Coal Market

Use Of Drones And Big Data In The Coal Mining Industry

Drones are being increasingly used by coal mining companies to provide real time aerial footage and 3D maps of mining sites. Coal mining companies are turning to drones to improve safety and efficiency of the mines and promote cost savings. For example, BHP Billiton has been using drones to ensure areas are clear before blast and to keep track on fumes post-blast. The coal mining company also uses drones to improve road safety on site and to inspect mining equipment. BHP Mitsubishi Alliance (BMA) and BHP Mitsui Coal (BMC) are now testing specialized drones to conduct mineral surveys. This will help the companies to identify minerals for potential extraction by looking at different mineral patterns. Companies such as Hexagon Mining are also providing specialized drone solutions for coal mines.

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The coal mining industry is based on large and complex data sets, the true potential of which is being realized now as coal mining companies are increasingly investing in big data technology. Coal mining companies can speed analytics, evaluate data, and crunch volumes of internal and external data to identify trends and make better predictions, improving performance and ensuring safer mining operations. Big data analytics helps in improving operational efficiencies and safety and security in the mines. Big data analytics provides insights based on real-time monitoring of people in the mines, environment inside the mine such as gas concentration, amount of coal dust, and wind speed, and also helps in monitoring the mining equipment. Companies such as Joy Global and Rio Tinto have adopted big data technology to improve efficiency of the systems.

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The coal mining industry includes establishments involved in mining bituminous, sub-bituminous, lignite and anthracite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. It also includes the development of coal mine sites, and improvement of coal, including cleaning, washing, screening and sizing of coal.

The mining market,of which the coal mining market is a segment, consists of sales of minerals, metals and other valuable materials such as sand and gravel, coal and stone extracted from the earth’s crust by entities (organizations, sole traders and partnerships) that undertake the process of extraction.

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The coal mining market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast growth by geography. It places the market within the context of the wider mining market, and compares it with other markets.

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