The role of digitisation & disruptive technologies in mining
Artificial Intelligence is the buzz word across most industries with a lot of hype around generative AI specifically. To discuss E-mining and the role of disruptive technologies like AI in Africa’s resources sector, CNBC Africa is joined by Joachim Braun, Division President for Process Industries, ABB.
Thu, 29 Jun 2023 12:14:18 GMT
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AI Generated Summary
- The mining industry in Africa is leveraging digitization and disruptive technologies like AI to enhance efficiency and sustainability.
- E-mining involves electrification of mining operations to reduce greenhouse gas emissions and promote sustainability.
- ABB is developing AI-powered solutions for the mining sector, including power management systems, to optimize energy usage and enhance operational efficiency.
The mining industry in Africa is undergoing a significant transformation with the advancement of digitisation and disruptive technologies such as artificial intelligence (AI). Joachim Braun, Division President for Process Industries at ABB, discussed the current state of e-mining and the impact of technology on the mining sector on CNBC Africa. According to Braun, the mining industry in Africa has been embracing digitisation for several years, driven by the need to remain competitive in the global market. Miners are realizing the benefits of adopting new technologies to improve efficiency and sustainability in their operations. While there may be concerns about automation leading to job losses, Braun emphasized that digitisation creates new opportunities for higher-skilled roles and can attract a younger urban workforce. The key challenge lies in ensuring that the workforce is adequately trained to keep up with the evolving demands of the industry. E-mining, as defined by Braun, involves the electrification of mining operations to reduce greenhouse gas emissions and promote sustainability. The shift towards electrification requires increased automation and digitalisation, paving the way for AI to play a crucial role in optimizing processes and making data-driven decisions. ABB is actively involved in developing AI-powered solutions such as power management systems that help mining companies efficiently manage energy sources and consumption patterns. Despite global disruptions to the supply chain, industrial chip supplies have remained relatively stable, ensuring the continuity of operations in the industry. Looking ahead, ABB aims to enhance its local presence in South Africa and reduce dependence on external inputs, aligning with the growing emphasis on localisation and self-sustainability. Braun expressed optimism about the future of the mining, pulp and paper, and metal industries in South Africa, highlighting the potential for sustainable growth and innovation in these sectors. While the mining and pulp and paper industries are poised for a positive trajectory, the metals industry faces challenges due to overcapacity and intense global competition. Overall, Braun's outlook on doing business in South Africa is optimistic, with a focus on leveraging digitisation and disruptive technologies to drive growth and competitiveness.