MaxMine

Overview
News
Mining Tech?
Product stageSegments
Early
?
Resource Monitoring and Optimization
?

MaxMine is a technology company that provides data-driven solutions for open-pit mine sites. Founded in 2015 in Adelaide, Australia, MaxMine offers a suite of products that capture, process, and analyze mining operational data to help mine site operators improve efficiency, safety, and environmental sustainability. The company's technology harnesses artificial intelligence, automated data processing, advanced analytics, and military-grade IoT devices to enhance mining productivity.

MaxMine's platform employs custom-built smart algorithms, artificial intelligence, and intuitive software to process up to 10,000 times more data than standard fleet management systems. This allows for near real-time analysis of equipment performance, operator behavior, and site conditions. The company's solutions aim to optimize performance, improve productivity and safety, boost profitability, and enable environmentally sustainable mining practices.

A key focus for MaxMine is helping mining companies reduce their carbon footprint and achieve net-zero goals. The company claims its technology can enable the average open-pit mine to reduce Scope 1 emissions by 10-15% through improvements like maximizing payloads, reducing idle time and wasted operations, and promoting more efficient driving. As of October 2023, MaxMine manages over 25 terabytes of operational data from its mining clients using Snowflake's cloud data platform.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Adelaide Australia L1 214 Greenhill Rd Eastwood AUS
Founded year:
2015
Employees:
11-50
IPO status:
Private
Total funding:
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Last Funding:
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Last valuation:
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