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Latest News | News Archive |



ABB & ECOHOIST TO COLLABORATE ON MINE HOISTING TECHNOLOGY

23 April 2024

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ABB and EcoHoist have signed a Memorandum of Understanding (MoU) to collaborate
on the development of a vertical material transport solution for underground
mines.



The solution combines EcoHoist's technology with ABB’s technical capability and
experience in vertical ore haulage in mining.

The EcoHoist aims to improve on traditional vertical hoisting systems, by
substantially reducing the size of the required mine shafts.

This reduction in mine shaft size leads to a reduction in capital cost and
construction time compared to skip hoist systems.

The EcoHoist operates on electricity and provides the opportunity for mines
using conventional diesel-powered load and haul fleets to simultaneously cut
production costs and decarbonise.

The collaboration will see experts from both companies contributing to solutions
for the future of underground ore haulage systems and provides opportunities for
further commercial arrangements.

ABB has a strong reputation for delivering robust solutions for the mining
industry, and EcoHoist hopes this collaboration will accelerate the adoption and
deployment of the EcoHoist pilot.

“The mining industry globally is poised for a sustainability step-change and ABB
is excited to work with EcoHoist in support of new technologies in this
journey,” said Björn Jonsson, global business line manager, Hoisting, ABB.

Aaron Trueman, Australian Business Line Manager for Hoisting, ABB, added, “No
matter the mine in Australia, the challenge is how to get ore out of the ground
safely and efficiently with high availability in very remote locations.

"Hoists are a critical mine asset to achieve this, and novel approaches to ore
haulage such as EcoHoist are what the industry needs to deliver minerals
essential to modern technology.”

Michael Short, business development engineer, EcoHoist, added: “EcoHoist offers
an opportunity for mining leaders interested in integrating a low-cost solution
into their operation. We are now in early conversations with interested mining
companies for collaboration projects to trial this innovative technology, aiming
to increase production rates while reducing both operating costs and carbon
footprint.”































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