TraxIQ is a system-level material handling solution
MMD Group, a global manufacturer of material sizing and handling systems, has signed an agreement with Anglo American, a global mining company, to transfer the intellectual property rights for TraxIQ, a system-level material handling solution developed by Anglo American, to MMD
As the owner of TraxIQ, MMD will have the opportunity to lead its industrialisation, commercialisation, and global deployment, which may include collaboration opportunities with Anglo American where appropriate.
As global mineral and metal demand continues to accelerate, the mining industry faces rising pressure to manage complexity while adopting new approaches to enhance productivity, lower emissions, and reduce total cost per tonne.
TraxIQ is an ambitious new model for material handling; its system-level architecture has been designed to support scalable deployment across diverse mining environments, integrating modular vehicle architecture, advanced energy-management strategies, and integrated autonomous control systems.
MMD’s Centre of Excellence, located in the Isle of Man, is working on industrialisation and product development, utilising its global engineering, manufacturing, and materials-handling capabilities. The company will also work with select industry partners to deliver phased pilot deployments and validation in operational environments.
Martin Vorster, group managing director at MMD Group, said, “TraxIQ forms a core component of our intelligent movement portfolio. Our established global footprint and deep domain expertise in material handling and mining integration make us best placed to bring vision to the market.”
