Minova

What Minova does

Minova is a global manufacturer of safety-critical ground support and geotechnical solutions serving the mining, tunnelling, and infrastructure sectors. Its product portfolio spans four core categories: rock bolts and anchors (mechanical, resin, dynamic, self-drilling, cable, GFRP, soil nails, and mechanical earth anchors); resins, grouts, and membranes (polyurethane and silicate injection resins, cementitious grouts and capsules, foam cavity fillers, acrylate gels, and sprayed concrete and thin spray-on liners); surface support (plates, straps, mesh, and geogrid systems); and equipment and accessories (cement grout pumps, resin injection pumps, and drainage systems). Proprietary technologies include the UniPass Dynamic Bolt, Lokset resin capsules, TwinCoat corrosion protection, CarboThix thixotropic silicate resin, and Rappass high-performance sprayed concrete, with tested service lives exceeding 50 years in many product lines and dynamic energy absorption of 20-50 kJ in seismic-rated bolts.

The company operates a direct enterprise sales model with regional offices across Africa, Asia Pacific, Canada, CIS, Europe & Middle East, India, Latin America, and USA & Mexico, supported by manufacturing plants on five continents and commercial or technical operations in over 25 countries. Revenue is generated through hardware sales of engineered ground support consumables and equipment, complemented by technical services including consultancy, onsite installation support, and crew training. Pricing is quote-based for project-specific B2B deployments rather than published list pricing, consistent with engineered industrial specifications for mining and major civil projects. Named enterprise customers include BHP Billiton and the Welsh Government, and the company participates in India through the Minova Runaya joint venture manufacturing facility in Bhilwara.

Minova is privately held by Aurelius Group, a European private equity firm, and has executed inorganic expansion including the August 2024 acquisition of Itabolt for Latin American market entry and the integration of the Platipus mechanical earth anchor brand. The company employs 251-500 people and reports a 140+ year operating heritage, although its current legal entity was established in 2002. The business model combines consumable repeat revenue (resin capsules, grouts, sprayed concrete) tied to active mine and tunnel cycles with project-based capital sales for larger bolting and anchoring programs, creating a blended revenue profile across both steady-state mining customers and lumpy infrastructure megaprojects.

Name

Minova

Legal name

Minova

Website

https://minovaglobal.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

251–500 employees

Short description

Minova manufactures safety-critical ground support and geotechnical solutions, including rock bolts, resins, grouts, sprayed membranes, and anchors, serving mining, tunnelling, and infrastructure customers across more than 25 countries under Aurelius Group ownership.

Ownership category

akta.pro rank

Product category

Ground Support and Geotechnical Solutions

NAICS

Mining Machinery and Equipment Manufacturing (333131), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530), Construction Machinery & Equip (3531)

akta.pro primary industry

Ground Support & Rock Reinforcement (Bolting, Mesh, Shotcrete Systems) (IMAKANAG)

akta.pro secondary industries

Drill Tools, Bits & Downhole Equipment (IMAHAMAB), Concrete Repair, Crack Injection & Grouts (IMADAOAD), Wear Parts & Consumables (GET, Liners, Drill Bits, Grinding Media) (IMAKANAH)

Keywords

• Ground support products
• Geotechnical solutions
• Rock bolt systems
• Mining safety equipment
• Injection resins grouts

Headquarters

HQ city

Georgetown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Ground Support Products: Sale of bolting systems including rock bolts, anchors, friction bolts, self-drilling anchors; injection chemicals including resins, grouts, polyurethane and silicate injection systems; sprayed membranes and concrete products; surface support including mesh, plates, straps; and specialized equipment and accessories for mining and infrastructure operations worldwide.
2. Technical Services: Technical consultancy, onsite installation support, and crew training services provided alongside product portfolio, supporting customers from planning through production and beyond.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Minova manufactures and sells safety-critical ground support and geotechnical solutions for the mining, tunnelling, and infrastructure sectors. Its product portfolio covers rock bolts and anchors (mechanical, resin, dynamic, self-drilling, cable, and GFRP variants), injection chemicals and grouts (polyurethane and silicate resins, cementitious grouts, foam cavity fillers, sprayed concrete, acrylate gels), surface support (plates, straps, mesh, drainage), and installation equipment and accessories.

