IMDEX acquires automated mineralogy specialist AusSpec

IMDEX has acquired New Zealand company AusSpec in a cash and shares deal worth AUS$8.5 million (US$5.9 million)and gives it access to AusSpec’s unique, cloud-based aiSIRIS technology, the leader in automated spectral mineralogy from infrared scanners and hand-held units.

IMDEX acquires automated mineralogy specialist AusSpec IMDEX acquires automated mineralogy specialist AusSpec IMDEX acquires automated mineralogy specialist AusSpec IMDEX acquires automated mineralogy specialist AusSpec IMDEX acquires automated mineralogy specialist AusSpec

AusSpec, which produces aiSIRIS, the leader in automated spectral mineralogy from infrared scanners and hand-held units, has been acquired by IMDEX

It closes a technology gap for IMDEX around rock knowledge, complements its existing tools that add value across the entire mining chain from exploration to production, and has the potential to expand