Breton Technology Co., Ltd. Class H ( (HK:1333) ) just unveiled an update. Breton Technology Co., Ltd., a leading manufacturer of battery-electric wide-body dump trucks, has deployed its autonomous driving products across major mining regions in China, including Xinjiang, Inner Mongolia and Hebei. The company is also expanding PV-storage energy services and grid-forming photovoltaic energy storage power stations for overseas mining customers, with plans to replicate its âPV-storage + miningâ solution in more emerging markets. For the six months ended June 30, 2026, Breton reported revenue of RMB330.7 million, up 1.2% year on year, and gross profit of RMB54.5 million, up 160.1%, lifting gross margin to 16.5%. The companyâs net loss narrowed by 49.2% to RMB88.5 million, driven by improved product mix, higher contributions from high-margin PV-storage components and electricity sales, reduced impairment provisions, and higher government grant income, strengthening its financial position in the zero-carbon mining segment. More about Breton Technology Co., Ltd. Class H Breton Technology Co., Ltd. is an integrated solution provider focused on zero-carbon intelligent mining, offering a one-stop green intelligent operation system for mining clients worldwide. The company develops battery-electric engineering machinery with autonomous capabilities and provides intelligent operation technologies plus photovoltaic and energy storage services, creating a value chain spanning energy supply, equipment application and intelligent driving. Average Trading Volume: 1,374,141 Technical Sentiment Signal: Sell Current Market Cap: HK$4.92B See more insights into 1333 stock on TipRanksâ Stock Analysis page. Trending Articles: This story was written using TipRanks's AI tools and reviewed by a TipRanks editor.
Aug 28, 2026 · via tipranks.com
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Aug 28, 2026 · via statesman.com
EACON Mining Technology Brings Bidirectional Autonomy to Cabless Mining Truck BEIJING, Aug. 28, 2026 /PRNewswire/ -- EACON Mining Technology's autonomous haulage system is now operating on the AT150, a 136-tonne-payload, cabless and bidirectional battery-electric mining truck. Developed with Inner Mongolia North Hauler Joint Stock Co., Ltd. (NHL) and State Power Investment Corporation (SPIC), the truck was deployed at an SPIC mine in northern China. Bringing together SPIC's mining operations expertise, NHL's vehicle design and manufacturing capabilities, and EACON's autonomous driving technology, the AT150 demonstrates how autonomy can influence vehicle architecture and mine workflows when incorporated from the outset. Unlike conventional mining trucks, the AT150 has no fixed front or rear. It can approach a loading or dumping point in one direction and depart in the other, avoiding the U-turns and switchbacks generally required by front-facing vehicles, and streamlining traffic in constrained areas. EACON developed the autonomous perception, planning and control capabilities required for either end to become the leading end, with sensor selection and placement tailored to the truck's architecture and bidirectional operation. Using perception data from both directions, the system identifies road boundaries, obstacles and other vehicles before planning paths and stopping positions. Its path-planning technology can also determine how the truck should approach and leave each location, select alternative dumping positions when an assigned area becomes unavailable, and coordinate multiple vehicles around shared areas. The AT150's electric drive and all-wheel steering support this operating model. Its semi-solid-state battery is designed for temperatures from –30°C to 50°C, while its 900V system supports charging at up to 3.4 MW. EACON's technology can also consider vehicle charge levels, production tasks, charger availability and fleet demand when allocating work. "The biggest shift is not removing the driver from the cab, but removing the assumption that mining equipment must be designed around a
Aug 28, 2026 · via prnewswire.com
Gatik secures $200M to scale driverless middle-mile operations Gatik's $200M Series D funding round will accelerate commercial middle-mile deployments for enterprise shippers like PepsiCo, Kroger, and Walmart after completing 85,000 driverless deliveries. Gatik is expanding its driverless trucking operations with backing from major customers and investors. The company aims to grow from dozens of autonomous trucks to several hundred by year’s end. Gatik’s rising contracted revenue points to growing demand for autonomous freight services. Gatik Driverless trucking venture Gatik has finalized a $200 million financing round that co-founder and CEO Gautam Narang says will let the nine-year-old company “scale with speed and discipline.” Narang and his team have built a customer roster that includes Walmart, Kroger, and Canada’s Loblaws chain, as well as PepsiCo, which expanded its work with Gatik this summer. Using Isuzu medium-duty trucks (the OEM invested $30 million in Gatik in 2024), the company focuses on high-frequency operations from distribution centers to stores. Coming into 2026, Gatik trucks had completed about 60,000 fully driverless deliveries. In announcing the $200 million in funding, Narang’s team said that number now stands at 85,000. “This round […] is a clear validation of Gatik’s commercial leadership in autonomous freight,” Narang said in a statement. “We have built Gatik with real revenue, deep customer demand, and AI-driven autonomous technology proven every day in live supply chains. This round gives us the capital to scale with speed and discipline, serve the world’s largest companies, and define the future of autonomous freight.” Leading the latest funding round for Gatik are the Qatar Investment Authority and Koch Disruptive Technologies, the venture-capital arm of Koch Industries, which first invested in the company five years ago. Several other firms, including Cathie Wood’s ARK Invest, also took part. Narang's near-term goal is to scale from dozens of driverless
