate valuable data that underpins new insights and enhances mining operations.”

Paul Scutt, CEO of CR Powered by Epiroc, added: “We are excited to announce this partnership with Rasi Investment Co as our authorised dealer in Saudi Arabia. This agreement is a critical milestone for CR Power by Epiroc as we expand into key regions vital to the future of mining in the Middle East and globally. Rasi Investment Co’s extensive local market knowledge, combined with our cutting-edge technology, will allow us to deliver exceptional value to our customers. We look forward to a successful collaboration that drives innovation and efficiency in the global mining industry.”

Miguel Guimaraes, Head of East Australasia and India of CR Powered by Epiroc, added, “This alliance with Rasi Investment Co establishes a strong footprint in the Kingdom with a trusted local partner well-established in the mining sector. Our proactive collaboration is a step forward toward realising Saudi Vision 2030, supporting local industrial development, creating jobs, boosting productivity in mining projects and reinforcing the mining sector’s role as the economy’s third pillar.”

David Shao, Global Engagement Manager at Austrade, highlighted the international reputation of Australia’s METS sector, saying: “Saudi Arabia is an important trading partner for Australia. Two-way goods and services trade totaled $2.7 billion in 2023. As the mining sector in Saudi Arabia evolves, there are opportunities for enhanced safety and productivity through closer economic ties with Australia, a recognised leader in the METS sector.”

AIMEX 2023 conference to highlight tech innovation and decarbonisation importance

Mining equipment, Mining events, Mining services, , , , , , , , , , , , , , ,

The conference program for Asia Pacific’s International Mining Exhibition (AIMEX), taking place at the Sydney Showgrounds from September 5-7, has just been released, with over 25 leaders from resources, minerals processing, METS and policy sectors set to feature at Australia’s longest-running mining event.

Each day of the three-day conference will address a specific theme. Day one covers decarbonisation in mining, one of the biggest topics for the industry currently. The opening day will have panel discussions featuring leaders from METS Ignited, Australian Hydrogen Council, ISN and the International Copper Association Australia.

John Fennell, CEO of the International Copper Association Australia, says the conference comes at a critical time for the resources sector.

He said: “The world’s move to electrification has compounded supply and demand issues across industry. There are key technologies that will help us to move forward with higher operational efficiency and lower emissions, but in order to implement these technologies industry-wide we need to talk about them as an industry first.”

Day two will cover technical innovation, with a keynote from Nathan Kirchner of Robotics Australia Group, plus panel discussions with academic experts from the University of Newcastle and UQ’s Sustainable Minerals Institute, and contributions from Accenture, CR Powered by Epiroc and Fleet Space Technologies.

The final day of the conference will focus on the hot-button topic of ESG, with speakers discussing renewable integration, the circular economy and leveraging technology.

Associate Professor, Liza Forbes, from UQ’s Sustainable Minerals Institute is speaking as part of two panels at the conference, and notes the importance of industry collaboration and conversation.

Dr Forbes said: “One of the biggest barriers to industry collaboration is that systemic incentives for academic work are often not in step with industry needs, resulting in siloed operations. It is vital for academic research to build and maintain industry relevance by staying abreast of the common problems that industry encounters and the solutions that are sought for such problems.

“By coming together at events like AIMEX, we open important channels for discussion and collaboration that work towards removing those knowledge silos.”

The conference runs alongside the AIMEX exhibition, where over 250 national and international exhibitors will be present. New features of the exhibition this year include the Transformative Technology Pavilion and the Decarbonisation Zone, further emphasising the importance of technology innovation and decarbonisation to the industry’s future.

AIMEX Exhibition Director, Samantha Martin, says this is no coincidence, and the focus reflects industry trends and attendee feedback across multiple events.

She said: “We aim to make our events both a gathering place for the industry at all points of the supply and value chain, and a launching pad to move industry discussions forward into a sustainable future. I’m excited about the conference program at this year’s AIMEX, with plenty of content for attendees from engineers to management, consultants, decision makers and suppliers.”

International Mining is a media sponsor of AIMEX. More information here.

