Epiroc to Acquire Remaining ASI Mining Shares

Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has announced their intention to acquire the remaining 66% share of ASI Mining, a U.S.-based autonomous mining solutions company. Epiroc already owns 34% of ASI Mining, which it acquired in 2018.

ASI Mining is based in Mendon, Utah, United States. The company, a subsidiary of Autonomous Solutions, Inc., is a leading provider of mining automation systems, such as remote control, teleoperation, and fully autonomous solutions. The acquisition of the remaining share requires regulatory approval from U.S. competition authorities and is expected to be completed in the third quarter 2024.

“Epiroc and the innovative team at ASI Mining are already collaborating closely to bring the most advanced automation solutions to mining customers. We look forward to complementing their solutions fully with our offering and together continue supporting customers on their automation journey.” said Helena Hedblom, Epiroc’s President and CEO.

For more information: https://news.cision.com/epiroc/r/epiroc-to-acquire-remaining-share-of-autonomous-solutions-provider-asi-mining,c3989018