Chile's state-owned mining company Codelco and Microsoft have signed an 18-month agreement to explore joint initiatives in artificial intelligence, data analytics, and automation. The partnership aims to make mining operations safer, more efficient, and sustainable by focusing on AI-driven decision-making and process automation.
Key areas of collaboration will include intensive data use, autonomous operations, and strengthening cybersecurity. The agreement includes a framework for joint governance and envisions both companies testing new solutions and sharing international expertise.
The main topics covered are a corporate partnership between Codelco and Microsoft, the application of digital technologies like AI and automation in mining, and the goals of improving safety, efficiency, and sustainability in industrial operations.
Chile's state-owned Codelco, the world's largest copper producer, and Microsoft signed a memorandum of understanding to evaluate joint initiatives in artificial intelligence, advanced analytics, automation and digital security, the miner âsaid â on Thursday.
"This alliance with Codelco reflects the potential that artificial intelligence represents to advance development â in the mining sector and Chilean market, facilitating safer, more efficient and sustainable operations with a focus on people, productivity and long-term value for the company and country," said Tito Arciniega, president of Microsoft Latin America.
The agreement will run for 18 âmonths initially with joint governance for strategic and operational âtracking.
Areas include intensive data use, AI for decision-making, autonomous operations, automation of critical âprocesses and cybersecurity strengthening.
â The partnership âenvisions both companies participating in âearly testing âof new solutions and the â sharing international experiences.
"Working with a world-class âtechnological leader like Microsoft consolidates âour leadership in the future of mining. Faced with an accelerated digital transformation, we have to process and consider large volumes of operational data," said Codelco âCEO Ruben Alvarado.
"This alliance with Codelco reflects the potential that artificial intelligence represents to advance development â in the mining sector and Chilean market, facilitating safer, more efficient and sustainable operations with a focus on people, productivity and long-term value for the company and country," said Tito Arciniega, president of Microsoft Latin America.
The agreement will run for 18 âmonths initially with joint governance for strategic and operational âtracking.
Areas include intensive data use, AI for decision-making, autonomous operations, automation of critical âprocesses and cybersecurity strengthening.
â The partnership âenvisions both companies participating in âearly testing âof new solutions and the â sharing international experiences.
"Working with a world-class âtechnological leader like Microsoft consolidates âour leadership in the future of mining. Faced with an accelerated digital transformation, we have to process and consider large volumes of operational data," said Codelco âCEO Ruben Alvarado.
Meridiano
