Sandvik and Redpath signed a 5-year agreement to standardize the use of underground mining equipment, ensuring equality of services despite the size of a contract or operation. (Photo: Sandvik)
Sandvik and Redpath signed a 5-year agreement to standardize the use of underground mining equipment. The companies said the agreement will improve safety and reduce costs through technology advancements, innovation, continuous improvement projects and standardized best practices.
The agreement will be guided by operational and relationship KPIs, Redpath said. “This mutually beneficial cooperation will help ensure Sandvik provides the same service experience and quality, independently of the geographic location and size of Redpath operations,” said George Flumerfelt, CEO.
The agreement includes Sandvik commitments on local presence and support, as well as an annual technology summit and factory training sessions, Sandvik said. “Closer collaboration with Redpath’s business will enable us to deliver on expectations and optimize our product development,” said Mats Eriksson, president.
Separately, Sandvik agreed to acquire Polymathian Industrial Mathematics, a Brisbane, Australia-based provider of advanced mine optimization software and services. Polymathian will be integrated into Digital Mining Technologies, a division within Sandvik’s Mining and Rock Solutions.
Sandvik is set to acquire Polymathian Industrial Mathematics, which makes mine planning software, such as ORB, above. (Photo: Sandvik)
Polymathian’s product offering includes optimization and simulation software for areas such as extraction process, material flow, energy and fuel consumption, and maintenance efficiency. The offerings complement the offering of Deswik, a mine planning software company that Sandvik acquired in April, Sandvik said. “Polymathian’s automated decision-making and process optimization, together with Deswik’s software tools for planning and managing production, represent a unique combination in the market,” Stefan Widing, CEO, said.
The acquisition will enable Sandvik to further accelerate the development of its end-to-end optimization, battery-electric vehicle (BEV) and AutoMine offerings, Mats Eriksson, president, said. “Polymathian is a great addition to Sandvik Mining and Rock Solutions, and enables it to now have a unique digital portfolio that will help our customers to optimize their data-driven operations across the value chain and ensure their mine design is fully compatible with technologies like AutoMine and BEVs.”
Founded in 2013, Polymathian employs roughly 50 people.
