Published: September 10, 2024 |

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Hitachi Construction Machinery has acquired approximately 12 percent equity holding in Envirosuite Ltd. for $6.7 million (AUD $10 million) in Australia and became its largest single entity shareholder.

“We are thrilled to be launching into the top tier of global mining services with Hitachi Construction Machinery and their subsidiaries. Together, we expect to set new standards in operational management and environmental responsibility for the mining industry globally which aligns strongly with both companies’ visions for a sustainable world,” said Envirosuite CEO Jason Cooper.

“The $6.7 million investment and collaboration agreement represents definitive industry validation of our technology at the highest level, and will showcase our ability to help customers achieve their productivity and ESG goals through an innovative site-wide digital solutions approach. This is a significant untapped opportunity in the mining industry,” added Cooper.

“We are excited to be investing in a strategic relationship with Envirosuite. Their decades of experience and commitment to environmental and social responsibility while helping customers achieve their productivity goals aligns perfectly with Hitachi Construction Machinery’s vision for ‘ensuring a prosperous land and society for the future, and contributing toward realizing a safe and sustainable society,” said Hitachi Construction Machinery Vice President and Executive Officer, President of Mining Business Unit, Eiji Fukunishi.

“Envirosuite’s culture of honesty, integrity and commitment to customers and the communities we all serve is the foundation of both of our businesses. Through this investment, we hope to leverage Envirosuite’s solutions, data scientists’ analytical capabilities, and its findings and know-how in subscription business in order to further refine Hitachi Construction Machinery’s solutions in the mining business,” added Fukunishi.

Envirosuite provides real-time environmental remote monitoring and predictive technology solutions for industrial operations. This collaboration with Envirosuite is a cornerstone of Hitachi Construction Machinery’s strategy to address global demand around ESG and greenhouse gas (GHG) challenges in mining, leveraging Envirosuite’s industrial technology, Hitachi Construction Machinery’s knowledge of mining as well as the fleet management and digital mining solutions of Wenco, a wholly owned subsidiary of Hitachi Construction Machinery.

The intent of the collaboration agreement is to accelerate the development and adoption of environmental and safety intelligence technology within the mining industry, providing customers with leading-edge tools to help achieve their ESG and net zero related objectives as well as their operational efficiency goals. The combined expertise of both companies is expected to increase market opportunities, with the goal of driving sustainable practices and operational efficiencies across the sector.

Mining sites operate 24-7, and improving the site environment for the safety and health of workers and reducing the environmental impact on local communities is essential for mining companies to achieve sustainable resource extraction.

Envirosuite is the global full-service provider of environmental intelligence solutions and a leader in its target sectors. Using Envirosuite solutions, mining customers can reduce environmental impact and demonstrate responsible mining practices while achieving productivity goals.

Going forward, funds from this strategic investment will be used to advance Envirosuite industrial software solutions and market penetration particularly in the mining sector, with a specific focus on delivering solutions to solve ESG and GHG challenges for mining operators. Hitachi Construction Machinery will enhance solution proposals that lead to safety and reducing environmental impact while maintaining the productivity of mining sites by using Envirosuite’s solutions into their offerings.

Hitachi Construction Machinery Group said it will strongly promote open innovation with various business partners and startups, and provide innovative solutions through a diverse range of touchpoints across the full spectrum of mining operations.

Hitachi Construction Machinery Group plans to exhibit its digital solutions, including advanced ESG and productivity technology partners, such as Envirosuite, at Booth 8649 at MINExpo2024.

Hitachi Construction Machinery, headquartered in Tokyo, Japan, is a construction machinery manufacturer which globally deploys development, manufacturing, sales, and service businesses for its hydraulic excavators, wheel loaders, compaction equipment, and mining machinery. In addition to its new machinery business, Hitachi Construction Machinery is expanding its value chain businesses of parts and services, remanufacturing (parts and machines), rentals, and used equipment as it aims to grow together with customers as a true solutions provider that offers innovative solutions to customers. The company has roughly 26,000 employees around the world.

Envirosuite is an environmental intelligence technology company that helps the mining, industrial, aviation, waste, and wastewater sectors manage operational challenges to reduce risk and improve productivity while protecting and strengthening community and stakeholder relationships. Envirosuite’s powerful solutions combine operational data, evidence-based scientific methods and predictive meteorological models, and real-time monitoring of air quality, dust, noise, odor, vibration, and water quality to provide decision support on optimal operations management. For example, the industrial platform leverages artificial intelligence to analyze detailed noise data and suggest to users what the cause of each noise event might be.

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