Caterpillar Funds New Initiative at South Dakota Mines
Consortium Designed to Explore Advances in Mining Technologies
Caterpillar has announced a new partnership with South Dakota Mines to explore technologies such as autonomous robotic mining, advanced software used to manage mining and construction operations, and new equipment that increases efficiency and safety. In a release, the company says these technological advancements will increase natural resource sustainability while improving productivity and promoting economic development.
“This agreement is great news for the university and for the economy,” says SD Mines President Jim Rankin. “The South Dakota mining industry employs more than 2,000 people who produce more than $500 million in products annually. This partnership builds on those past successes and will yield new business opportunities and a fantastic return on investment for the whole region.”