ASI’S SCYTHE ACQUISITION AMPLIFIES AUTONOMOUS OFF-ROAD VEHICLE LEADERSHIP

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ASI Mining Successfully Completes First AHS Test at Ferrexpo Yeristovo Mine in Ukraine With Plans to Convert Additional Trucks

ASI Mining, a subsidiary of Autonomous Solutions, Inc. (ASI), has started work on a project in Ukraine to retrofit and automate a fleet of 15 haul trucks at the Ferrexpo Yeristovo Mine (FYM).

“This project is one of the first major autonomous haulage deployments in Eastern Europe. It represents a major milestone for the accessibility of automation at sites across the world,” said Patrick Hald, General Manager, ASI Mining. “Autonomous mining is no longer a luxury available only to the largest mines.”

FYM and ASI Mining successfully completed an initial test on October 21, 2019 by converting, and autonomously operating, a 793D haul truck. Ferrexpo plans to expand automation to a total of 15 trucks within the next two project phases, subject to market conditions and cash flows.

Alexander Tubaltsev, Chief Miner at Ferrexpo Yeristovo Mining, said “We selected ASI Mining because it is one of the world’s leading providers of robotics and automation and has already completed a significant number of successful deployments with major corporations in the mining and automotive industries. Ferrexpo is very proud to be the first to lead this initiative, not only in Ukraine, but also as the first open pit mine in Europe to do so.”

FYM anticipates the autonomous mining fleet will deliver significant safety benefits to employees, particularly by eliminating fatigue-induced accidents. The improved safety benefits will also be complemented by expected improvements in productivity and better control over the quality of the company’s ore mix.

ASI’s Mobius® Haulage A.I. will be a key component in the implementation and operation of the project. Mobius leverages advanced multi-vehicle command and control software to set up and manage a coordinated system of haul trucks. The Mobius Haulage Platform manages autonomous traffic, coordinates manned or unmanned vehicles and regulates the haul cycle in the most efficient way possible.

By employing Mobius software at the Yeristovo mine, Ferrexpo anticipates improvements in utilization, along with increased safety and productivity gains.

About ASI Mining

ASI Mining is partially owned by Epiroc, which acquired 34% of the company in 2018. ASI Mining is recognized for its products and solutions in robotics and autonomous vehicle technology including autonomous haulage, semi-autonomous blasting, drilling, dozing, loading and other applications. In addition to providing solutions for some of the world’s largest mining corporations, ASI Mining is also an automation partner for several global mining vehicle manufacturers. Learn more at www.asirobots.com/mining.

About Ferrexpo

Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine. It has been mining, processing and selling high quality iron ore pellets to the global steel industry for 40 years. Ferrexpo’s resource base is one of the largest iron ore deposits in the world. In 2018, the Group produced 10.6 million tonnes of pellets, a 2% increase compared to 2017, ranking it as the 3rd largest exporter of pellets to the global steel industry with a market share of approximately 8.5%. Ferrexpo has a diversified customer base supplying steel mills in Austria, Germany, Japan, South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey and Vietnam. Ferrexpo has a premium listing on the main market of the London Stock Exchange under the ticker FXPO. For further information, please visit www.ferrexpo.com.

Autonomous Solutions, Inc. (ASI) Begins Work with Barrick Gold on First Major Autonomous Haulage Project in the United States

JUNE 19, 2018 – Autonomous Solutions, Inc. (ASI): ASI Mining, has begun work on a project with Barrick Gold Corporation to retrofit and automate a fleet of haul trucks at the company’s Arturo Joint Venture operation in Nevada.

“This represents the first major autonomous deployment within the continental United States and signals a larger movement to adopt automation across the mining industry,” said Drew Larsen, Director of Business Development for ASI Mining.

During the initial phase of the project ASI will retrofit five Komatsu 930-E Ultra Class haul trucks to autonomous operation at the Arturo mine, located on property adjacent to Barrick’s Goldstrike operations. This phase will consist primarily of waste haulage, prior to moving into production. Subsequent phases will follow with potential expansion to additional trucks.

“Not only is this agreement with Barrick significant in the ongoing growth of ASI Mining,” said Larsen. “It enables Barrick to embark on its autonomous surface mining strategy in a pragmatic and collaborative manner with a technology partner such as ASI.”

ASI’s Mobius Haulage A.I. will be a key component in the implementation and operation of the project. Mobius leverages advanced multi-vehicle command and control software to set up and manage a coordinated system of haul trucks. The Mobius Haulage Platform manages autonomous traffic, coordinates manned or unmanned vehicles and regulates the haul cycle in the most efficient way possible.

By employing the Mobius platform at the Arturo mine, Barrick anticipates enhancements across a range of critical performance measurements.

“The goal is to use advances in automation technology to help Barrick prove and deliver improvements in safety, efficiency and production,” said Matt Majors, Superintendent of Mining Operations and project manager for autonomous haulage.

“Barrick chose ASI as a partner for their ability to provide an agnostic product – agnostic to equipment manufacturer and to mine layout and practices. This offers us greater flexibility and cost savings. Using the ASI kits, we are able to retrofit our existing fleet of haul trucks as well as additional multi-manufacturer equipment which will help us to realize additional savings should we decide to scale the technology in the future,” said Majors.

About Autonomous Solutions, Inc.

Autonomous Solutions, Inc. is a world leader in vehicle automation. ASI’s Mobius platform provides an OEM-agnostic, interoperable command and control software solution for autonomous vehicles. Mobius enables mine operations to integrate a variety of mining based vehicles under a comprehensive platform. ASI’s robotic hardware and software systems allow users to safely manage their entire fleet of vehicles autonomously. A world leader in vendor-independent vehicle automation systems, we serve clients in the mining, agriculture, automotive, government, and manufacturing industries with remote control, teleoperation, and fully automated solutions, all from our headquarters and 100-acre proving ground in northern Utah.

ASI’s vehicle automation products can be found in companies and government agencies throughout the world, including Anglo American, Rio Tinto, Ford Motor Company, Case New Holland, Luke Air Force Base, General Dynamics, Sharp Electronics, and others.

About Barrick Gold Corporation

Barrick’s vision is the generation of wealth through responsible mining—wealth for our owners, our people, and the countries and communities with which we partner. Founded in 1983 and headquartered in Toronto, Canada, Barrick has 11,000 employees, with mining operations and projects in 10 countries.