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Key people at CodelcoTech.
CodelcoTech is an innovation laboratory and technology development subsidiary focused on digitalization and productivity transformation for the global mining industry, based in Santiago, Chile. Operating as an agile research unit, the organization works exclusively on advancing and implementing industrial technologies to modernize traditional copper extraction and processing operations. The state-owned entity functions as the primary technology provider and internal development engine for its parent company and sole customer, Codelco, which is recognized as the world's largest copper producer. To drive this comprehensive corporate digitalization strategy and improve operational efficiency across its multiple mining divisions, the subsidiary has collaborated with external partners such as Porsche Consulting. The organization was originally established in 2016 by its parent corporation, Codelco, and was subsequently restructured through the strategic merger of several existing research units including Biosigma and IM2.
Key people at CodelcoTech.
Codelco Tech is a technological subsidiary of Codelco, the world’s largest copper mining company, focused on innovation and digital transformation within the mining industry. It develops advanced technological solutions such as autonomous vehicles, robotic diagnostics, and integrated data analytics to optimize mining operations, improve safety, and enhance sustainability. Serving primarily the mining sector, Codelco Tech addresses challenges related to productivity, operational efficiency, and environmental impact, leveraging collaboration with suppliers, research institutes, and startups to foster industry-wide innovation. The company has demonstrated growth momentum through its role in pioneering automation and digitalization projects in Chile’s mining operations[1][4].
Founded in 2016 as part of Codelco’s strategic push to modernize and digitize its mining processes, Codelco Tech emerged from the need to accelerate technological innovation in a traditionally conservative industry. The idea was to create an agile innovation lab that could rapidly develop and implement cutting-edge solutions to meet the complex demands of large-scale mining. Early pivotal moments include the deployment of a fleet of 17 self-driving trucks and robotic inspection systems, marking significant steps toward fully automated mining operations[1].
Codelco Tech rides the global trend of Industry 4.0 and digital transformation in heavy industries, particularly mining. The timing is critical as mining companies face increasing pressure to improve efficiency, reduce environmental impact, and enhance worker safety amid rising demand for copper driven by electrification and renewable energy technologies. By advancing automation and data analytics, Codelco Tech not only boosts Codelco’s competitiveness but also influences the broader mining ecosystem by setting new standards for technological adoption and sustainability practices[1][6].
Looking ahead, Codelco Tech is poised to deepen its role as a catalyst for mining innovation, likely expanding its portfolio of autonomous and AI-driven solutions. Trends such as the global green energy transition and demand for critical minerals will shape its journey, emphasizing sustainable and efficient resource extraction. Its influence may grow beyond Chile, potentially positioning Codelco Tech as a global leader in mining technology innovation, helping the industry meet future challenges while maintaining economic and environmental balance[1][6].
