Hitachi invests millions into Australian mining

Close to one billion dollars has been invested into the Australian mining industry by one of the world’s leading manufacturers.

Japanese corporation Hitachi has invested $875 million into the country over the last 18 months with the belief the mining industry will be fully autonomous by 2030, Australian Mining reports.

This will see the rise of autonomous trucks and haulage systems, drone image analysis and other analytics-focused technologies.

The predictions were made at the Hitachi Social Innovation Forum 2017 held on Thursday in Brisbane
The half-day forum focused on mining and agriculture the collaboration of Australian-Japanese trade.

Hitachi Australia managing director Atsushi Konishi says “embracing smart technology” will help Australia maintain its leading role in the mining industry, Australian Mining reports.

“There are several large mining companies looking at Australia to implement new digital technologies in order to then replicate them in other regions of the world,” he says.