Technology Investment Priorities in Asian Mining, 2015

 Published On: Feb, 2015 |    No of Pages: 50 |  Published By: Timetric | Format: PDF
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Synopsis
This report provides a detailed analysis of investment intentions in 12 areas of technology in the Asian mining sector. The analysis is based upon Timetric’s survey of 115 mine managers, procurement managers and other key decision-makers, and focuses in particular on mine management and vehicle-related technologies.
Areas of analysis include:

• Mining companies’ priorities for investments in the coming two years, across 12 mine-site technologies. These include machine automation, mine design software, environmental monitoring, mine survey equipment and fleet management to name a few, with separate analyses for mine management technologies and vehicle-related technologies.

• Comparisons of investment intentions across segments, including commodities produced, mine type and size of company, as measured by global annual revenues.

• Regional comparisons highlighting differences between current and prospective investments across India, Indonesia and the Philippines.

• Specific insight into the potential for autonomous vehicles and expectations for investment over the next 10 years.

Summary
Overall trends in the data revealed:

• The primary technologies in which respondents plan to increase investments are mine management software for scheduling/optimization, mine survey equipment, equipment health monitoring and mine design and modeling software.

• 60% or more of mines have already invested in mine management related software and technologies.

• Technologies with the lowest site presence are real time video training and remote control equipment/machine automation.

• Investment in Environmental monitoring adn emissions management technology is set to increase significantly in the coal sector and in Indonesia.

• Only a small percentage (6%) currently use autonomous vehicles and an even smaller (2%) number of respondents are planning to implement autonomous vehicles on site in the coming two years.

• Indian mines have a higher rate of planned investments into vehicle-related technologies in comparison to other African nations.

• Safety is the number one driver of technology investments. No matter in which way the data is organized, safety continually drives the need to invest in technology.

Scope
The report is based on a survey of 115 senior managers and decision makers at 100 operating Asian mines, responsible for the purchase of plant, equipment and consumables. Survey respondents came from seven different countries: India, Indonesia, the Philippines, Pakistan, Vietnam, Mongolia and Thailand. This included six different commodity groups and a range of surface and underground mining operations. Respondents were asked to outline their current and future intentions for technology investments across 12 areas, which included mine design, mine survey equipment, scheduling and optimization, equipment health monitoring and machine automation. The report outlines the drivers for these investments and outlines safety, productivity and cost cutting needs as influential in decision making.

Reasons To Buy
• Understand what factors most influence technology investment, and how this varies by company size and type.

• Target the segments with the greatest opportunity for your technology products and services, based on mine type, region, company size and commodity.

• Segment the market according to those fully invested, those partially invested and those not considering investment in each technology.

Key Highlights
• The top two areas for future technology investment are mine management software (scheduling/optimization) and mine survey equipment. These areas are parts of a broader group of technologies that are considered advanced mine site technologies and support digital mining.

• Indian mines already consider their investments sufficient in the key technologies (22-53% for various vehicle technologies and 36-56% for various mine management technologies), meaning the best opportunities for future spend are in markets such as Indonesia and the Philippines.

• Coal and base metals were the commodity sectors with the highest share of respondents considering additional investments in the next two years.

• Only a small percentage of respondents have autonomous vehicles currently active on site (6%), with an even smaller percentage (2%) considering implementing the technology in the coming 2 years. A large proportion, 48%, do not expect to autonomous vehicles at their mines in the foreseeable future.
Table of Contents
1 Executive Summary
2 Technology Investment Intentions in Asia
2.1 Benchmarking Investment Intentions across 12 Technologies
3 Technology Investment Intentions for Mine Management
3.1 Technology Investments into Mine Management Tools
3.2 Vehicle Emission Standards in Asia as a Driver for Investment in Emissions Management Systems
3.3 Mine Management Technology Investment by Mine Type
3.4 Mine Management Technology Investment by Commodity
3.5 Mine Management Technology Investment by Company Size
3.6 Mine Management Technology Investment by Location - India, Indonesia and the Philippines
4 Technology Investments and Intentions for Vehicles
4.1 Overview of Vehicle-Related Technologies Investments and Intentions
4.2 Vehicle-Related Technology Investments by Company Size
4.3 Vehicle-Related Technology Investments by Mine Type
4.4 Vehicle-Related Technology Investment by Location - India, Indonesia and the Philippines
4.5 Automation in Mining Equipment and Autonomous Vehicles
5 Safety is the Key Driver of Technology Investment
6 Recommendations
7 Appendix I
8 Appendix II
8.1 Survey Background
8.2 Analysis of the Survey Sample
8.3 Equipment Sourced from Main Supplier
9 Appendix III
9.1 What is This Report About?
9.2 Methodology
9.3 Contact Timetric
9.4 About Timetric
9.5 Disclaimer

