Characterization and ore grade analysis in real time

What we are looking for?

One of the challenges associated with meeting production targets in mining is identifying the mineral ore grade at its source to achieve greater efficiency downstream in the process.

Currently, ore grades are determined based on geological models that represent a mineral body being exploited, without having a method for sampling and reading ore grades at each work face.

For this reason, we are seeking solutions that provide real-time measurement of mineral concentration and grades, allowing for increased operational productivity by adapting processes to the characteristics of the mineral being processed at any given moment, rather than relying solely on the analysis of a previously taken sample.

Industry

Mining

Markets

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

Revenues

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

Employees

1.200

How will we evaluate your solution?

In mines, the solution works properly in underground mining conditions, providing information within one hour or less.

In Plants we sook solutions providing real time ore grades grade and characterization.

The desired system should achieve an accuracy level of over 90% compared to laboratory results.

We are expecting to find

Measuring process to obtain real-time Ore Grade Measurement and Analysis System using scanners, lasers, X-rays, or other technologies.

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

August 3 to October 15 2023

Interviews 1:1

October 16 to November 17 2023

Finalists selection

November 21 2023

POC plan mentoring

November 22 to December 1 2023

Value proposition days

December 4 to 7 2023

Proof of Concept Implementation

December 2023 to March 2024

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