Today's rapid pace has resulted in significant changes in technological advancements, bringing to light the importance of innovation and approaching operations and business in different ways.
Adopting creative approaches to processes are prevalent in many industries, such as manufacturing and defence, both of which are innovating at a rapid pace. The mining sector now finds itself in a prime position to promote industry-born innovations and advancements as miners, governments research organisations and Mining Equipment, Technology and Services (METS) companies increasingly collaborate and cooperate to do things differently.
Increased concern around sustainability is driving a requirement to change the way the mining industry currently operates. Rising operating costs, sustainability priorities, and the rapid progression of technology are all propelling companies to transition towards more innovative solutions. Not to mention, the change in the way we work as a result of COVID-19 and the increase of remote operations and virtual business. Implementation, challenges and opportunities with analytics, automation, and AI, as well as integration, connectivity and simulation all remain key business priorities.
In today's mining landscape, there is also more onus than ever on plant and processing teams to process minerals more efficiently, reduce waste and maximise profits. With plant and processing operators now playing a much more directive role in mine optimisation, so too are the technologies and equipment that support these endeavours.
Increased scrutiny on tailings and waste management processes have also driven further requirements for innovation in plant and processing to avoid the risks, operational hazards, and large-scale destruction as seen in recent years.
Technology & Innovation is an overarching theme and will be covered throughout a number of sessions throughout the conference including the METS Arena, METS Showcase, as well as the CTO Leaders sessions. IMARC Online also includes dedicated sessions on Technology & Innovation each day that will look at specific innovations currently being implemented by miners, initiatives being undertaken by METS and research organisations to further develop capabilities that match requirements, and the creative solutions that smaller players - such as start-ups and scale-ups, are bringing to the industry.