Komatsu Ltd., through its Australian subsidiary, 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 was planning to close the acquisition on July 1, 2022, on the condition that all necessary procedures for closing are completed. The impact on Komatsu’s consolidated business results is estimated to be minimal.
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 developed and delivered ruggedized, fit for purpose solutions and services partnering with miners on their digital strategy for safety and productivity improvements.