Industrial Internet of Things in Mine Electrification: Necessity or luxury?

Mining electrification, defined as the process of using electricity to power mine sites instead of fossil fuels, is one of the most significant and transformative trends in the mining industry of our time. It has direct impacts on the environment, social, and governance, license to operate, global competitiveness, and the ability to raise capital from investors and financiers. Recent industry efforts reflect the recognition of the importance of this trend by the mining industry.