Global mining tech and equipment suppliers gearing up for AIMEX 2023

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The organisers of Asia Pacific’s International Mining Exhibition (AIMEX) are expecting thousands of attendees to gather at Sydney Showground in Australia in just 75 days’ time, where over 250 local and international companies will put their best foot forward as part of the free-to-attend trade exhibition.

From September 5-7, leading companies supplying the mining sector with technology and equipment that improves efficiency, productivity and sustainability will showcase their best at AIMEX, Australia’s longest-running mining event.

With exhibitors including Bosch Rexroth, Danfoss, CR Powered by Epiroc and XCMG Mining Equipment, the trade expo promises a one-stop destination to meet local and international suppliers and investigate new technologies, the organisers say.

Industrial hydraulics powerhouse Bosch Rexroth and ground engaging tools (GET) specialists CR Powered by Epiroc will be exhibiting in the Transformative Technology Pavilion, a new addition to this year’s event showcasing exponential technologies such as augmented reality, virtual reality, robotics and data utilisation. The space will gather exhibitors who are solving specific industry issues with technology, like Bosch Rexroth’s eLION electrification solutions for mobile machinery or CR’s GET Trakka, a GET loss detection system that uses embedded IoT connected sensors.

Peter Hopewell, NSW State Manager from Bosch Rexroth, says AIMEX 2023 represents an exciting opportunity to meet face-to-face with suppliers and showcase new product lines from their Hydraulics and Industrial Automation solutions.

He said: “This year at AIMEX we will be unveiling exciting new products and technologies that will shape the future of the mining industry. This exhibition will be the first time we are showcasing our eLION solutions in Australia. eLION is Bosch Rexroth’s electrification solution specifically designed for the electrification of off highway machinery.”

While the Transformative Technology Pavilion would be dwarfed by one of CR’s Hurricane dragline buckets, CR Powered by Epiroc says it is looking forward to engaging with customers around their digital solutions for maintenance and productivity.

Hannah Sabih, Global Marketing Manager for CR Powered by Epiroc, said: “We’re delighted to be exhibiting at AIMEX this year and sharing both our hardware and complementary technology with visitors. We’ll be showcasing Titan 3330, our digger-based payload management system which visitors will be able to experience for themselves at the show. Titan has been proven across commodities to increase operational productivity by up to 22%, tighten payload spread by up to 25% and reduce associated emissions by making load haul circuits more efficient.

“Of course, we’ll also have interactive models of our lips and GET for both surface and underground machines, designed to increase payload and decrease maintenance-related downtime.”

The second new addition to the trade exhibition this year is the Decarbonisation Zone, supported by International Copper Association Australia and populated by companies like Danfoss and XCMG Mining Equipment, aiming to offer real solutions to industry’s decarbonisation challenges and ESG obligations.

Chris Page, General Manager, Danfoss Pacific Region, says the mining industry has plenty of opportunity to support decarbonisation goals through smart solutions like enhanced energy efficiency and integrated energy systems.

He added: “At Danfoss we integrate our ESG ambitions into everything we do. Our unique products and solutions provide real value to our customers through sustainable innovation and leading application know-how, supporting them in their journey toward decarbonisation in an intelligent and cost-efficient way. We are particularly proud to be supporting the mining industry as it takes a leading role in the transition to net zero and beyond. This year’s AIMEX conference and exhibition in Sydney provides a fantastic opportunity to hear more about the current challenges facing the industry and for partners to find out more about Danfoss’ energy efficient solutions.”

XCMG Mining Equipment may be a relatively new face within the mining industry, but as the world’s third-largest construction machinery manufacturer, they have plenty to offer, particularly in the decarbonisation space.

Roy Rossini of XCMG says the company has been working on electrified and natural-gas powered products for almost a decade.

Rossini said: “As the world looks for a greener, cleaner construction industry, XCMG is delivering solutions that reduce carbon emissions across the whole industry chain and total life cycle. As early as 2013, XCMG were researching and developing new energy projects. They were the first in China to launch a natural gas-powered truck crane, motor grader, loader and hybrid excavators. The energy savings equate to over 25%, when compared to diesel powered products.”

International Mining is a media sponsor of AIMEX, taking place from September 5-7 in Sydney.