BHP and Microsoft: An Unlikely Duo Boosting Copper Mining with AI

• BHP Group Ltd (NYSE: BHP) is collaborating with Microsoft Corp (NASDAQ: MSFT) to use artificial intelligence and machine learning to improve copper mining.

• The use of new digital technology to optimize concentrator performance at BHP's Escondida operation in Chile is expected to improve copper recovery.

• BHP estimates the world would need to double the amount of copper produced over the next 30 years, relative to the past 30 to meet the demand of decarbonization technologies.

• By using real-time plant data from the concentrators in combination with AI-based recommendations from Microsoft's Azure platform, the concentrator operators at Escondida will have the ability to adjust operational variables that affect ore processing and grade recovery.

• The concentrator circuit is responsible for extracting, floating and collecting the copper mineral from crushed and milled ore.

• Escondida produces over one million metric tonnes of copper per annum.

• Price Action: BHP shares are trading higher by 0.07% at $56.71 in premarket on the last check Tuesday.

• Photo via Wikimedia Commons

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