Orexplore Technologies signs $1.55m agreement with BHP

Mineral scanning technology company Orexplore Technologies (ASX:OXT) has signed a $1.55m agreement with BHP (ASX:BHP).

The agreement will see the deployment of Orexplore’s mobile field scanning installation and technology platform to BHP’s Carrapateena mine in South Australia.

Under the agreement, Orexplore will deliver site-based drill core and sample digitisation services for BHP. The work will focus on unlocking new rock mass characterisation and geometallurgical information to advance the short and medium-term mining and operational planning and decision processes.

Orexplore’s “Smart Domaining” solution will additionally enable improved orebody knowledge across the deposit to drive improved modelling, with drivers for downstream mining, processing and reconciliation outcomes.

The agreement includes the delivery of site-based drill core and sample scanning and analysis services of around 15,000m of drill core and samples.

Furthermore, the agreement will conclude on the fulfilment of the purchase order which is expected to occur over a seven-month period.

Orexplore managing director Brett Giroud is pleased BHP is using its technology.

“We are advancing our mission to improve the sustainability of the mining industry, through delivering new technology tools to the field in support of geology and mining professionals, transforming their processes and ways of working,” he said.

“This agreement further demonstrates increasing global demand for non-destructive, 3D information source rapidly from the field to inform decision processes, drive traditionally siloed collaboration around digital models and create value within an operating mine.

“We are advancing the commercialisation of our technology platform through field deployments and laboratory scanning to unlock new value for our customers.”