Prospect
Mining Studio
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We are actively looking for technologists and startups to apply to join Prospect Mining Studio.
Applying to be a part of our Studio allows the team to systematically engage with technology companies that are building solutions that can be applied to the metals and minerals mining industry. With an initial understanding of your technology solutions through the submission, Prospect Mining Studio will be able to design tailored support plans for selected companies focused on technology development, strategic connectivity within the industry, and investment.
Prospect Mining Studio and its industry advisors will review submissions monthly and invite companies soon thereafter to engage with the Studio team. Our team will be offering introductory calls to answer any questions regarding the Studio, our missions, and
focus areas.
Sign up to schedule time to speak with Prospect Mining Studio’s Director of Applied Innovation, Sahil Jain and learn more.
Schedule an intro call
There are opportunities to change, evolve and disrupt the entire metals and minerals value chain. The Studio’s three themes are described below with some illustrative examples of industry focus areas and technology needs that we are looking to address. The areas listed under the Studio themes are not exhaustive.
If you are developing a technology that increases the supply of ores and metals, promotes sustainability and energy efficiency in mining, or reimagines the use of metals and minerals, we want to collaborate with you.
Enabling the production and supply of metals from primary and secondary resources
Resource discovery and ore characterization
Metals recovery and recycling from tailings,
e-Waste, water and other secondary resources
Metal extraction techniques (e.g. DLE, biological
in-situ leaching, etc.)
Reducing lifecycle emissions, energy and water consumption, and remediating the environmental impacts of mining
Decarbonizing iron ore and steel production
Alternative energy propulsion systems & electrification for heavy duty equipment
Soil biome restoration
Co-creating novel and diverse market applications for metals beyond traditional use-cases
Energy storage chemistries, including cathode/anode materials or manufacturing techniques
Nano-materials for magnets
Novel electrolysis and fuel cell catalysts
If you are a technology company developing novel innovation and science that can address the opportunities above, we want to hear from you. We are open to working with technologies at any stage and encourage companies from adjacent industries to apply.
Prospect Mining Studio team will work closely to help companies enter and scale in the mining industry. This will include developing technical requirements and understanding the conditions of the mining environment for companies in adjacent markets. We co-develop relevant use-cases, based on mining needs, to help companies realize the potential to expand their technology in the mining sector.
We work closely with startups to design pilot projects and accelerate customer acquisition. Prospect Mining Studio can connect teams to potential partners based on commercialization progress, business model and go-to-market strategy.
Applicants will benefit from Prospect Mining Studio’s deep industry knowledge. Our advisors have active mining experience and can provide unique intelligence around operational scenarios and potential for technology scale-up and integration within a mine.
Teams that are invited to join the Prospect Mining Studio will receive targeted support to accelerate their technological development and market fit. Prospect Mining Studio does not take any equity from startups to engage in the Studio. Teams will receive:
Engage with Vimson, Newlab, our bench of industry experts to consult on technology, relevant and new use-cases, go-to-market strategies, and customer acquisition
Receive consideration for equity investments, non-dilutive pilot grants, and support to go after public funding opportunities based on fundraising needs and strategic priorities
Garner exposure through centralized thought leadership that the Studio platform will amplify through its network to drive innovation activity across key areas
Gain access to and participate in regular Studio and external events, and periodic webinars to influence and shape the innovation agenda for mining
Founded over seventy years ago in Goa, Vimson owns and operates one of India’s oldest iron ore mining companies, responsibly transforming natural resources into prosperity for the entire community. Their operations comprise of an integrated value chain that includes exploration, excavation, ore screening and processing, and multi-modal transportation. Vimson Group has several successful ventures in Mining, Trading, Financial Services, and Real Estate Development.
Providing artificial intelligence-driven predictive analytics and condition monitoring for heavy vehicles and equipment.
Developing diamond-based quantum sensors with vectorial capabilities for mineral exploration, infrastructure inspection, space, and defense.
Leveraging a transformative, deeply-penetrating X-ray technology to boost the throughput, sustainability, and safety of mineral processing, steel-making, and industrial processes.
Developing targeted solutions for sustainable water treatment and turning waste into an asset.
Offering bespoke, aftermarket solutions designed to work with any software system while enabling autonomous workflows in the mining and construction industries.
Applying synthetic biology to enhance the kinetics and resilience of biomining microbes from preconditioning of rock, to extraction of metals, and recycling and remediation.
Developing and constructing an industrial shock-wave system for material fragmentation and recycling applications.
Using cloud-based spectral imaging to unveil mineralogical information for machine automation, decision-making, and process control.
Developing and distributing environmentally-sound microbial products that resolve some of the greatest sustainability challenges currently faced in the mining, agriculture, and infrastructure sectors.
Developing revolutionary new batteries using novel sodium-based chemistries to power the future green economy.
Developing an alternative approach to energy storage by storing water to deliver energy from intermittent renewable resources such as solar and wind.
Helping machine manufacturers and operators make better and faster decisions by offering data-based, reliable, and actionable insights that can be integrated into daily workflows.
Identifying beneficial microbes and their enzymes to create sustainable bio-chemicals.
Converting CO2 emissions from power plants into exfoliated inorganic solids.
Combining chemical-sensing technology and cloud-based data solutions to enable monitoring and optimization of cyanide usage in gold leaching processes.
Using autonomous aerial robot systems (UAVs) to gather data in complex, GPS-denied industrial environments.
Developing proprietary additives for dispersants, dewatering aids, flow aids, and grinding aids to reduce ore-processing costs.
Generating photo-realistic synthetic data to enhance Vision AI models and create limitless amounts of on-demand training.
Using hydrometallurgical technology to refine mineral mixtures including low-grade lime, dolime, steel and iron slag, rare earth metals, and lithium.
Deploying a spatial business intelligence platform to consolidate and visualize organization-wide data in the context of real-world locations.
Using directional drilling equipment and advanced imaging technology to develop a precise excavation technique that’s sustainable, safe, and economical.
Developing A.I. algorithms to improve the efficiency of resource conversion drilling during pre-production activity.
Applying predictive A.I. and Embedded Acoustic Recognition Sensors (EARS) to detect faults in industrial equipment.
Offering an end-to-end, zero-carbon solution for sustainable harvesting of valuable metals from hazardous mining waste.
Conceptualizing, patenting, and developing new technologies in marine robotics, propulsion, electricity generation, and pumping.
Developing A.I.-infused and industrial analytics applications to predict failures of industrial assets.
Developing multi-domain robotic control solutions serving security and defense, energy, infrastructure, and assistive robotics markets.