What FAST2 Mine does

FAST2 Mine is a Brazilian-headquartered vertical software company that develops mining operational management platforms used by open-pit and underground mining operators to manage fleets, maintenance, and telemetry in real time. Its core platform, branded Mining Control, is a dispatch and operational management system built around eight modules (Manager, Fuel, Mobile, Optimize, Report, Underground, Grade Control, Contractor Management) and supports more than 30 equipment types. It is complemented by Maintenance Control (maintenance KPIs including MTBF, MTTR, and physical availability), Telemetry Control (OEM-agnostic, network-independent equipment telemetry), and an analytics/BI layer (Mining Control BI, Mining Control Reports, mineVERSE) for operational decision-making.

The company's customers are predominantly enterprise and mid-tier mining operators across multiple commodities — including Atlantic Nickel, Kinross, Alcoa, Hydro, Imerys, Mineração Vale Verde, Mineração Herculano, and Minerita Minérios Itaúna — with disclosed scale metrics of 80+ mines managed, 6,000+ equipment units monitored, and 20,000+ active users across Brazil, Australia, and the United States. Revenue is generated primarily through enterprise software licensing on a subscription/recurring model, sold via a direct enterprise field sales motion supported by regional offices in Belo Horizonte (HQ), Miami and Elko (US), and Australia, plus industry-event presence at Exposibram, LIPARI, and similar conferences.

Founded in 2013, FAST2 Mine grew organically without disclosed external funding rounds, expanding from a single pilot client in 2016 to 50+ clients and 2,700+ active licenses by 2023. In 2025 the company was acquired by UK-listed Weir Group PLC for £25 million as part of Weir's digital transformation strategy, which also included the Micromine and Townley acquisitions; FAST2 Mine continues to operate as a brand within Weir's Minerals division.

Name

FAST2 Mine

Legal name

Fast2Mine Tecnologia e Desenvolvimento de Sistemas Ltda.

Website

https://www.fast2mine.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

FAST2 Mine provides mining operational management software — dispatch, maintenance, and telemetry platforms — to enterprise and mid-tier open-pit and underground mining operators across Brazil, Australia, and the United States, now operating as a wholly-owned subsidiary of Weir Group PLC following its 2025 acquisition.

Ownership category

akta.pro rank

Product category

Mining Operations Management Software

NAICS

Support Activities for Mining (213)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Mining Automation, Telematics & Fleet Management Systems (IMAKANAK)

akta.pro secondary industry

Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control) (IMAKAKAK)

Keywords

• Mining fleet management
• Mine dispatch software
• Equipment maintenance software
• Mining telemetry solutions
• Mining operational analytics

Headquarters

HQ city

Belo Horizonte

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Licenses and Subscriptions: Enterprise software licensing model providing access to Mining Control, Maintenance Control, Telemetry Control and other modules. Operates with license counts per active user.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

FAST2 Mine develops and sells enterprise software for mining operational management, providing real-time fleet dispatch, equipment maintenance tracking, and OEM-agnostic telemetry for open-pit and underground mines. The platform supports more than 30 equipment types and is delivered through three core products (Mining Control, Maintenance Control, Telemetry Control) plus modules for BI, reporting, fuel automation, project management, and cycle optimization. Customers are mining operators that license the software per active user.

Product overview

Fast2Mine is a technology company that develops intelligent solutions for mining operational management. The portfolio is organized as a platform-plus-modules architecture built around three core products: Mining Control (primary dispatch and operational management system), Maintenance Control (equipment maintenance management), and Telemetry Control (equipment telemetry and condition monitoring). These core products are complemented by specialized modules including Mining Control BI (business intelligence and analytics), Mining Control Reports (reporting), mineVERSE (project management ecosystem), Fuel Automated (automated fuel management), and Mining Control Dynamic (cycle optimization). The system manages over 30 equipment types across both open-pit and underground mining operations, providing real-time data on equipment location, status, performance, and resource consumption to help mining companies improve productivity, efficiency, and safety.

