How it Works

 

mineinnovate offers a streamlined, efficient platform designed specifically for industry to discover and implement innovative solutions that meet current operational needs. Our process offers the ability to quickly and effectively address key challenges, find cutting-edge technologies, and collaborate with solution providers.

Submit a Challenge

Austmine will work with you to define specific challenges. Using a detailed questionnaire, we capture technical details, parameters, and goals. These challenges are then published on mineinnovate, making them accessible to a global pool of METS companies.

Leveraging Austmine's extensive network, we actively promote challenges and solutions through targeted marketing efforts. This approach ensures we reach the right audience and maximise engagement, driving interest and participation from top METS companies worldwide.

Once challenges are published, mineinnovate scouts the global mining industry for the best solutions. METS companies submit brief solutions on the platform, which are then screened and verified. Mining companies can use the platform to review, shortlist, and assess these solutions. Austmine can also act as an intermediary, helping to shortlist suitable providers.

Shortlisted providers participate in an online technical workshop to discuss the specifics of the challenges. Following this, an online pitch session is held where providers present their solutions, engage with the mining company, and receive feedback. This collaborative phase ensures that all technical and economic aspects are thoroughly explored.

The final phase involves one-on-one meetings between the mining company and the shortlisted providers to refine technical specifications. Providers then submit their final technical and economic proposals on the platform. The mining company reviews these proposals and selects the best-fit solution(s). Successful providers are notified and begin working directly with the company to implement the solution(s).

The Benefits

  • Comprehensive Challenge Management Austmine's structured process covers every aspect of challenge management, from definition to implementation, ensuring a seamless experience.
  • Access to a Global Network of Solutions Engage with METS companies globally, offering a diverse range of innovation solutions to address your unique challenges
  • Efficient and Transparent Process Streamline traditional tendering procedures, reduce costs, and accelerate solution implementation through a well-structured, open innovation process
    • Expert Support and Intermediary Services: Benefit from Austmine’s expertise in identifying the best solutions and facilitating smooth collaboration with METS companies
    • Enhanced Collaboration and Feedback: Participate in technical workshops and pitch sessions, fostering a collaborative environment that encourages open communication and iterative improvement
    • Accelerated Innovation Adoption: Quickly identify, evaluative, and implement cutting-edge technologies that enhance operational efficiency, safety, and environmental performance.

Austmine's Legacy of Innovation

Austmine is renowned as the world’s largest network in the Mining Equipment, Technology, and Services (METS) sector. We have a proven track record of success in facilitating innovation and technology adoption across the industry. 

Our network has facilitated ground-breaking collaborations that have led to significant advancements in mining technologies and practices. By leveraging Austmine’s global network and expertise, many companies have successfully implemented innovative solutions that have transformed their operations.