Aug 28, 2026 · via fleetowner.com
Key takeaways: - BYD’s new charging technology can deliver up to 1,500 kW through a single connector, although its current commercial rollout is centred on passenger vehicles. - Cellcentric’s new heavy-duty fuel-cell system delivers up to 375 kW of continuous net power and targets hydrogen consumption below 6 kg/100 km in a fully laden 40-tonne truck. - Iveco and PlusAI are preparing Level 4-capable trucks for trials on the Madrid-Zaragoza freight corridor, with a safety operator remaining on board. - ZF’s TraXon 2 Hybrid combines a combustion engine with a 190 kW continuous-output electric motor and can operate as a plug-in hybrid. - Scania’s ProDriver digital coaching service takes a different approach, using driver training and feedback to cut fuel consumption by up to 5% without changing the truck itself. Five projects have reached the final round of the annual award, but four are directly focused on truck hardware, propulsion or vehicle operation: BYD’s Flash Charging and Blade Battery 2.0, cellcentric’s BZA375 fuel-cell system, the Iveco and PlusAI autonomous-driving programme, and ZF’s TraXon 2 Hybrid. The fifth finalist, Scania ProDriver, is a digital driver-coaching service. The winner will be announced at IAA Transportation in Hanover on 14 September 2026. BYD targets one of electric trucking’s biggest constraints Among the finalists, BYD’s Flash Charging technology delivers the most eye-catching number. Combined with the second-generation Blade Battery, the system can charge at up to 1,500 kW using a single connector. BYD says the battery can be charged from 10% to 70% in around five minutes and from 10% to 97% in nine minutes under its Chinese-market specification. The second-generation Blade Battery also offers a claimed improvement in energy density compared with the previous version. For truck operators, however, there is an important caveat: BYD’s current commercial rollout of the technology is primarily
Aug 28, 2026 · via trans.info
Tesla's 500-Semi Einride Order Finally Gets a Timeline: '75 Approximately' This Year, CEO Says Elon Musk-led Tesla Inc. (NYSE:TSLA) is expected to deliver about 75 Semi trucks to freight-technology company Einride AB (NASDAQ:ENRD) for deployment before the end of 2026, according to Einride CEO Roozbeh Charli. The Rest of the Deliveries Will Complete By 2027 In an interview with Freight Waves on Thursday, Einride is planning to put roughly 75 of the ordered Semis to work before year-end 2026 and aim for the rest by the end of 2027. "The initial order is 500 trucks; we’re expecting, you know, 75 approximately of that to be deployed this side of the year,” Charli said, adding that the rest of the fleet would be “deployed by the end of next year.” The CEO added that the strategy is “U.S.-focused.” Einride is a Swedish company, based in Stockholm and operates a fleet of autonomous Electric trucks. Tesla’s 500-Unit Semi Order The news comes as Tesla announced earlier that it had landed an order for 500 Semi electric trucks from Einride, which came soon after the first Semi rolled off Tesla’s new high-volume production line in Nevada amid multiple delays and challenges. The company plans to use the Semis to deploy on its Saga AI platform for e-commerce giant Amazon.com Inc. (NASDAQ:AMZN), among other customers. Tesla had earlier also secured an order for 370 Semi truck units from WattEV, which operates on a Truck-as-a-Service model. Price Action: TSLA shares rose 0.65% to $357.11 during pre-market trading on Friday. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Read Also: Tesla Just Dropped Big News About Its Electric Semi Truck Check out more of Benzinga’s Future Of Mobility coverage by following this link. Photo
Aug 28, 2026 · via tradingview.com
Beijing-based EACON completed its first fully autonomous haulage test cycle in Australia in December 2025 | Credits: EACON 28 August 2026 EACON has nearly doubled the number of trucks operating using its autonomous haulage system in one year, according to half-year results published this week. By the end of June, the Chinese AHS provider... The definitive guide to mining operations and excellence. Established in 1909 by Herbert Hoover, Mining Magazine provides comprehensive technical insight into mining operations. It aims to inform and support mine management in decision-making regarding mining techniques, technologies, workforce, logistics, and supply chains. Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG. Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG. Mining IQ’s exclusive research into the exploration sector, including a revealing survey of the segment, the best intercepts and the latest technology developments Exclusive research for the Mining IQ Future Fleets Insights 2026 shows mining companies must invest more in decarbonising if they are to meet CO2 targets The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.
