The global mining industry experienced a 59% drop in company filings mentions of autonomous vehicles in Q1 2024 compared with the previous quarter, with the highest share accounted for by Gold Fields with 17% year-on-year increase, according to GlobalData’s analysis of over 17 mining company filings. GlobalData’s Mining: Filings Trends & Signals Q1 2024 report delves into earnings call transcripts and quarterly reports within the mining industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, autonomous vehicles was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of mobile and advanced materials, according to GlobalData.
Of the top leading companies in the mining industry, Gold Fields had the greatest increase in references for autonomous vehicles in Q1 2024, compared with the previous quarter. GlobalData identified seven autonomous vehicles-related sentences in the company's filings - 0.1% of all sentences - and an increase of 17% in Q1 2024 compared with Q1 2023. BHP Group’s mentions of autonomous vehicles dropped by 33% to 2 and Epiroc’s by 50% to 1.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for autonomous vehicles in Q1 2024 was 98.
For further understanding of GlobalData's Mining: Filings Trends & Signals Q1 2024, buy the report here.
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