Revolutionising Mining with OffWorld Inc's CEO at Resourcing Tomorrow 2023
London, UK
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December 06, 2023 06:19 AM Eastern Standard Time
OffWorld Inc Founder & CEO, Jim Keravala speaks to Thomas Warner from Proactive on the sidelines of Resourcing Tomorrow 2023 about how the company is spearheading a new era of AI-powered swarm robotic mining systems enabling precision mining of orebodies.
Keravala shared insights about his company's groundbreaking technology in an interview at this year's Resourcing Tomorrow event. OffWorld is revolutionising the mining industry with its swarm of intelligent, rugged robots capable of performing end-to-end mining processes. These robots, including excavators and haulers, are designed to operate in challenging underground environments, improving safety by removing humans from hazardous situations.
Their innovative approach also promises to double the profitability of mining operations by enabling selective, efficient mining without conventional blasting. Keravala highlighted the economic viability of this technology, with initial deployments expected by the end of 2025. OffWorld's robots can significantly enhance the mapping and characterisation of ore bodies, adding immediate value.
The product is already being tested in live mines in South Africa and South America, these robots have met and exceeded performance expectations, working with major mining companies like Anglo American and BHP over the past eight years. Looking ahead, OffWorld aims to expand its robot range, leveraging energy beam robots to directly extract metals at the rock face, significantly reducing transportation costs and environmental impact.
Despite the transformative potential of OffWorld's technology, the company remains private but is seeking investments for growth, with plans for an IPO within the next three to four years.
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