Aug 28, 2026 · via miningmagazine.com
HOUSTON, Texas — Bot Auto will exclusively use U.S.-based remote assistants across its autonomous trucking operations. The commitment reinforces Bot Auto’s approach to safety and responsibility, ensuring that first responders and law enforcement can communicate quickly and reliably with Bot Auto during emergency situations. “Remote assistants play a critical role in Bot Auto’s operations, providing a human layer of support and oversight for our autonomous fleet,” said Brian Moore, Bot’s chief policy officer. “We’re building out America’s 21st-century supply chain. It needs to be extremely resilient, and that’s why it’s critical that these roles are always kept within the United States.” Remote Assistants Remote assistants do not perform any dynamic driving task. The vehicle operates autonomously at all times. Their role is to support communication and coordination, including direct contact with first responders and law enforcement in the field, and to carry out certain limited vehicle functions when needed to assist an incident response. Remote assistants are already actively monitoring operations from Bot Auto’s mission control. For example, they are confirming the vehicle’s status, providing cargo and routing information, remotely actuating functions like hazard lights or facilitating a vehicle shutdown at an officer’s direction. “By staffing this function exclusively with U.S.-based personnel, Bot Auto ensures consistent language fluency, familiarity with U.S. traffic laws and emergency protocol and reliable connectivity for the first responders who depend on fast, clear communication in the field,” Bot said. Built for the Moments That Matter Most In an emergency, every second counts. A first responder arriving at the scene of an incident involving an autonomous truck needs to reach a remote assistant instantly, communicate clearly, and initiate a vehicle response. “Every one of our vehicles has a mission, and every mission has a mission control,” said Captain (ret.) Bart Teeter, director of fleet & operational
Aug 28, 2026 · via thetrucker.com
Mine automation and electrification are no longer pilot projects. Rio Tinto runs a fleet of more than 300 autonomous haul trucks across the Pilbara; BHP's Escondida Norte has deployed 33 autonomous haul trucks and 11 autonomous drill rigs; Anglo American's Quellaveco is managed from a remote operations centre running 30 automated (tele-operated) mining trucks; Fortescue has signed a US$2.8 billion green equipment partnership covering 475 units, of which roughly 360 are battery-electric, autonomy-ready haul trucks. The hundreds of autonomous trucks already in service at Rio Tinto, BHP and Anglo are still overwhelmingly diesel-powered. A serious battery-electric order of this size has so far been placed only by Fortescue (around 360 T 264 units). Battery-electric haul trucks globally remain in single-digit trial deployments at Rio Tinto and BHP. Note that Rio Tinto's AutoHaul is an autonomous train system, not a mine-truck AHS. These deployments show that the major miners have moved the technology from trial into core production. The reason they are willing to spend is not just to chase the "smart mine" label. New mines are getting more expensive and slower to deliver. Lifting the uptime, haulage efficiency and safety of existing assets is faster and more controllable than waiting for greenfield supply. I. Why are miners willing to invest? 1. Lower grade means more ore must be moved to deliver the same metal tonnage IEA data show that the global average copper ore grade has fallen 40% from 1991, and that capital intensity for brownfield expansions has risen 65% since 2020. If grade halves, producing the same metal tonnage as before requires moving twice as much ore — the workload at every stage of mining, hauling and concentration doubles. The lower the grade, the more valuable equipment efficiency becomes, and the more cost-effective automation is. 2. Major miners have
Aug 28, 2026 · via news.metal.com
The co-founders of Einride, the Swedish autonomous electric trucking company that went public on Nasdaq in June, unveiled a new venture platform at TechBBQ in Copenhagen on August 26 that is structured not as a conventional fund but as an operating company — one explicitly designed to address a gap that industry research has repeatedly documented as the primary reason European deep tech companies fail to scale: the near-absence of operators who have actually built and run deep tech companies among those writing the investment checks. The firm, called Navisalma, was founded by Robert Falck, Linnéa Kornehed Falck, and Robert Westerdahl. Falck — who spent nearly a decade as Einride's founding CEO before transitioning to executive chairman in May 2025 — serves as Navisalma's CEO. Kornehed Falck, who served as Einride's Deputy CEO and Chief Marketing Officer and led its design organization, is a founding partner. Westerdahl, who co-founded Material Economics — the Stockholm-based industrial sustainability consultancy that McKinsey acquired in 2021 — and subsequently became a McKinsey partner, is the third founding partner. Research from the 2026 European Deep Tech