Differentiator

Problem solved

Functional benefit

Brands

• Mining Control: Complete mine equipment management solution with 8 modules for dispatch and operational management for both open-pit and underground mining, managing 30+ types of equipment
• Maintenance Control
• Telemetry Control
• Mining Control BI
• mineVERSE
• Dynamic

Products and services

• Mining Control Primary dispatch and operational management platform for mining enterprises that provides real-time equipment tracking and management for both open-pit and underground operations. Includes 8 modules (Manager, Fuel, Mobile, Optimize, Report, Underground, Grade Control, Contractor Management) and supports more than 30 equipment types.
• Maintenance Control

Quantifiable outcome

• 164% increase in movement/throughput
• +4 more outcomes

Named customers8 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

Partnerships

One partnership is on record.

• Weir GroupflagshipStrategic or Co-development Partner · 1 January 2025Fast2Mine was acquired by Weir Group PLC in 2025 for £25 million as part of Weir Group's digital transformation strategy. The acquisition contributes to Weir Group's geographic expansion in North America, South America, and the Middle East, and digital capabilities for mining customers.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Deswik: Deswik specializes in mine planning, scheduling, and operations software used by engineers and operators; its mine operations modules overlap with FAST2 Mine's dispatch, scheduling, and optimization functionality in mid-market and tier-1 underground mines.
• Sandvik OptiMine: Sandvik OptiMine offers a suite of digital solutions for underground and open-pit mining including automated mining, fleet management, and analytics; its Modul- and AutoMine-style products directly overlap with FAST2 Mine's underground mine management, telemetry, and optimization modules.
• Datamine: Datamine delivers integrated mining software across geology, mine planning, scheduling, and production management (Studio OP, MineScape), competing with FAST2 Mine's mineVERSE and Mining Control platforms for control room and operational visibility use cases.
• RPMGlobal: RPMGlobal (now part of Perenti) offers enterprise mine planning, scheduling, and asset management software (Xpac, AMPL, MineRP) and competes with FAST2 Mine for the operational-management and dispatching budget at diversified and bulk-commodity mining customers.
• Caterpillar Cat MineStar: Caterpillar's MineStar suite offers fleet management, terrain, health, and command modules for autonomous haulage and equipment monitoring, making it the OEM-bundled direct analog to FAST2 Mine's Mining Control/Telemetry/Maint enance Control stack in mixed and Caterpillar-heavy fleets.
• Micromine: Micromine is a mining software platform spanning exploration, resource estimation, and mine planning through production; acquired by Weir Group in 2025 alongside FAST2 Mine, making it both a competing suite and a newly sibling product in Weir's portfolio of mining digital solutions.
• Hexagon Mining: Hexagon's mining division (HxGN SDMx, MinePlan, HxGN MineProtect) competes directly with FAST2 Mine across production monitoring, fleet management, and operational intelligence for both open-pit and underground mines, serving the same diversified tier-1 mining customer base.
• Modular Mining Systems: Modular Mining (acquired by Komatsu) is the legacy market leader in mine dispatch and fleet management systems, directly competing with FAST2 Mine's Mining Control platform on truck-shovel optimization, real-time equipment tracking, and mine production reporting across open-pit and underground operations.
• Maptek: Maptek provides Vulcan geological modeling, underground production management (Sentry), and real-time monitoring tools used in the same surface and underground mining operations as FAST2 Mine, with comparable dispatch and telemetry functionality for mid-tier and tier-1 miners.

Broad incumbents

• Komatsu Smart Mining: Komatsu's Smart Mining (FrontRunner, P&H, Modular) integrates autonomous haulage and dispatch systems from Modular Mining with equipment OEM services, serving as the broadest integrated incumbent that FAST2 Mine competes against when dispatch software is bundled with mining trucks and shovels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCxFHKcVj7FtogMfo7sP4oqg
• Facebookfacebook.com/fast2mine
• LinkedInlinkedin.com/company/fast2-mine
• Instagraminstagram.com/fast2mine

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FAST2 Mine