Minerals Technologies Announces Deployment of Artificial Intelligence Technology for Mining
October 22 2024 - 4:01PM
Minerals Technologies Inc. (NYSE: MTX) (MTI), a global
specialty minerals company, has expanded its partnership with AIM
Intelligent Machines Inc. (AIM), a technology company specializing
in AI-enabled safety, productivity, and analytics for mining
equipment.
AIM enables mining operations to run continuously at peak
performance in all weather conditions, unlocking value across fuel
savings, fleet availability, and optimal site planning. This
innovative technology retrofits mining equipment of any age, size
or brand, while preserving the ability to manually operate the
equipment.
“Our investment in autonomous mining technology supports our
goal of providing the safest solution for protecting our employees
and our equipment. We are excited to continue working with AIM and
to be on the forefront of autonomous technologies,” said Douglas T.
Dietrich, Chairman and Chief Executive Officer of MTI. “This has
been a great opportunity to leverage cutting-edge technology in
complex environments, in a way that will unlock even greater safety
and productivity for our workforce.”
“We are always delighted to deliver safety and value to our
partners through advanced technology deployments. MTI has been a
wonderful partner, successfully deploying and leveraging AIM
technology in production environments. We look forward to
continuing to deliver ultimate safety and productivity for the
mining sector,” said Adam Sadilek, CEO of AIM.
About Minerals Technologies Inc.
New York-based Minerals Technologies Inc. (“MTI”) is a leading,
technology-driven specialty minerals company that develops,
produces, and markets a broad range of mineral and mineral-based
products, related systems, and services. MTI serves globally a wide
range of consumer and industrial markets, including household, food
and pharmaceutical, paper, packaging, automotive, construction, and
environmental. The company reported global sales of $2.2 billion in
2023. For further information, please visit our website at
www.mineralstech.com.
About AIM
AIM Intelligent Machines, Inc. (AIM) delivers the maximum safety
and productivity level in mining operations. AIM’s platform
provides a rugged plug-and-play solution for a wide range of heavy
equipment fleets in the field today. We take customers from their
current mode of operation to autonomous operation with a rigorous
3-step process. Please see www.aim.vision for further
information.
MTI Media Contact:Jennifer Albert, (212) 878-1840
MTI Investor Contact:Lydia Kopylova, (212) 878-1831
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