Codelco and Hexagon Sign Agreement on Advanced Mining Technologies

Chilean state-owned copper miner Codelco and Swedish tech firm Hexagon have signed a Memorandum of Understanding (MoU). The new partnership marks the start of a strategic collaboration designed to test, adapt, and integrate advanced technologies. The aim is to improve safety, operational efficiency, automation, and sustainability across the Group’s activities.

Signed in Tucson, Arizona, on December 18, 2025, the agreement sets out a working framework that could lead to specific contracts and formal projects in the coming years. The MoU is intended to strengthen operational safety and accelerate the automation and digitalisation of production processes. It also places a focus on developing environmental monitoring and analysis tools to support more sustainable operations.

The MoU provides a framework for pilot projects and for testing products that are under development or not yet commercialised. Another key element is adapting Hexagon’s technologies to Codelco’s operational needs and challenges. Hexagon plans to deliver solutions based on operational technologies and data analytics to help customers optimise resources and move material safely.

Planned initiatives include fatigue and distraction alert systems, collision avoidance and pedestrian protection technologies, sensors and visualisation platforms for real-time environmental monitoring, and the use of artificial intelligence applied to both safety and processes. The scope also includes autonomous solutions such as truck fleet management systems, advanced tools for assisted drilling, and geospatial analysis capabilities to assess environmental impact and support decision-making considered responsible.

“This alliance is part of our drive towards digitalisation, with the aim of moving towards safer, more efficient and more sustainable mining, while strengthening our relationship with world-class technology partners.”

Said Felipe Lagno, Corporate Manager of Innovation and Technology at Codelco.

“Together, we can demonstrate how collaboration and digital innovation can transform the mining industry for the better.”

Said Dave Goddard, President, Mining at Hexagon.

The agreement will have an initial term of five years and will be governed by principles shared by both parties, including confidentiality, the responsible use of technical information, and a common framework for project development.