Japanese multi-national corporation Komatsu is set to acquire Australian business Mine Site Technologies (MST), a provider of operational optimisation platforms for underground mining that leverage communication devices and position tracking systems.
Through its wholly owned subsidiary in Australia, Komatsu is planning to close the deal on July 1, 2022, on the condition that all necessary procedures are completed. The impact on Komatsu’s consolidated business results is estimated to be minimal.
The company develops and supplies technologies, equipment and services for the construction, mining, forklift, industrial and forestry markets.
It said that as global demand for essential resources required its customers to go underground for mineral deposits, it had to rapidly develop 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.
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.
For 30 years, Sydney-based MST Global has consistently delivered innovative solutions to address the needs of customers today and for the future.
The company 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 solutions enable communication between operators and mining equipment, as well as position tracking for operators and equipment, leveraging optical fibre broadband communication systems, which create a real-time geospatial digital twin of underground operations: an important and fundamental building block for digitalisation.
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 center, 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.
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.