Private Profile: MineSense. Real time grade control = More metal, better returns

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Private Profile: MineSense. Real time grade control = More metal, better returns

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Private Profile

MineSense. Real time grade control = More

metal, better returns

MineSense enables “precision mining” 17 June 2026

MineSense is a private Mining Technology company whose proprietary technologies Equity

allow real time ore characterisation and grade sensing of resource either in a shovel Europe

bucket or on conveyor belt. In our view, a “real time” grade feedback loop presents Non-Ferrous-Aluminum & Light

Metalsinteresting opportunities: 1) Selective mining / smarter waste routing; 2) Ore sorting /

mine-to-mill optimisation. In practice this should push up grades to processing plants Equity Research

meaning more metal production / unit of capital & energy = lower costs, better returns, Jason Fairclough >>

Research Analyst

less environmental impact / unit of metal. In comparison to typical “brute force” mining MLI (UK)

i.e. more capital / economies of scale, we are intrigued by idea of “precision mining”. +44 20 7995 0225 jason.fairclough@bofa.com

Implications: This could change the shape of cost curves ReinhardtResearch Analystvan der Walt >>

Applied across the industry, such technology has the potential to be transformational MLI (UK)

(albeit over time). In our view, if widely adopted, MineSense-type technology could help Paul Kirjanovs >>

reshape copper and other non-ferrous cost curves by reducing ore losses and dilution, MLI (UK)

lifting effective head grades / recoveries and extracting more metal from already mined Felicity Robson >>

material – potentially extending the life of marginal operations. Research Analyst MLI (UK)

How does it work? Real time grade feedback on ROM ore LawsonResearch Winder,Analyst CFA >>