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MineX

Patent of invention

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MINEX’s competitive advantage lies in our dedicated focus on sustainable mining research, collaboration with industry stakeholders, and our multidisciplinary approach. We aim to bridge the gap between research and industry application by developing and inventing practical solutions that address specific challenges faced by the mining sector.
Overall, while there are existing players in the field, the demand for sustainable mining practices and the evolving regulatory landscape present ample opportunities for MINEX to carve out a niche and establish ourselves as a leading research center in this domain. Through our focus on innovation, collaboration, and practical solutions, we are confident in our ability to capture a viable market share and make a significant impact in driving the future autonomous mining technology forward.

Highlights of the innovative Gravity-Powered Energy System for Mining Operations (GPEMO)

Introduction to GPEMO:

· Innovative Energy Solution:

The Gravity-Powered Energy System for Mining Operations (GPEMO) harnesses kinetic energy from haul trucks to generate electricity, representing a significant advancement in sustainable mining technology.

· Decarbonization Impact:

This system is designed to reduce CO2 emissions by an average of 40%, addressing the environmental impact of mining operations.

· Ultimate Pit Slope Installation:

GPEMO is installed on the ultimate pit slope smoothly into existing mining to avoid the displacement that would occur if the system were installed on an operational pit slope.

Energy generation and storage :

· Harnessing Kinetic Energy:

The system captures kinetic energy from loaded haul trucks using a specially designed platform, powered by an integrated generator mechanism that converts this energy into electricity.

· Continuous Power Supply:

A mechanical battery (Gravitricity) charges as the platform descends, ensuring a consistent supply of electricity for mining operations.

Financial and Operational Benefits:

· High ROI:

GPEMO achieves an impressive ROI of approximately 240% over 25 years, meaning every dollar spent on expenses returns about $2.4 in profit.

Cost Efficiency:

GPEMO’s levelized cost averages $64 USD per MWh, making it more cost-effective compared to the combined wind energy and lithium-ion battery system, which averages $68 USD per MWh.

 

 

Operational Efficiency:

· Transport Rate Reduction:

GPEMO reduces ore transport rates by an average of 25%, enhancing the efficiency of mining operations.

Experience the Future of Mining Energy:

· Sustainable Innovation:

GPEMO leads the way in sustainable mining practices, integrating advanced energy generation and storage techniques to support a greener future in the mining industry.

Activities:

MineX initiates its marketing efforts and engagement by actively participating in WA conferences to explore opportunities and establish connections within the mining industry

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