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Epiroc to Acquire ASI Mining

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Epiroc to Acquire ASI Mining
Epiroc is expected to purchase ASI Mining’s remaining portion.

The remaining portion of ASI Mining, a supplier of completely autonomous, remote control, and teleoperation mining automation systems, is expected to be acquired by Epiroc. This action is a continuation of an ongoing partnership to implement self-driving mining machinery.

Because ASI’s solutions are OEM agnostic, they are suitable for mixed fleets and function independently of the brand of machine. The company claims that the solutions reduce pollutants and overall operating costs while increasing mine productivity and safety.

The president and CEO of Epiroc, Helena Hedblom, stated in a statement, “Epiroc and the creative team at ASI Mining are already working closely to bring the automation solutions to mining customers.” “We are excited to fully complement their solutions with ours and work with them to continue assisting customers on their automation journey.”

It is anticipated that the acquisition of the remaining portion will be finalised in the third quarter of 2024, subject to regulatory approval from U.S. competition authorities.

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