ABB signs MoU with Hitachi to explore decarbonisation
Hitachi Construction Machinery set to investigate opportunities for mine operators to target net-zero emissions from mining machinery.
ABB has signed a Memorandum of Understanding (MoU) with Hitachi Construction Machinery to share their expertise and collaborate in bringing solutions to market that will reduce the greenhouse gas (GHG) emissions associated with heavy machinery in mining.
The companies will explore possibilities to apply ABB’s electrification, automation and digital solutions to mining trucks and excavators provided by Hitachi Construction Machinery as part of wider efforts with mine operators to electrify all processes from pit to port. Original equipment manufacturer (OEM) Hitachi Construction Machinery also brings expertise in driverless operation and labour-saving technologies. The aim of the combined solutions is to enhance the efficiency and flexibility of customer businesses, contributing to the reduction of CO₂ and the realization of a sustainable society.
The collaboration with Hitachi Construction Machinery is one of many that ABB are looking to develop with OEMs to accelerate the transition to all-electric mines.
“ABB is calling for more collaboration between OEMs and technology companies to fast-track the development of new emissions-reducing systems with electrification and automation of the whole mining operation the goal. We are ready to work more with OEMs to establish a common approach for the market, and through strategic collaboration provide solutions that can help enable a low-carbon society and make mining operations more responsible,” said Joachim Braun, Division President, Process Industries, ABB.
“New emissions-reducing technologies can transform the energy-intensive mining industry to achieve an even more productive, but also sustainable future.”
ABB has over 130 years of experience in the mining industry and delivers complete electrification, automation and digital solutions, industry-specific products and lifecycle services across every stage of the mining cycle.
“Today, the challenge of our customers is on electrification of trucks and the time to change is now. But nobody can achieve this transformation alone. Co-creation of solutions with OEMs and mining companies is needed to successfully integrate electrification in mines,” added Max Luedtke, ABB’s Global Head of Mining.
ABB’s digital applications draw on advanced libraries and software solutions to reduce process complexity and can integrate with existing equipment and technology. ABB Ability™ MineOptimize is a digitalized portfolio of connected solutions that is already improving the energy efficiency as well as productivity and optimization of CAPEX and OPEX of open pit and underground mines worldwide.
“This collaboration will enable the two companies to more effectively work towards our shared vision for mining,” said Sonosuke Ishii, President of Mining Group, Senior Vice President and Executive Officer at Hitachi Construction Machinery Co., Ltd.
“We are delighted to be collaborating with ABB as we continue to invest our efforts in introducing eco-friendly technologies and systems for the mining industry.”
Axora launches global challenge for digital technology
Axora is launching the world’s first international competition to discover new cost-saving digital technology for industrial companies, which can produce rapid benefits within a year.
The Metals & Mining and Oil & Gas sectors have recently experienced budget cuts of 20% on average, driven by a variety of factors including the global pandemic, slump in demand and price wars. The Axora Cost-Saving Technology Challenge aims to transform these industries by discovering innovative, digital solutions that reduce cost fast and pay for themselves, whilst achieving the same or improved productivity, health and safety and sustainability standards.
“While digital solutions can help to get work done quicker and more cost-effectively, they typically require a three-year ROI, and if there’s no flexibility in the budget, a full budget planning cycle is needed to get things moving”, said Dr. Nick Mayhew, Chief Commercial Officer, Axora.
“Yet, extra financial cost is often incurred in delaying digital projects, so customers have asked us to highlight solutions that can have an ‘in year payback’ whereby the cost spent on the solution and deployment will be more than recovered within the budget year - this accelerates the timeline and drives positive business impact, quickly.”
The Axora Cost-Saving Technology Challenge
Axora is keen to learn of any digital cost-saving innovation which: meets the 12-month payback timeframe; can be deployed in any part of the value chain including upstream, downstream or midstream oil and gas, metals processing or mining; and is ready for market. The Axora Cost-Saving Technology Challenge is open to entrepreneurs, start-ups, academics and sector leaders across the world. The competition will be judged by a panel of leading industry experts.
“We’re passionate about supporting our industries and customers through all forms of digital transformation and the cost-saving solutions we are searching for could also provide a lifeline to many mining and metals and oil and gas companies in the current economic climate,” added Dr. Mayhew.
Improving productivity, safety and sustainability
Up to ten finalists will be chosen to pitch their solutions at a digital pitch day later this year, after which Axora will validate the ROI models and vet the solutions. The winner will receive the ‘Axora Market Accelerator’ sales and marketing package worth £10,000. This includes a two-hour workshop, promotion through Axora’s thought leadership content and inclusion into its digital demand engines, providing the opportunity for the winning solution to benefit thousands of industrial companies. Entries are open until May 31. Full details of the competition including terms and conditions can be found here.
To learn more about the Axora B2B digital solutions marketplace read our feature in the latest issue of Mining Global magazine.