CiDi Expands Autonomous Mining Equipment Sales to Overseas Markets
Hong Kong-listed autonomous mining equipment maker CiDi is expanding its operations beyond China, with plans for increased overseas deployments in 2026. CEO Albert Hu revealed that the company has already deployed partially automated excavators in Australia and aims to scale up there this year while pursuing contracts across the Middle East, South America, and Europe. CiDi's strategy includes selling hardware and software directly to mine operators under an 'asset-light' model, distinguishing it from competitors who operate truck fleets. The company reported a significant revenue increase last year, with deployments in China growing 374%, far outpacing the industry average of around 73%. CiDi is also developing advanced robotic systems for explosive handling and drilling. At an open-pit quarry in Jiangsu province, CiDi demonstrated its fully electric autonomous truck fleet. The company currently operates over 1,700 vehicles across China's quarries and coal mines and aims to see overseas markets contribute a double-digit percentage of revenue next year.
Topics: autonomous mining equipment international expansion robotics