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Sumitomo, ABB sign agreement to explore decarbonization of mining machinery
A new agreement focuses on delivering net-zero solutions for mining by developing strategies for electrification, digitalization, and advanced industrial technologies.
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Joachim Braun, ABB Division President Process Industries together with Kenichi (Kevin) Hyuga, General Manager, Construction and Mining Systems SBU in Sumitomo Corporation at the signing ceremony at bauma trade show, Munich, Germany
ABB has signed a Memorandum of Understanding (MoU) agreement with the Construction and Mining Systems Strategic Business Unit (SBU) of Sumitomo Corporation, the Japan-headquartered industrial group. The two companies will collaborate to explore joint solutions for decarbonizing the operations of mining machinery with a focus on fleet electrification.
The collaboration comes as mining customers seek to decarbonize their operations. As they move to facilitate the transition to decarbonized operations through electrification, miners pursue innovative, economically viable and heavy industry suitable solutions for vehicle and machinery fleets. The two companies plan to devise strategies to meet the demanding requirements of industrial applications, such as high power, automated and safe operation, ruggedized and fit for harsh environmental conditions, with all equipment built to approved standards.
Teams from ABB and Sumitomo will work together to bring a vision of their complementary systems for decarbonizing mining to concept, relying on their combined understanding of the sector. The aim is to enable energy delivery to mobile electric assets, as well as the required infrastructure of dynamic and static energy transfer.
The next steps will include a complete feasibility assessment and review. ABB and Sumitomo will also collaborate closely to develop business models and methods of working to suit mining customers, including further links with potential partners and go-to-market strategies.
"At ABB, we are committed to advancing the decarbonization of transportation fleets through our cutting-edge propulsion technologies," said Edgar Keller, Division President, ABB Traction. "We look forward to beginning this partnership, which reinforces our mission to deliver innovative solutions that not only lower total cost of ownership, but also contribute to cleaner, greener operations."
ABB draws on 130 years of experience in the mining industry and is a pioneer in the integration of electrification, automation and digitalization in mining.
www.abb.com
ABB has signed a Memorandum of Understanding (MoU) agreement with the Construction and Mining Systems Strategic Business Unit (SBU) of Sumitomo Corporation, the Japan-headquartered industrial group. The two companies will collaborate to explore joint solutions for decarbonizing the operations of mining machinery with a focus on fleet electrification.
The collaboration comes as mining customers seek to decarbonize their operations. As they move to facilitate the transition to decarbonized operations through electrification, miners pursue innovative, economically viable and heavy industry suitable solutions for vehicle and machinery fleets. The two companies plan to devise strategies to meet the demanding requirements of industrial applications, such as high power, automated and safe operation, ruggedized and fit for harsh environmental conditions, with all equipment built to approved standards.
Teams from ABB and Sumitomo will work together to bring a vision of their complementary systems for decarbonizing mining to concept, relying on their combined understanding of the sector. The aim is to enable energy delivery to mobile electric assets, as well as the required infrastructure of dynamic and static energy transfer.
The next steps will include a complete feasibility assessment and review. ABB and Sumitomo will also collaborate closely to develop business models and methods of working to suit mining customers, including further links with potential partners and go-to-market strategies.
"At ABB, we are committed to advancing the decarbonization of transportation fleets through our cutting-edge propulsion technologies," said Edgar Keller, Division President, ABB Traction. "We look forward to beginning this partnership, which reinforces our mission to deliver innovative solutions that not only lower total cost of ownership, but also contribute to cleaner, greener operations."
ABB draws on 130 years of experience in the mining industry and is a pioneer in the integration of electrification, automation and digitalization in mining.
www.abb.com
