IMDEX Ltd, a global mining technology company, has recently announced a joint development agreement with Tribe Technology PLC. Tribe Tech is a technology-first developer and manufacturer of autonomous mining equipment. The agreement between the two companies aims to develop future technology by integrating their unique services and offerings.
Tribe Tech’s proprietary technology aims to enhance productivity, reduce costs, and improve safety in the global mining industry. The smart mining sector is projected to reach US$23.05 billion by 2028, positioning Tribe Tech as a potential market leader in automated drilling.
Charlie King, CEO of Tribe Tech, sees this partnership as a significant step towards becoming a leader in drilling automation in the mining industry. He highlighted the opportunity to add new features that will capitalize on existing market opportunities. Paul House, CEO of IMDEX, emphasized their history of transitioning technologies from specialist service provider operated systems to driller operated systems and now moving towards machine-operated systems with Tribe Tech.
Overall, this collaboration between Tribe Tech and IMDEX holds the potential to advance technological innovation in the mining industry and further streamline operations for drilling contractors and resource companies worldwide.