Wedoany.com Report-Sept. 27, Weir Group, a global engineering company, has entered into a binding agreement to acquire Fast2Mine Tecnologia e Desenvolvimento de Sistemas Ltda, a Brazil-based provider of mining software solutions. The acquisition strengthens Weir’s presence in the mining technology sector, particularly in South America, by integrating Fast2Mine’s advanced software platform.

By incorporating Fast2Mine’s technology, Weir aims to offer comprehensive solutions that cater to the industry’s evolving needs.

Fast2Mine delivers a software-as-a-service (SaaS) solution with modules focused on material management, mine optimization, short-interval control, fleet management, and asset health diagnostics. Its platform currently supports 84 mining operations across countries including Brazil, Argentina, Chile, Guyana, Liberia, and Mexico, serving a diverse range of commodities.

“The acquisition of Fast2Mine will accelerate our expansion into the South American mining software market, providing a strong and immediate presence in Brazil, home to some of the world’s largest mineral deposits,” said Weir CEO Jon Stanton. “Fast2Mine’s software platform is a highly complementary addition to Weir’s mining software suite, including meaningful synergies with Micromine’s Alastri open-pit mine planning solution and adjacency with Micromine’s Pitram underground fleet management solution. We are looking forward to welcoming Fast2Mine to Weir and are excited by the opportunity to further accelerate our vision for digitally enabled mine optimization.”

The acquisition enhances Weir’s existing Micromine software suite, which focuses on mine planning and control, by incorporating Fast2Mine’s technology. This integration aims to deliver comprehensive solutions for both open-pit and underground mining operations, addressing the industry’s evolving needs for efficiency and innovation.

“We are committed to advancing our software offerings to support the mining sector’s digital transformation,” said a Weir Group spokesperson. The strategic move aligns with Weir’s goal of expanding its footprint in the global mining software market, with a particular focus on leveraging regional expertise in Brazil.

Weir confirmed that the acquisition will not alter its financial projections for revenue, operating profit, or leverage as of July 31, 2025. This follows Weir’s earlier acquisition in June of Townley Engineering and Manufacturing and Townley Foundry & Machine for £111 million ($150 million), which strengthened its manufacturing capabilities and market presence in North America’s phosphate industry.

By combining Fast2Mine’s technology with its existing portfolio, Weir aims to provide robust, innovative solutions that enhance operational efficiency and support sustainable growth in the global mining industry.