Mining Technology Trends to Watch in Late 2024


The mining technology landscape is evolving rapidly. After years of experimentation, certain trends are becoming established while others are emerging as serious contenders for industry attention. Here’s what mining technology leaders should be watching.

Electrification Accelerates

The move to electric mining equipment has shifted from aspiration to implementation. Battery-electric haul trucks are now operating at commercial scale, and the results are encouraging.

Fortescue’s trials of electric trucks at their Pilbara operations have demonstrated that the technology works in demanding conditions. Caterpillar, Komatsu, and other equipment manufacturers are all investing heavily in electric alternatives.

The drivers are clear:

  • Declining battery costs making economics more attractive
  • Reduced emissions helping meet environmental commitments
  • Lower fuel and maintenance costs over equipment lifecycle
  • Improved underground air quality for electric equipment

However, challenges remain. Charging infrastructure requires significant investment. Battery weight affects payload capacity. And the supply chain for battery minerals creates circular dependencies for the mining industry.

Digital Twins Mature

The concept of a “digital twin” – a virtual model of a physical mining operation that updates in real-time – has been discussed for years. In 2024, we’re seeing more sophisticated implementations.

Modern digital twins integrate data from multiple sources: geological models, equipment sensors, processing plant data, and environmental monitoring. They allow operators to simulate scenarios and optimise decisions.

The practical applications include:

  • Testing blast designs before execution
  • Predicting processing plant performance under different conditions
  • Identifying bottlenecks in material flow
  • Planning maintenance windows to minimise impact

The most advanced implementations link digital twins with AI decision support, allowing systems to recommend actions based on real-time conditions.

Remote Operations Expand

COVID-19 accelerated a trend that was already underway: moving mining operations control away from site. Remote operations centres (ROCs) in Perth, Brisbane, and other cities now control equipment hundreds or thousands of kilometres away.

The benefits go beyond pandemic safety:

  • Access to broader talent pools in urban areas
  • Reduced costs of flying workers to remote sites
  • Improved work-life balance for employees
  • Ability to share expertise across multiple operations

The technology enabling remote operations continues to improve. Lower latency communications, better visualisation systems, and more reliable autonomous equipment all contribute.

But remote operations also surface workforce questions. Regional communities that depend on mining employment worry about job losses. Mining companies are navigating these concerns while pursuing operational efficiencies.

Sensor Technology Proliferation

The cost of sensors continues to fall while capabilities improve. Mining operations are deploying sensors in new locations and for new purposes.

Examples include:

  • Drill bit sensors that measure rock properties in real-time
  • Conveyor belt sensors that analyse material composition
  • Wearable devices that monitor worker fatigue and heat stress
  • Environmental sensors tracking air and water quality

The challenge is no longer collecting data – it’s making sense of it. Mining operations generate enormous volumes of sensor data. Extracting actionable insights requires sophisticated analytics capabilities.

Sustainability Technology Investment

Pressure from investors, regulators, and communities is driving significant investment in sustainability technology.

Water treatment and recycling systems are being deployed at sites facing water constraints. Tailings management technology is receiving renewed attention following high-profile dam failures globally. Carbon capture and offsetting programs are becoming standard.

The intersection of sustainability and technology creates opportunities. Solar and wind power are increasingly cost-competitive for mining operations. Electric equipment reduces emissions and improves air quality. Advanced monitoring systems can detect environmental issues before they become problems.

The Data Infrastructure Challenge

Underlying all these trends is a fundamental challenge: mining operations need robust data infrastructure to capture value from new technologies.

Many operations still struggle with:

  • Legacy systems that don’t integrate easily
  • Connectivity gaps in remote locations
  • Data quality issues from aging sensors
  • Siloed information across departments

Addressing these infrastructure issues isn’t glamorous, but it’s essential. The most advanced AI or digital twin is only as good as the data feeding it.

Vendor Landscape Evolution

The mining technology vendor landscape is consolidating and evolving. Traditional equipment manufacturers are acquiring software and AI capabilities. Technology companies are building mining-specific solutions. Startups are emerging with novel approaches.

Mining companies face choices about vendor strategy:

  • Deep partnerships with major equipment manufacturers
  • Best-of-breed approaches selecting specialists for each area
  • Building internal technology capabilities
  • Hybrid approaches combining multiple strategies

There’s no single right answer. The optimal approach depends on operation scale, existing technology investments, and strategic priorities.

Investment Priorities

For mining technology leaders evaluating where to invest, several principles emerge:

Prioritise proven technologies – Autonomous haulage, predictive maintenance, and remote operations have demonstrated ROI at scale.

Build data foundations – Address connectivity, integration, and data quality before pursuing advanced analytics.

Plan for integration – Evaluate how new technologies will work with existing systems before procurement.

Consider total cost of ownership – Initial purchase price is just the beginning; factor in ongoing operational costs.

Develop workforce capabilities – Technology investments require corresponding investments in skills and training.

The mining industry’s technology transformation continues. The pace of change can feel overwhelming, but focusing on proven applications and solid foundations will serve operations better than chasing every new innovation.