Increasing Productivity in Underground Mining Challenge.

The company aims to revolutionize underground mining productivity through technology driven solutions. One of the major challenges in Latin American mines is operational inefficiencies caused by limited access to real time data, which results in sub optimal resource management, increased downtime, and reduced overall productivity.

They seek technology driven startups with expertise in underground mining optimization, focusing on data driven, connectivity independent solutions that improve efficiency and automation in mining operations.

The preferred technological domains are:

• Artificial Intelligence (AI).

• Machine Learning.

• Internet of Things (IoT).

• Internet of Everything (IoE).

• Edge Computing.

Key Requirements.

• Minimum Technology Readiness Level (TRL): 5+

• Solutions must function without continuous internet connectivity, addressing the challenges of underground mining environments in Latin American mines.

• Solutions should focus on optimizing key mining processes such as:
  

  • Ore extraction

  • Material transport

  • Ventilation management

  • Drilling optimization

  • Equipment maintenance

  • Energy efficiency

• Compatibility with existing mining machinery and operational workflows is essential.

Corporate Venture Capital collaboration Framework.

• Collaborate with the company to refine and implement your solutions, with the potential for real world application within their operations.

• Leverage the company’s expertise, resources, and network to explore potential collaborations, partnerships, and investment opportunities, depending on mutual alignment.

• Explore joint development or R&D support, should there be a fit with the company’s current needs and priorities.

• If your solution aligns with the company’s objectives, there may be an opportunity to secure funding to support pilot projects and scale your innovation in a real world environment.

Readers of this post should promote the information to startup founders that may be interested in this opportunity. Relevant startup founders should contact Startup Founders Club through the "Service Schedule" webpage where they can book an introductory video call, the "Chat" box or the contact form.