Epiroc to Acquire ASI Mining

The move serves as a continuation of an existing collaboration to introduce autonomous mining equipment.

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May 30, 2024

An illustration of ASI Mining’s solutions on a mine truck.

Epiroc is set to acquire the remaining share of ASI Mining, a provider of mining automation systems, such as remote control, teleoperation, and fully autonomous solutions. The move serves as a continuation of an existing collaboration to introduce autonomous mining equipment.

ASI's solutions are OEM agnostic, meaning they work regardless of machine brand and fit well for mixed fleets. The solutions strengthen mine safety and productivity while lowering emissions and total cost of operation, according to the company.

“Epiroc and the innovative team at ASI Mining are already collaborating closely to bring the automation solutions to mining customers,” said Helena Hedblom, Epiroc’s president and CEO, in a statement. “We look forward to complementing their solutions fully with our offering and together continue supporting customers on their automation journey.”

The acquisition of the remaining share requires regulatory approval from U.S. competition authorities, and is expected to be completed in the third quarter 2024.