MVR vertical roller mill for grinding minerals
Natural Resources Unleashed - The future in mining is dry
For next-generation resource-efficient mineral processing in mining, Gebr. Pfeiffer invests in NextOre Ltd. to break new ground in processing. Gebr. Pfeiffer is pleased to announce that it has entered into a strategic collaboration agreement and share subscription agreement with Australian mining technology company NextOre Ltd.
As a family-owned company with a 159-year history of innovation, particularly in mill technology, Gebr. Pfeiffer is aligned with NextOre's mission to achieve sustainable breakthroughs in beneficiation technology.
Under the strategic collaboration agreement, NextOre and Gebr. Pfeiffer will work together to explore opportunities to combine their respective industry-leading technologies to take another step toward efficient, environmentally friendly mineral processing:
The collaboration is an ideal complement to Gebr. Pfeiffer's innovative vertical mill technology for dry grinding, which enables significant energy savings and delivers uniform comminution with a narrow particle size distribution. The comminution system is extremely flexible and also offers a high size reduction ratio of up to 1000. With NextOre's upstream magnetic resonance sensors and real-time sorting of bulk materials, companies are able to recover more metal from smaller facilities with less environmental impact.
The initial focus of the Gebr. Pfeiffer and NextOre collaboration will be on an integrated iron ore sorting and grinding solution for Brazilian and Australian iron ore producers. The cooperation partners have also identified a portfolio of copper projects where the application of the two companies' proprietary technologies to overcome specific challenges could achieve particularly good results.
Commenting on Gebr. Pfeiffer’s collaboration with NextOre, Pfeiffer CEO Mathias Dülfer said:
“Rising energy costs coupled with declining ore grades and the need for improved sustainability require new process technology. We are pleased to announce our partnership with NextOre to provide solutions that together can set a new standard.
By investing in NextOre, a company that has taken years to develop and now provides an innovative and groundbreaking ore sensing technology, we are building a strong foundation for a collaboration that will add sustainable value to the mining industry.
The combination of Pfeiffer's dry grinding technology for minerals with NextOre's upstream sorting technology complements each other to increase production efficiency while reducing consumption of natural resources.
Pfeiffer's way of working has led to many breakthrough innovations that have resulted in our leading vertical mills. The cooperation with NextOre is another important milestone in this regard and a further contribution to the expansion of our mining activities. This is a consistent continuation of our strategic focus on efficiency, sustainability and digitalization.”
NextOre CEO Chris Beal said:
“We are delighted to welcome Pfeiffer, a business with a long history of excellence supporting heavy industries, as a strategic partner and valued shareholder and look forward to creating real and sustained value as we advance the NextOre technology.
We are excited at the opportunity to combine NextOre’s leading technology with Pfeiffer and the dry grinding technology, which is seeing rapid adoption into leading miners’ feasibility studies and which we see as a game changer for environmental sustainability.
NextOre is undergoing a phase of significant growth. Pfeiffer’s investment in our business is a strong endorsement of NextOre’s magnetic resonance technology and recognition of its game-changing potential in the global resources industry.
Like Pfeiffer, we are committed to creating solutions that our customers can rely on. We are excited to further prove NextOre’s real-world applications through this collaboration.”