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Tribe Tech to Revolutionize Mining with AI Drilling Rig

Tribe Tech to Revolutionize Mining with AI Drilling Rig

Tribe Technology Plc (GB:TRYB) has released an update.

Tribe Technology PLC has announced the completion and upcoming shipment of its first autonomous reverse circulation drill rig to Major Drilling Group International Inc for deployment in an Australian iron ore mine. The company, which is at the forefront of developing autonomous mining equipment, is on schedule to deliver the rig by the end of September 2024, showcasing a significant technological advancement in mining operations. The development is expected to enhance safety and efficiency in the industry through the use of AI and digitization.

For further insights into GB:TRYB stock, check out TipRanks’ Stock Analysis page.

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