# Newmont and Caterpillar form strategic alliance for zero-emissions mining

Newmont Corporation and Caterpillar Inc. announced a strategic alliance to deliver a fully integrated, all-electric autonomous haulage fleet with an initial investment of $100 million. The alliance intends to deliver 26 battery electric autonomous vehicles by 2027.

- Type: Partnership
- Announced: 2019-03-06
- Value: $100.0M
- Status: announced
- Products: all-electric autonomous haulage fleet, battery electric autonomous vehicles
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Caterpillar](https://endata.com/companies/1968.md) (partner)
- [Newmont](https://endata.com/companies/33369.md) (partner)

## Sources

- [markets.bostonherald.com](http://markets.bostonherald.com/bostonherald/article/bizwire-2021-11-10-newmont-and-caterpillar-announce-revolutionary-strategic-alliance-to-achieve-zero-emissions-mining), 2019-03-06: "Strategic alliance will transform mining with a comprehensive mining system including the rapid deployment of an all-electric autonomous haulage fleet with an initial investment of $100 million, across two continents"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.