PERTH, AUSTRALIA: Strategic Elements Ltd announced that its artificial intelligence and robotics company Stealth Technologies has signed a binding Heads of Agreement to apply artificial intelligence to fixed plant operations in mining and deliver a Software as a Service (SaaS) solution.
A binding Heads of Agreement was signed with Global Integrated Operations (Global io), who focuses on assisting some of the world’s leading mining companies to transform the way they manage their production value chains through Integrated Operations.
Clients previously include large global mining companies such as BHP, Barrick, Teck Resources and Goldcorp. The Heads of Agreement facilitates the implementation of a working prototype system with a resources industry end user or customer to demonstrate the functionality and feasibility of applying AI to fixed plant processing in mining.
The parties will use all reasonable endeavours to execute a Joint Venture agreement before 10 January 2020.
Managing Director Charles Murphy said, “Data analytics, automation and robotics technologies continue to transform the resources sector. We look forward to working with an end-user/ customer to develop the proof of concept and demonstrate the functionality and feasibility of applying artificial intelligence to fixed plant processing in mining. Global io is a trusted Company and there is a great strategic fit between the skills and experiences of the teams”.