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    Codelco–Schneider Electric MoU: digitalisation and energy KPIs for mine engineers

    February 4, 2026|

    Reviewed by Joe Ashwell

    Codelco–Schneider Electric MoU: digitalisation and energy KPIs for mine engineers

    First reported on International Mining – News

    30 Second Briefing

    Codelco and Schneider Electric have signed a memorandum of understanding to form a strategic alliance focused on digital transformation and energy efficiency across Codelco’s mining operations. The framework targets co-development and deployment of advanced automation, power management and data-driven optimisation solutions, likely integrating Schneider’s EcoStruxure platforms with Codelco’s existing process control and electrical systems. For mine operators, the move signals more systematic use of real-time energy monitoring, load management and process digitalisation to cut operating costs and emissions intensity at large-scale copper assets.

    Technical Brief

    • Similar MoU-based alliances are increasingly used in mining to de‑risk multi-site digital rollouts with shared R&D.

    Our Take

    Codelco’s recent moves in our database – from the Neuvol tyre REP compliance deal to the long-life Ministro Hales approval – suggest that this Schneider Electric digitalisation JV is part of a coordinated push to de-risk environmental and operational performance across its Chilean portfolio rather than a one-off technology trial.

    With copper prices having recently hit record levels in coverage that prominently features Codelco alongside BHP, Rio Tinto and Glencore, a digital and energy-efficiency JV with Schneider Electric positions the state miner to capture more margin through lower unit energy costs and better plant utilisation when markets are tight.

    Schneider Electric’s role in energy management, combined with Codelco’s growing involvement in Chilean lithium and rare earth R&D initiatives via Corfo-backed projects, signals that the utility and automation layer being developed here could later be leveraged across both copper and future battery-material operations.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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