ANDRITZ has been announced as the winner of #DisruptMining 2019 at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto.
The innovation accelerator competition, offers entrepreneurs a platform to bring disruptive and exponential technologies to the sector. ANDRITZ impressed the judges and earned the opportunity to negotiate a contract or investment of up to $1m with Goldcorp.
Reacting to their win, Sohail Nazari, Business Development Manager and Arthur Gooch, Director of Innovation at ANDRITZ commented: "We thank Goldcorp and KPMG for their tremendous leadership driving innovation and digitalization forward in mining. We are excited to be part of Goldcorp's success to bring autonomous plant operation to mineral processing and we look forward to getting to work."
ANDRITZ, a leading supplier of machines and automation solutions worldwide, developed a unique and continuous way of training artificial intelligence to operate a mineral processing facility using ANDRITZ's digital twin. The AI is trained to respond to a variety of situations, making it capable of adapting to changing inputs and improving recovery time.
The trained AI's ability to quickly process information and recommend data-driven solutions will allow for the improvement of the operation, such as start-up and shutdown, and assist operators to achieve plant-wide optimization.
"Congratulations to our #DisruptMining winner ANDRITZ and to all our finalists and semi-finalists. Innovation doesn't stop or start with one idea, one technology, or one company. For the mining industry to reach the demands and potential of the 21st century, every company must step up and innovate. We must all be safer, more efficient, and responsible and we'll get results faster through collaboration and the kind of break-through thinking the #DisruptMining platform is meant to uncover for our industry," said David Garofalo, President and CEO, Goldcorp.
#DisruptMining, a mining innovation accelerator, offers entrepreneurs a platform to bring disruptive and exponential technologies to the sector, whether it's unlocking exploration opportunities; finding operational and production efficiencies; reducing the environmental footprint and delivering on sustainability commitments; or developing alternative ways to finance mines and capital projects. Approximately 90 submissions were received for #DisruptMining 2019.
On March 3, 2019, during the annual PDAC conference, semi-finalists had the opportunity to showcase their ideas at the innovation expo, the largest innovation-focused networking event at PDAC. Three #DisruptMining finalists pitched their competing ideas at the live "shark-tank" style gala, co-hosted by Goldcorp and KPMG.