We are pleased to announce that Anglo American, one of the worlds largest mining companies, has signed a global software license agreement to deploy Infoscience Technologies’ Natural Language Processing (NLP) algorithms.
Supporting its FutureSmart Mining™ Digitalisation initiative in Discovery (Exploration), Anglo American will apply these unique disruptive algorithms to its vast internal collection of documents. These will assist in the detection of new geological mineral deposits.
Dr Paul Cleverley, Infoscience Technologies Founder and Director commented, “Finding new deposits of critical minerals is essential for the transition to a lower carbon world. This agreement confirms Infoscience is a world leader in exploiting unstructured data in the subsurface and geo-resource sector”.
About Anglo American
Anglo American is a global mining company with a commodity portfolio that includes platinum group metals, diamonds, copper, iron ore, polyhalite, nickel, manganese and metallurgical coal for steel making. Anglo American employs over 100,000 people world-wide in 15 countries with annual revenues in excess of $40 Billion.
About Infoscience Technologies Ltd
Infoscience is a UK tech start-up founded in 2018, pioneering Artificial Intelligence (AI) algorithms for the geo-resource sector (oil & gas, mining and renewables). These patented algorithms detect hidden opportunities from geoscience and commercial clues in unstructured text. Customers include some of the worlds largest companies.
#miningindustry #geology #artificialintelligence
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