Komatsu Ltd., through its wholly owned subsidiary in Australia, has agreed to acquire Mine Site Technologies Pty Ltd., a provider of operational optimization platforms for underground mining that leverage communication devices and position tracking systems. Komatsu is planning to close the acquisition on 1 July, on the condition that all necessary procedures for closing are completed. The impact on Komatsu’s consolidated business results is estimated to be minimal.
As global demand for essential resources requires Komatsu’s customers to go underground for mineral deposits, the company is rapidly developing new technologies, equipment and solutions to support the industry’s future needs. Empowering its customers growing use of digitalisation and automation to improve safety and productivity, Komatsu plans to work with MST Global to help customers build digital ecosystems with real-time insights and alerts, voice and communication technologies, software solutions, robust network infrastructure and wireless and geospatial technologies.
Together the companies will work to increase availability of high-speed, low latency digital communication, which is necessary to: provide mission-critical communication, integrate IoT sensors, increase the volume of information communicated and enable real-time tracking, monitoring and automation of mine operations.
For 30 years, Sydney-based MST Global has consistently delivered innovative solutions to address the needs of customers today and for the future. The company specialises in developing and delivering ruggedised, fit for purpose solutions and services partnering with mining and tunneling customers on their digital strategy to unearth safety and productivity improvements.