List of Tables
Table 1: Respondents’ Intentions to Invest in 12 Mine-Site Technologies (%), 2014
Table 2: Top Areas for Future Technology Investment (%), 2014
Table 3: Main Driver of Technology Investments (%), 2014
Table 4: Mine Management Technology Investments (%), 2014
Table 5: Mine Management Technology Investments by Type of Mine (%), 2014
Table 6: Mine Management Technology Investment by Commodity (%), 2014
Table 7: Mine Management Tools Investment Planned – Comparison for Industrial Minerals, Coal, Base Metals & Iron Ore (%), 2014
Table 8: Mine Management Technology Investment by Company Size (%), 2014
Table 9: Mine Management Technology Investments in India, Indonesia & the Philippines (%), 2014
Table 10: Mine Management Technology Already in Place in India, Indonesia & the Philippines (%), 2014
Table 11: Mine Management Technology Investments by Company Size in India (%), 2014
Table 12: Mine Management Technology Investments in India by Commodity (%), 2014
Table 13: Vehicle-Related Technology Investments & Intentions (%), 2014
Table 14: Vehicle-Related Technology Investments by Company Size (%), 2014
Table 15: Vehicle Technology Investments by Mine Type (%), 2014
Table 16: Vehicle Technology Investment in India, Indonesia & the Philippines (%), 2014
Table 17: Vehicle-Related Technology Investments in India by Commodity (%), 2014
Table 18: Breakdown of Vehicle-Related Technology Investments by Mine Type in India (%), 2014
Table 19: Respondent Plans for Using Autonomous Vehicles (%), 2014
Table 20: Underground & Surface Respondent Plans for Using Autonomous Vehicles on Site(%), 2014
Table 21: Remote Control/Machine Automation Implemented on Sites by Commodity (%), 2014
Table 22: Remote Control/Machine Automation Implemented on Site by Mine Type and Commodity (%), 2014
Table 23: Ranking of Dominant Driver for Technology (%), 2014
Table 24: Ranked 1 Driver for Technology by Commodity (%), 2014

List of Figures
Figure 1: Respondents’ Intentions to Invest in 12 Mine-Site Technologies (%), 2014
Figure 2: Top Areas for Future Technology Investment (%), 2014
Figure 3: Main Driver of Technology Investment (%), 2014
Figure 4: Respondents’ Intentions to Invest in 12 Mine-Site Technologies (%), 2014
Figure 5: Mine Management Technology Investment (%), 2014
Figure 6: Mine Management Technology Investment by Type of Mine (%), 2014
Figure 7: Mine Management Technology Investment by Commodity (%), 2014
Figure 8: Planned Investment into Mine Management Tools - Comparison by Commodity Group(%), 2014
Figure 9: Mine Management Technology Investments by Company Size (%), 2014
Figure 10: Mine Management Technology Investments by Companies Earning over US$10 billion (%), 2014
Figure 10: Mine Management Technology Investments in India, Indonesia and the Philippines (%), 2014
Figure 11: Mine Management Technologies Already In Place in India, Indonesia and the Philippines(%), 2014
Figure 12: Mine Management Technology Investments by Company Size in India (%), 2014
Figure 13: Mine Management Technology Investments in India by Commodity (%), 2014
Figure 14: Vehicle-Related Technology Investments and Intentions (%), 2014
Figure 15: Vehicle-Related Technology Investments by Company Size (%), 2014
Figure 16: Vehicle-Related Technology Investments by Mine Type (%), 2014
Figure 17: Vehicle-Related Technology Investments – India, Indonesia and the Philippines (%), 2014
Figure 18: Vehicle-Related Technology Investments in India by Commodity (%), 2014
Figure 19: Breakdown of Vehicle-Related Technology Investments by Mine Type in India (%), 2014
Figure 20: Respondent Plans for Using Autonomous Vehicles on Site (%), 2014
Figure 21: Underground and Surface Respondent Plans for Using Autonomous Vehicles on Site (%), 2014
Figure 22: Remote Control/Machine Automation Implemented on Sites by Commodity (%), 2014
Figure 23: Remote Control/Machine Automation Implemented on Site by Mine Type and Commodity (%), 2014
Figure 24: Ranking of Dominant Driver for Technology (%), 2014
Figure 25: Highest Priority Driver for Technology by Commodity (%), 2014
Figure 26: Survey Respondents by Country (%), 2014
Figure 27: Survey Respondents by Mine Type (%), 2014
Figure 28: Survey Respondents by Commodity (%), 2014
Figure 29: Equipment Supplied by Respondents’ Major Equipment Supplier by Type (%), 2014
Figure 30: Equipment Supplied by Respondents’ Major Equipment Supplier, by Manufacturer (%), 2014

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