Sandvik to accelerate use of digital technologies in mines with acquisition of software firm ...United Arab Emirates

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Sandvik to accelerate use of digital technologies in mines with acquisition of software firm
Sandvik has signed an agreement to acquire Polymathian Industrial Mathematics, an Australia-based provider of advanced mine optimisation software and services. According to a statement, Polymathian’s solutions for automated decision-making and process optimisation are expected to complement the offering of Deswik, the mine planning software company,  which Sandvik acquired in April 2022. The acquired company will be reported in Digital Mining Technologies, a division within business area Sandvik Mining and Rock Solutions (SMR). In August 2022, Sandvik said it had won a $32mn order for battery-electric mining equipment and, in October 2022, Weir and STM Minerals said they would accelerate sus

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