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Almonty Industries Partners with Korea Telecom to Revolutionize Mine Safety While Also Demonstrating Commitment to ESG Compliance
Almonty and Korea Telecom collaboration introduces revolutionary Mine Safety DX technology to augment responsible and sustainable mining practices at Almonty’s
About this update from Almonty Industries Inc.
[{"type":"text","content":" Almonty and Korea Telecom collaboration introduces revolutionary Mine Safety DX technology to augment responsible and sustainable mining practices at Almonty’s Sangdong Mine TORONTO / Jul 11, 2023 / Business Wire / Almonty Industries Inc. (\"Almonty\" or the \"Company\") (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F), through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation (AKTC), is proud to announce its collaboration with Korea Telecom (KT) which is introducing cutting-edge Mine Safety DX technology. Developed in partnership with KT, this innovative solution aims to enhance worker safety and promote efficient mining practices which is indicative of AKTC’s strong commitment to environmental, social, and governance (ESG) compliance. The partnership between AKTC and KT is the result of the continuing challenges the mining industry has faced in ensuring immediate response to unforeseen events and instantaneous sharing of critical information in emergency situations. The Mine Safety DX technology, which is being implemented at the Sangdong Mine in South Korea, addresses these concerns by utilizing advanced Information and communication technology to establish a new safety framework for mining operations. “We are fully committed to implementing responsible and sustainable mining practices as we reopen the Sangdong Mine while also providing the safest environment possible for our mine workers,” said Lewis Black, President and CEO of Almonty. “Mine Safety DX technology, developed with Korean Telecom, gives us a previously unheard of level of workplace environment monitoring that ensures the detection of hazardous factors and timely notifications to protect worker well-being. We look forward to sharing this advancement with the rest of the mining community. In addition, AKTC will be making this technology, which is a key component of our ESG program, available via open source to allow all South Korean mines access to this important new system.\" The communication infrastructure established by KT and AKTC at the Sangdong Mine is based on Long Term Evolution technology. This infrastructure offers superior coverage and simultaneous access, surpassing the capabilities of Wi-Fi and radios traditionally used in mine communication. By utilizing “leaky coaxial cables” and “mining designated line ampl...