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CopperTech unveils partnership to boost geoscience tech at Konkola mines
Yahoo Finance· 2026-02-12 10:32
Core Perspective - CopperTech Metals has formed a strategic partnership with Axiom Group, VBKOM, and Fleet Space Technologies to enhance geoscience technologies at the Konkola Copper Mines in Zambia, aiming to improve subsurface analysis and resource development capabilities [1][5]. Group 1: Partnership Details - The collaboration will integrate CopperTech's AI-driven mining techniques with Axiom's geoscience expertise, VBKOM's mining systems knowledge, and Fleet Space Technologies' ExoSphere platform to enhance exploration and resource definition [2]. - Axiom Group's CEO highlighted that this partnership represents a new model for innovation deployment in mining, focusing on accelerating geological understanding and building long-term competitiveness [3]. Group 2: Technological Advancements - The partnership will utilize Fleet's ExoSphere technology to conduct a detailed 3D seismic survey of the orebody at Konkola Copper Mines, generating high-resolution models and AI-driven insights for drill targeting [3][4]. - The advanced methods are expected to reduce exploration uncertainty and increase efficiency in complex geological conditions, thereby speeding up learning cycles [4]. Group 3: Company Background and Goals - CopperTech Metals, established by Vedanta Resources, operates as an integrated producer of copper and cobalt, managing the Konkola Copper Mines in Zambia's Copperbelt Province, known for high-grade copper deposits [5][6]. - The company aims to position itself as a key supplier of critical minerals to support US technology sectors and infrastructure updates [6].