Objective
The mining sector is under pressure to boost resource recovery, reduce waste, and minimize environmental impact. Yet, a critical inefficiency persists during the Run-of-Mine (RoM) stage—where raw material is first extracted—no real-time data is available to distinguish ore from waste. Existing sensing technologies function only during exploration or processing, leaving a data blind spot where the highest impact decisions could be made. Operators have no real-time way to distinguish ore from waste during hauling, leading to ore dilution, resource loss, and increased emissions. HYPERMINE has developed the first real-time hyperspectral analyser operable during RoM. Our patented innovation integrates a supercontinuum laser-based active hyperspectral sensor with ML-powered mineral classification software. Unlike passive camera-based systems, it operates in harsh, light-variable conditions without calibration, enabling in-situ, non-contact, per-bucket or per-truck mineralogical insights. It delivers up to 100x more management decision accuracy empowering mine operators to reduce waste, increase ore yield, and lower energy and water usage. Our value proposition includes 3–10% profitability increase, up to 10% energy savings, 15% water savings and 10% reduction in waste (tailings)—unlocking economic potential from lower-grade deposits. This has been validated through paid pilots (TRL 6) with a TOP5 mining company demonstrating successful integration and operation under relevant mining conditions. The system helps unlock lower-grade deposits, extend mine life, and align with the EU Critical Raw Materials Act. A bottom-up market analysis estimates a huge Total Addressable Market of €45.4B in 2025 driven by surging demand for CRM and efficiency mandates. The EIC Accelerator will fund the transition to TRL 9 via scale-up, certification and large-scale pilots. Our goal is to become the Europe’s next deep-tech unicorn in efficiency and sustainability in mining.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software
- engineering and technology environmental engineering mining and mineral processing
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-EIC-ACC - HORIZON EIC Accelerator
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIC-2025-ACCELERATOR-02
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
02150 Espoo
Finland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.