Contemporary Amperex Technology $3750 (-2.43%) and EACON Mining Technology have joined forces to revolutionize electric autonomy in mining.
The collaboration aims to deliver smart, safe and sustainable solutions for the mining industry, utilizing CATL's advanced battery know-how and EACON's expertise in autonomous systems.
It also aims to address key challenges in mining, such as reducing environmental impact, increasing safety and improving operational efficiency.
CATL and EACON plan to deploy electric autonomous transportation solutions in mines worldwide.
A key objective of the alliance is to develop battery technology suitable for extreme mining conditions and to provide scalable autonomous transportation systems for open pit mining.
CATL and EACON aim to build on the successful trials in China, expand their reach globally and set new standards for sustainable and intelligent mining practices.
The collaboration will also extend to capital, technology, market and ecosystem development, with the aim of accelerating the mining industry's transition to green and automated operations.
Wason Lan, CEO of EACON Mining Technology, said: "This partnership is an important step forward for the mining industry. By combining our expertise in autonomous driving with CATL's leadership in energy solutions, we are creating a smarter and greener future for mining transportation."
EACON Mining Technology operates the world's most widely used autonomous transportation system.
The company has automated more than 2,000 trucks and supports 25 projects in the coal, iron ore, copper, gold and zinc sectors.
