INDUSTRY
Mining

CHRYSALIX PARTNER
Wal van Lierop

FOUNDED
2008

MineSense is a sensor enabled IT company that upgrades metal ores for the mining industry, playing at the intersection of the industrial internet, data analytics and machine learning to create and apply valuable information the mining industry has never seen before.

In an industry with typically low margins, MineSense creates transformational value by turning rocks into real-time data to stream metal ores according to grade and eliminate the costly processing of waste.

Chrysalix was the first institutional investor in MineSense, recognizing early on the potential for intelligent systems technologies to completely transform huge incumbent industries like mining. Using a combination of enabling technologies in computing and intelligence, MineSense has created a fast, scalable and robust mineral sensing platform that for the first time, makes the mining of low grade ores economically viable while improving a mining company’s bottom line and overall sustainability.

01

$10-100 million – potential improvement to the bottom line at a single mine

02

20% - margin enhancement through reduced energy, water and chemical usage

03

50% - increase in ore dispatch accuracy

Key Facts

The degree that MineSense technology addresses long-term declining ore grades by enhancing customers’ productivity, financials and sustainability is unmatched.

OPPORTUNITY: MineSense solutions increase ore dispatch by over 50%, providing up to 20% margin enhancement through reduced energy, water and chemical usage.

FIRST MARKET: Sensor-based sorting systems for the metal mining industry, improving margins and efficiencies while reducing waste.

VALUE PROPOSITION: Creates transformational value by turning rocks into real-time data, improving mining customers’ bottom line by $10’s to $100’s of millions per year in a single mine.

Chrysalix Investment Partnership

Chrysalix has provided significant value to MineSense in many ways. The portfolio of benefits that we have gained through working closely with the Chrysalix team include introductions to a large global network of investors, active assistance in financing rounds, positioning and marketing of our value proposition, and access to senior strategic advisors to help craft our business road map. Chrysalix has also opened many doors for MineSense, accelerating our progress in developing key relationships with both potential investors and customers.

– JEFF MORE, CEO, MINESENSE

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Get in Touch

New Address

 

Suite 2480 - 1055 West Georgia St.
Box 11102, Vancouver, BC V6E 3P3

T: 604.659.5499
F: 604.659.5479
E: info@chrysalix.com

      

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