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A Mining Technology Commercialisation Framework

By September 30, 2024No Comments

The Mandela Mining Precinct, in collaboration with the Research Institute for Innovation and Sustainability, has completed phase 1 of the Technology Business Improvement commercialisation framework, designed to accelerate the commercialisation of mining technologies.

This three-phased project began with a comprehensive study outlining the product development process for mining technologies, particularly focusing on advancing from Technology Readiness Level (TRL) 6 to TRL 9. In phase 2, the focus will be developing a robust commercialisation framework by establishing essential components and tools that enable systematic technology maturation. These tools will undergo verification and refinement with key stakeholders to ensure they are fit for purpose at each stage of product development. Phase 3 will involve the creation of a dedicated information-sharing platform offering administrative support, enabling stakeholders to address common challenges associated with product development agreements.

“The goal is to facilitate a seamless transition from technology demonstration in an operational mining environment to a fully integrated system that has been validated through testing, ultimately paving the way for commercialisation,” says Martin Pretorius, MMP Longevity of Current Mines Programme Manager.

Research findings highlight the importance of addressing barriers to commercialisation when developing this framework. Existing models, such as the commercialisation readiness index, are crucial in bridging the gap between technology development and market adoption, ensuring that mining technology products are both technically sound and commercially viable.

“These considerations, along with existing frameworks, will be key in shaping the commercialisation framework for South Africa’s mining sector. Stakeholder engagement will further validate these assumptions and offer insights into the critical success factors for establishing a sustainable resource base,” Pretorius adds.

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