Investor Report, published by The Big Search and Dealroom, found that only 27.3% are former deep tech founders among European deep tech investors. The same analysis identified operator-investors — those with firsthand experience building and running the category of company they fund — as having a measurable edge in deep tech, where execution risk rather than idea risk is the primary failure mode. Navisalma's founding team consists entirely of operators: Falck oversaw the manufacturing, commercialization, and regulatory clearance of cab-less autonomous freight vehicles across five countries; Kornehed Falck built a design organization recognized by external clients before it was spun out; Westerdahl scaled a consultancy into an acquisition by one of the world's largest professional services firms. What Navisalma
Aug 28, 2026 · via techtimes.com
BHP is swinging the axe on a chunk of its 1600-strong workforce at a massive Pilbara iron ore mine.
The Big Australian will soon start cutting jobs at its Mining Area C operation as part of a previously flagged plan to roll out self-driving mining dump trucks.
This estimate would not include the potential for workers to be redeployed into other roles within BHP.
BHP has gradually brought in autonomous trucks across its Pilbara iron ore mines over the past decade.
BHP’s huge South Flank mine, which is adjacent to Mining Area C, completely transitioned to the self-driving trucks in June 2023.
Aug 28, 2026 · via thenightly.com.au
The next AI moat will not be a better model The Translated Bureau is the translation team under 36Kr, focusing on sectors including technology, business, workplace and life, with a core focus on introducing new technologies, new perspectives and new global trends from overseas. Editor's Note: Stop the blind race for larger models! The core bottleneck holding back the real-world deployment of physical AI is not insufficient model intelligence, but the outdated engineering verification workflow. Without addressing the inefficiency of integration and testing, even the most cutting-edge AI will remain nothing more than a laboratory toy. This article comes from a translated piece. Over the next decade, billions of machines will become autonomous or intelligent. From passenger cars, trucks, tractors and mining haulage vehicles, to defense systems, warehouse robots and humanoid robots — the entire physical economy will be reshaped around software that can perceive, make decisions and take actions. The industry's current widespread assumption about how to achieve this goal roughly goes as follows: models will keep improving, world models will mature, foundational large models for the robotics field will emerge, and autonomy will eventually come naturally. Intelligence is seen as the entire focus of this race; as long as we scale up intelligence, machine autonomy will be achieved effortlessly. For the past ten years, I have been dedicated to helping Applied Intuition build the software infrastructure behind many of the world's most ambitious physical AI projects, covering software-defined vehicles, autonomous trucks, construction machinery, mining systems, defense platforms and robotics. This perspective has allowed me to observe up close where the industry is accelerating and where it keeps hitting roadblocks. I am as bullish on the development of intelligence as anyone else, but this widespread assumption has a fundamental logical flaw. Deployed physical AI is the product of two
Aug 27, 2026 · via eu.36kr.com
Kodiak AI, a provider of physical AI-powered autonomous driving technology, has announced a collaboration with chipmaker AMD to implement its AMD EPYC Series processors to power Kodiak’s seventh-generation autonomous truck platform. Kodiak is the first company to deploy the advanced AMD EPYC processors into their hardware platform for driverless trucking. High-performance AMD EPYC Series CPUs provide the compute performance needed to quickly and reliably aggregate and preprocess the massive volume of sensor data required to safely operate the Kodiak Driver, Kodiak’s autonomous driving system. Wayne Lyons, senior director, automotive market, AMD, says: “Physical AI is pushing computing into some of the most complex and data-intensive environments in the world. “Kodiak is demonstrating what’s possible when advanced autonomous driving software is paired with high-performance AMD compute. “Together with Kodiak, AMD is providing the processing capabilities needed to move driverless trucking from innovation to significant scale.” Driverless trucks demand exceptional central processing unit (CPU) performance. Within the seventh-generation Kodiak Driver, AMD EPYC CPUs aggregate sensor data, preprocess information collected by LiDARs, cameras and radars, and support the path-planning processes that determine how the vehicle safely and efficiently navigates complex environments. Don Burnette, founder and CEO, Kodiak, says: “Physical AI requires compute capabilities that can rapidly handle enormous amounts of sensor data while supporting increasingly sophisticated AI workloads. “AMD delivers best-in-class CPU technology with the performance, scalability and efficiency required for advanced autonomous driving applications. “AMD EPYC CPUs give us the compute capabilities we need to advance the Kodiak Driver and continue commercializing autonomous trucking.” AMD EPYC is designed to support the demanding compute requirements of autonomous driving. Key CPU workloads in autonomous driving, including sensor processing, localization, and path planning, are latency-sensitive and cannot easily be parallelized. These capabilities help the Kodiak Driver efficiently process critical data and support increasingly sophisticated AI
