Tech, Media & Telecom
Hanwha, KT to cooperate on smart mining
Both sides will focus on AI-based mining operation automation, real-time monitoring, and data analysis
By Jul 09, 2024 (Gmt+09:00)
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![Hanwha, KT to cooperate on smart mining](https://www.kedglobal.com/data/ked/image/2024/07/09/ked202407090001.700x.0.jpg)
Smart mining utilizes new technologies to improve the efficiency of drilling, blasting, and transportation operations.
The two companies will integrate advanced technologies, including automation, real-time monitoring, data analysis, and artificial intelligence (AI) to optimize efficiency and worker safety.
The initiative is also expected to generate cost savings and environmental benefits.
The MOU outlines plans for further research and development.
The companies will share expertise in smart blasting technology and mine safety solutions, collaborate on integrating their platforms for remote blasting functions, and explore joint ventures in telecommunications, Internet-of-Things (IoT) services, and global market expansion.
The initial focus will be on implementing smart mining solutions in Taebaek City, Gangwon Province, a region with a high concentration of mines.
Write to Woo-Sub Kim at duter@hankyung.com
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