17 June 2022
KOMATSU AUSTRALIA TO ACQUIRE MINE SITE TECHNOLOGIES, AUSTRALIA-BASED CONNECTIVITY SOLUTION PROVIDER FOR UNDERGROUND MINING, DEVELOPING SAFE, HIGHLY PRODUCTIVE, SMART AND CLEAN WORKPLACES OF THE FUTURE.
Komatsu Australia, has agreed to acquire Mine Site Technologies Pty Ltd (MST Global), a provider of operational optimisation platforms for underground mining that leverage communication devices and position tracking systems.
The planned acquisition is due to be finalised on July 1, 2022.
As global demand for essential resources requires Komatsu's customers to go underground for mineral deposits, the company is rapidly developing new technologies, equipment and solutions to support the industry's future needs. Empowering its customers growing use of digitalisation and automation to improve safety and productivity, Komatsu plans to work with MST Global to help customers build digital ecosystems with real-time insights and alerts, voice and communication technologies, software solutions, robust network infrastructure and wireless and geospatial technologies.
Sean Taylor, CEO of Komatsu Australia said "Over the past 100 years, Komatsu has earned a reputation for using technological innovation to help our customers achieve their goals, and so we are pleased to continue this journey with the acquisition of MST Global".
Together the companies will work to increase availability of high-speed, low latency digital communication, which is necessary to: provide mission-critical communication, integrate IoT sensors, increase the volume of information communicated and enable real-time tracking, monitoring and automation of mine operations.
MST Global specialises in developing and delivering ruggedised, fit for purpose solutions and services partnering with mining and tunneling customers on their digital strategy to unearth safety and productivity improvements.
"MST Global has been delivering innovative solutions to the mining industry for 30 years, and is yet another example of Australia leading the world in mining innovation", says Taylor.
With a global customer base, MST Global offers a platform to visualise and monitor the underground mining environment and enable control from a remote operations centre, thus optimising mine operations to increase safety and productivity whilst safeguarding the environment. The solutions contribute to the digitisation and automation of underground mining operations.
"MST' Global's expertise in leveraging optical fibre broadband communication systems to build real-time geospatial digital twins of underground mining operations compliments Komatsu's existing solution offerings, and will help our customers achieve their goals of safety and productivity whilst safeguarding the environment", says Taylor.
By adding MST Global's experience and expertise in the introduction of communication devices and optimisation platforms, Komatsu aims to enhance the speed at which it offers advanced technology solutions, including the automation and teleoperation of mining equipment underground.
Komatsu is working to expand offerings for underground hard rock mining, creating new value for customers with the development of new equipment, processes and technologies that will help operations step forward to the next stage for the workplace of the future and provide a more sustainable environment for the next generation.
Komatsu develops and supplies technologies, equipment and services for the construction, mining, forklift, industrial and forestry markets. For a century, the company has been creating value for its customers through manufacturing and technology innovation, partnering with others to empower a sustainable future where people, business and the planet thrive together. Front-line industries worldwide use Komatsu solutions to develop modern infrastructure, extract fundamental minerals, maintain forests and create consumer products. The company's global service and distributor networks support customer operations to enhance safety and productivity while optimising performance.
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