April 10, 2017

SOUTH32 and GE enter digital transformation strategic partnership

Sydney, April 10, 2017 - (NYSE:GE) South32 and GE today announced the signing of a three-year

strategic partnership to assist in the development of South32’s technology roadmap and

activation of the Company’s digital transformation.

 

The partnership, GE’s first with an Australian mining company in the digital space, is a step

towards playing a much bigger role in the global mining sector. For South32, GE is the ideal

partner, having recently undertaken their own digital transformation.

 

This partnership marks the beginning of an exciting journey. South32, with its diverse mining

portfolio spanning 10 operations and five countries, sees a real opportunity for technology and

innovation to drive safety and productivity improvements.

 

Through this partnership South32 will utilize GE’s Predix™ platform, which is designed

specifically for industry and connects industrial equipment, data analysis and instant insights.

The system will enable South32 to make fast, informed decisions, and provides the opportunity

to optimize entire operations, rather than individualized assets and equipment.

 

“Bringing the world of operational technology and information technology together to monitor

equipment and systems remotely and predict future behavior is a game changer,” Graham Kerr,

Chief Executive Officer, South32 said. “It has the potential to identify and solve a problem before

it affects operations.”

 

“By partnering with GE, we have an opportunity to transform the way we work,” added Ricus

Grimbeek, Chief Technology Officer, South32. “If we get this right, the result won’t just be an

incremental improvement but a new level of efficiency and performance.”

 

For GE, bringing digital transformation to the mining industry is an exciting prospect.

 

“The future of mining is digital. With data and analytics, we can achieve greater levels of

productivity, operational efficiencies, and improve safety,” GE Chief Executive Officer and

Chairman, Jeff Immelt said. “We look forward to working with South32 to help them optimize

their operations and accelerate the digital transformation of the mining industry at large.”

 

“Mines collect terabytes of data today, but do not have the platform or solutions to provide

real-time insights to deliver operational productivity.” GE Mining CEO Scott Phillips said.

“Together, GE Mining and South32 have the opportunity to help solve these challenges in the

mining sector. This is a very exciting time to be in mining.”

 

About South32

South32 is a globally diversified mining and metals company with high quality operations in

Australia, Southern Africa and South America. Our purpose is to make a difference by

developing natural resources, improving people’s lives now and for generations to come. We are

trusted by our owners and partners to realize the potential of their resources. We have a simple

strategy to maximize the potential of our operations and shareholder returns by optimizing our

existing operations, unlocking their potential and identifying new opportunities to compete for

capital. www.south32.net

 

About GE

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry

with software-defined machines and solutions that are connected, responsive and

predictive. GE is organized around a global exchange of knowledge, the "GE Store," through

which each business shares and accesses the same technology, markets, structure and

intellect. Each invention further fuels innovation and application across our industrial sectors.

With people, services, technology and scale, GE delivers better outcomes for customers by

speaking the language of industry. www.ge.com

 

###

 

Media Contact GE Mining:

Catherine Heiman

Catherine.Heiman@ge.com

+01 814-875-3382

 

Media Contact South32

Hayley Cardy

Hayley.cardy@south32.net

+ (61) 0 409 448 288

 

James Clothier

james.clothier@south32.net

+ (61) 0 413 391 031

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