In the next decade, the mining industry may lose more than half of its jobs to automation, according to a new report. That’s not based on future technologies, but on automated equipment being deployed today.
The mining industry is primed for automation. It’s capital intensive, buys expensive equipment and pays relatively well.
This industry is adopting self-driving trucks, automated loaders and automated drilling and tunnel-boring systems. It is also testing fully autonomous long-distance trains, which carry materials from the mine to a port, according to the report by the International Institute for Sustainable Development in Winnipeg, Canada.
A broader question is whether mining is a bellwether for other industries. There’s no clear answer, but what Aaron Cosbey, a development economist with the institute and a report author, can say is this: “Where you can find robotic replacements for human labor you tend to do it.”