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Report says tech can widen gaps between mining OEMs and new competitors

Faster mining uptake of key technologies could present major incumbent equipment suppliers with some strategic headaches in the years ahead, but seems most likely to help them build “wider competitive moats” if they can effectively leverage big R&D programs and market footprints enlarged over decades.

Report says tech can widen gaps between mining OEMs and new competitors Report says tech can widen gaps between mining OEMs and new competitors Report says tech can widen gaps between mining OEMs and new competitors Report says tech can widen gaps between mining OEMs and new competitors Report says tech can widen gaps between mining OEMs and new competitors

Battery-powered equipment is one potential game-changer for traditional mining equipment manufacturers (OEMs)

While current leaders in surface and underground mining equipment, and rock milling, are facing "the potential challenge of a structurally shrinking aftermarket" that is vital to all major players,