PROCESSING

FLSmidth buys KnowledgeScape

KnowledgeScape offers real-time image analysis that provides critical measurements for ore.

 Schematic of A PlantVision installation by KnowledgeScape

Schematic of A PlantVision installation by KnowledgeScape

FLSmidth will include KnowledgeScape's mineral processing solutions, such as its image recognition and smart sensor products, in a digital portfolio of products called ENABLR, said the company.

"By acquiring KnowledgeScape, FLSmidth can offer customers a portfolio of expert control solutions and advanced sensor technologies, for automating, optimising and increasing the reliability of minerals processing circuits," said Manfred Schaffer, mining president, FLSmidth.

He added that the company's "leading-edge technologies" will serve as an important differentiating market factor, both within productivity upgrades, retrofit and capital projects.

Financial details of the deal were not disclosed. Closure is expected at the end of October.

KnowledgeScape's products include real-time optimisation software that determines ideal setpoint changes and relays, real-time image analysis that provides critical measurements for ore, and grinding mill charge detection sensors that provide real-time analysis of the charge of a grinding mill.

These solutions have had documented success in increasing the total output of a processing plant by 4-10%, FLSmidth said.

The US firm's solutions also reduce power, water and reagent consumption, contributing to FLSmidth's MissionZero sustainability strategy, it added.

KnowledgeScape will be integrated into FLSmidth's portfolio and available to customers from 1 November.

"This acquisition will further solidify FLSmidth as a leading supplier of digital optimisation to the minerals processing industry," said Mikko Tepponen, chief digital officer at FLSmidth.

KnowledgeScape chief executive Dustin Collins  said: "We are excited to join FLSmidth and become a part of its amazing team of mining solutions experts. We are looking forward to providing FLSmidth customers with ever improving optimisation technologies that save costs, time, and drive sustainability."

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production