Aug 27, 2026 · via roboticsandautomationnews.com
Commitment reinforces focus on first-responder coordination and safety promises HOUSTON, Aug. 27, 2026 /PRNewswire/ -- Bot Auto announced it will exclusively use U.S.-based remote assistants across its autonomous trucking operations. The commitment reinforces Bot Auto's approach to safety and responsibility, ensuring that first responders and law enforcement can communicate quickly and reliably with Bot Auto during emergency situations. "Remote assistants play a critical role in Bot Auto's operations, providing a human layer of support and oversight for our autonomous fleet. We're building out America's 21st-century supply chain. It needs to be extremely resilient, and that's why it's critical that these roles are always kept within the United States," said Brian Moore, Bot Auto's Chief Policy Officer. Remote assistants do not perform any dynamic driving task; the vehicle operates autonomously at all times. Their role is to support communication and coordination, including direct contact with first responders and law enforcement in the field, and to carry out certain limited vehicle functions when needed to assist an incident response. Today, remote assistants are already actively monitoring operations from Bot Auto's mission control. For example, they are confirming the vehicle's status, providing cargo and routing information, remotely actuating functions like hazard lights, or facilitating a vehicle shutdown at an officer's direction. By staffing this function exclusively with U.S.-based personnel, Bot Auto ensures consistent language fluency, familiarity with U.S. traffic laws and emergency protocol, and reliable connectivity for the first responders who depend on fast, clear communication in the field. Built for the Moments That Matter Most In an emergency, every second counts. A first responder arriving at the scene of an incident involving an autonomous truck needs to reach a remote assistant instantly, communicate clearly, and initiate a vehicle response. "Every one of our vehicles has a mission, and every mission has a
Aug 27, 2026 · via prnewswire.com
Gatik Raises $200M After Locking In $600M of Freight Contracts On August 25, 2026, Gatik’s financing release set its Series D at $200 million, named Qatar Investment Authority and Koch Disruptive Technologies as the lead investors, listed Millennium Management, ARK Invest and Intact Private Capital among the participants, and attributed more than $600 million in contracted revenue, 85,000 completed fully driverless orders and 99% on-time delivery to its operations. The financing is backed by more commercial evidence than an autonomous-vehicle round built chiefly around temporary pilots. The central qualification is financial: signed business indicates customer commitments, while Gatik has not disclosed how much of that contract value has been recognized as revenue. The traction ledger shows demand, deliveries and disclosure gaps Gatik’s traction falls into separate categories that should not be combined. The contract book measures signed commercial demand; completed orders measure freight movements; on-time delivery measures operational performance. None of those figures, by itself, establishes recognized revenue, margins or profitability. The orders and delivery rate are company-reported metrics rather than audited financial results. They nevertheless provide evidence of repeated activity inside customer logistics networks, a stronger commercial signal than a limited route demonstration whose principal purpose is technical validation. Gatik’s box trucks operate on the middle mile between distribution centers and stores, using highways and surface streets. Repeated pickup and delivery points place the vehicles inside active schedules and changing customer demand, but the available data do not reveal revenue per order, route-level costs, fleet utilization or the expense of remote and on-site operational support. This is why the financing looks different from capital raised largely on the promise of future deployments without proving that the economics are already attractive. Gatik has disclosed paid commercial relationships and completed work, but it has not supplied enough financial information to determine
Aug 27, 2026 · via quasa.io
