Synspective, a Tokyo-based provider of synthetic aperture radar (SAR) satellite data and solutions, and Insight Terra, a London-based start-up providing a cloud-based environmental and infrastructure risk management platform and solutions, have entered into a strategic partnership to deliver a new space-enabled data and monitoring solution for the mining industry. The solution uses satellites and earth observation combined with ground sensors to monitor mine waste facilities.
Synspective and Insight Terra will work together to provide an integrated product offering that combines Insight Terra’s cloud-based IoT Insight platform with Synspective’s leading analytical models of SAR data for the mining and other related industries. The integrated solution enables the fusion of near-real-time ground truth and earth observation data for proactive monitoring and alerting.
Insight Terra’s leading mining product, Tailings Insight, is currently used by a number of global mining companies for tailings monitoring. Synspective develops and operates high-frequency, high-resolution SAR satellites called “StriX” to provide high-quality data sets and solution services. The company has already placed three satellites into orbit while planning to establish the constellation of 30 satellites and an analytics platform in the late 2020s. The integration of SAR data collected by Synspective’s growing constellation of StriX satellites will bring powerful Earth observation capabilities to the Tailings Insight application. This cutting-edge technology can be used to monitor ground movements and ground deformation that are risk indicators of potential failures in tailings facilities, mine walls and water dams, among others.
The companies will initially focus on the global mining industry: The World Bank estimates that global mining activity will increase by more than 500% in the coming decades in response to the global need for metals and minerals to support the global clean energy transition. The Tailings Insight solution including new InSAR capabilities will be a step forward for mine operators, investors and regulators looking to monitor and mitigate potential mine-related disasters affecting people, communities and the environment.
The partnership is timely and addresses the urgent call from the Church of England (COE) and others for better monitoring of risks from tailings ponds and solutions to prevent environmental risks. The combined solution is aligned with the Global Industry Standard on Tailings Management (GISTM) issued in 2020 by the International Council on Mining and Metals (ICMM), the United Nations Environment Program (UNEP) and Principles for Responsible Investment (PRI). GISTM requires mines with high-risk waste facilities, both active and closed, to comply by August 2023, less than a year away. This solution meets that timeline.
Founder and CEO of Synspective, Dr. Motoyuki Arai, said:
“We are excited to work with Insight Terra to provide space-enabled monitoring of critical infrastructure such as mining and tailings ponds. With our third StriX satellite and in-situ data acquired by Insight Terra, we will significantly increase the availability of analytical data for real-world applications to help prevent and mitigate potential disasters. This is a productive step towards realizing a more resilient and sustainable world with data-driven and collective learning approaches.”
Insight Terra co-founder and CEO, Alastair Bovim, commented:
“Space has been an important part of Insight Terra’s heritage. Inmarsat, the leading global mobile satellite company, is one of our founding shareholders and key partners, and we have delivered a number of innovative environmental monitoring projects with Inmarsat and the European Space Agency (ESA). Adding Synspective’s Earth observation data strengthens our space-enabled data and monitoring capabilities and is an integral part of our mission to protect people and the environment from potential disasters such as the mine tailings collapse in South Africa just this September. The integrated mine monitoring solution we will deliver in partnership with Synspective, including satellite connectivity and earth observation data, real-time IoT and valuable ground truth sensors and data, will be a major step towards this goal.”
Read the article online at: https://www.globalminingreview.com/mining/23012023/synspective-and-insight-terra-collaborate-for-new-tailings-solutions-technology/
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