Automated detection and extraction of non-mineral elements in mining operations

What we are looking for?

After the mineral is extracted from the mine, it must go through the crushing and milling process in order to extract copper. The crushing process and its equipment are exposed to damage from uncrushable elements such as iron, wire, and rubber that often enter the process, resulting in up to 3% annual production losses. A solution is needed to detect and extract uncrushable elements without stopping the operational process.
Consider that the extracted mineral is high in magnetite.

Sector

Mining

Markets

Its operations are located in the Atacama region, Chile, with various points of extraction and processing of this mineral.

Revenues

EBITDA 2021 and 2022 of US$ 185 and 142 million respectively.

Employees

1.300

How will we evaluate your solution?

“To reduce plant downtime due to uncrushable detection by half, achieving a maximum of 1.5% inefficiency in operating time (less than 100 hours per year of downtime) and minimize repair costs. Ideally, the technology should be able to not only detect uncrushable materials but also extract them without stopping the operation.”

We are expecting to find

Magnets or metal detectors attached to a robot for extraction.

Image scanning and robotic arm.

X-rays, scanners, lasers.

Recommendations to apply

Review the current opportunities in detail and evaluate whether your technology solves the challenge posed.

Do it without interruptions: find a space in your schedule, a quiet place that allows you to concentrate while you complete your application.

Focus on how your technology fits the opportunity: how your technology would achieve the result expected by the large company. Give accurate data and explain the process in detail.

Your commercial maturity matters to us: the more information you provide us about your commercial maturity (revenue, financing rounds, investors, etc.), the more chances you will have of being selected.

Tell us about your experience with other companies that have had a relevant impact.

Provide additional information that can help us understand the impact of your technology: we highly value your videos, presentations, brochures, success stories, etc…

Apply early: the sooner you submit your application, the more time we have to learn about your solution.

Take your first step with VENTURE CLIENT

Venture Client step by step

Applications

March 15 to May 14, 2023

Interviews 1:1

May 17 to June 9, 2023

Finalists selection

June 13, 2023

POC plan mentoring

June 14 to 23, 2023

Value proposition days

June 27 to 30, 2023

Proof of Concept Implementation

July to September 2023

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