Autonomous Construction Equipment Market Projected to Reach US$ 15.4 Billion by 2033 | Persistence Market Research Report The global autonomous construction equipment market is entering a period of strong expansion as construction companies, infrastructure developers, and mining operators increasingly adopt automation to improve productivity, safety, and equipment utilization. The market is expected to be valued at US$ 8.6 billion in 2026 and is projected to reach US$ 15.4 billion by 2033, registering a CAGR of 8.7% between 2026 and 2033. Autonomous construction equipment uses technologies such as artificial intelligence, machine learning, computer vision, GPS, LiDAR, radar, sensors, and advanced telematics to perform or assist with tasks requiring limited direct operator intervention. A persistent shortage of skilled heavy-equipment operators is one of the key factors accelerating adoption, as contractors increasingly look for technologies that can maintain productivity despite workforce constraints. Falling sensor and computing costs, together with advances in AI, are making autonomous machinery more commercially viable across construction, mining, and infrastructure projects. FREE Sample & Explore the Latest Market Insights: https://www.persistencemarketresearch.com/samples/37719 The autonomous excavator and earthmoving equipment segment is expected to remain a major area of demand because excavation, grading, hauling, and material-handling activities are repetitive, labor-intensive, and often performed in hazardous environments. Autonomous haul trucks have also gained significant traction in mining, where automated operations can improve safety and optimize fleet utilization. From a geographical perspective, North America is expected to remain a leading regional market, supported by high technology adoption, major construction and infrastructure investments, established mining operations, and strong demand for automated equipment. The region's focus on improving job-site productivity and addressing skilled-labor shortages is encouraging contractors and equipment operators to evaluate autonomous solutions. Meanwhile, Asia Pacific is emerging as an important growth market due to rapid urbanization, infrastructure development, mining activity, and increasing investment in construction
Aug 27, 2026 · via openpr.com
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Aug 27, 2026 · via logisticsbusiness.com
Quantum Systems expands into cross-domain autonomy with FERNRIDE acquisition
● 8 hours ago
On 27 August 2026, Quantum Systems’ reported strategy of building a broader autonomy stack is supported by its 17 December 2025 acquisition of FERNRIDE, an autonomous-ground software company.
FERNRIDE’s own announcement says its platform covers ground autonomy for defence logistics, and that Quantum Systems intends to integrate it into MOSAIC UXS, its autonomous mission software, to connect aerial and ground robotics and improve situational awareness and decision-making. The announcement also says FERNRIDE had conducted initial tests with the German Armed Forces and had obtained TÜV approval for autonomous trucks in Europe in 2025.
This corroborates the newsletter’s central strategic point: Quantum Systems is extending beyond aerial ISR hardware towards multi-domain autonomy. The newsletter also describes international sales and further acquisitions, but those additional claims are not treated as independently verified here where a primary source was not available.
Read more: FERNRIDE · Defense Brief
Aug 27, 2026 · via app.dealroom.co
Mining automation and electrification have long been more than just demonstration projects. Rio Tinto operates over 300 autonomous trucks in Pilbara; BHP has deployed 33 autonomous trucks and 11 autonomous drills at Escondida Norte; Anglo American manages 30 automated (remotely operated) trucks at Quellaveco via a remote operations center; and Fortescue has signed a $2.8 billion deal for 475 units of equipment, including about 360 battery-electric, autonomous-ready trucks. Currently, the vast majority of the hundreds of autonomous trucks at Rio Tinto, BHP, and Anglo American are still diesel-powered. Fortescue is the only one to have placed a large battery-electric order so far (about 360 T264 units). Globally, battery-electric trucks at Rio Tinto and BHP are still only in single-digit testing, and Rio Tinto's AutoHaul is an autonomous train, not a truck AHS. These projects show that top miners have moved technology from trials into core production. The core reason they are investing heavily is not just chasing the "smart mine" concept, but because new mines are becoming increasingly expensive and slow to bring online. Compared to waiting for new mines, improving the uptime, haulage efficiency, and safety stability of existing mines is faster and more controllable. Why Are Miners Willing to Invest? 1. Declining grades mean that to maintain the same mt Cu, miners need to move more ore IEA data shows that the average global copper ore grade has declined by 40% since 1991, and the capital intensity of brownfield expansions has risen by 65% since 2020. If grades halve, producing the same mt Cu as in previous years would require moving twice as much ore, doubling the workload in every step of mining, hauling, and processing. The lower the grade, the more valuable equipment efficiency becomes, making automation increasingly cost-effective. 2. Top miners have the conditions to spread
Aug 27, 2026 · via news.metal.com
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Aug 27, 2026 · via thewest.com.au