Product overview

Minova is a global leader in safety-critical ground support and geotechnical solutions with more than 140 years of history, offering a comprehensive portfolio of engineered bolting systems, injection chemicals, grouts, resin capsules, sprayed membranes, surface support, and associated equipment. The product portfolio is organized into four core product categories: Rock Bolts & Anchors (including mechanical bolts, resin bolts, dynamic/seismic bolts, self-drilling anchors, soil nails, cable bolts, GFRP bolts, and mechanical earth anchors), Resins Grouts & Membranes (comprising polyurethane and silicate injection resins, cementitious grouts and capsules, foam cavity fillers, acrylate gels, and sprayed concrete/membrane products), Surface Support (encompassing steel plates, straps, mesh, and geogrid systems), and Equipment and Accessories (cement grout pumps, resin injection pumps). The products serve Metal & Non-Metal Mining, Coal Mining, and Infrastructure sectors, with manufacturing plants across five continents and operations in over 25 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Rock Bolts & Anchors Comprehensive portfolio of rock bolts and anchor systems for ground support across mining and infrastructure, including mechanical, resin, dynamic, self-drilling, cable bolt, and GFRP variants, plus thread bars, soil nails, and Platipus mechanical earth anchors.
• Resins, Grouts & Membranes Chemical injection resins, cementitious grouts, resin capsules, foam cavity fillers, acrylate gels, and sprayed membranes for ground consolidation, water control, and surface sealing in mining and infrastructure applications.
• Surface Support Surface support products including mesh systems, straps, plates, and drainage products that prevent loose material between bolt patterns across mining and infrastructure applications.
• Equipment and Accessories Supporting equipment including cement grout pumps, resin injection pumps, and accessories for the installation of Minova's ground support products across mining and infrastructure applications.
• Lokset Resin Capsules Pre-measured polyester resin capsules for rapid rock bolt and roof bolt anchoring in mining and tunnelling applications, providing controlled mixing and fast encapsulation.
• UniPass Dynamic Bolt One-step self-drilling hollow bolt with a defined yielding section engineered for dynamic and seismic ground conditions, absorbing 20–50 kJ of energy and providing rock-burst risk protection in underground mining.
• Self Drilling Anchors (SDA) Self-drilling anchor systems combining drilling and grouting in one pass using hollow threaded bars (T51 to T111) for slopes, tunnels, walls, and foundations, with high nominal loads and optional TwinCoat corrosion protection for service lives beyond 50 years.
• Rappass Sprayed Concrete High-performance wet- and dry-process sprayed cement and concrete system for heavy-impact zones including ore pass lining, crushers, and chutes, delivering rapid strength, superior abrasion resistance (~0.17 mm Chaplin disc loss at 28 days), and low rebound.
• FB400 Cable Bolt Anchoring Grout High-strength thixotropic anchoring grout range for top-down cable bolting and long tendon installation in mining, offering non-shrink expansion, 28-day compressive strengths up to 85 MPa, and pumping capability up to 100 metres.
• Platipus Mechanical Anchors Platipus BAT and Stealth mechanical earth anchors providing immediate stability to unstable embankments, retaining walls, and attenuation systems through percussive driving and active load application, with holding capacities up to 200 kN; Platipus ARGS variants provide erosion control and geotextile hold-down up to 10 kN.
• CarboThix Thixotropic Silicate Resin Two-component rapid-setting thixotropic silicate resin for rock bolting with instant response, high bolting capacity, constant 1:1 mixing, and consistent anchoring performance in dry and wet conditions, available in Standard, Fast, and Rapid variants for different temperature ranges; tested service life exceeds 50 years.
• Technical Consultancy, Onsite Installation Support & Crew Training Professional technical services including pre-project consultancy, onsite installation support, and crew training delivered alongside Minova's ground support products, supporting mining and infrastructure customers from planning through production and beyond.

Quantifiable outcome

• T76 Self Drilling Anchor delivers 1,200-1,500kN yield and 1,600-1,900kN tensile capacity
• +4 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• ItaboltcoreStrategic or Co-development Partner · 5 August 2024Minova expanded its presence in Latin America by acquiring Itabolt, strengthening its strategic market position in the region. This acquisition signifies Minova's strategic growth initiative to expand geographical footprint in the Latin American mining and infrastructure market.
• Minova Runaya (Joint Venture)coreStrategic or Co-development PartnerMinova Runaya operates a ground-support systems manufacturing facility in Bhilwara, India, combining local manufacturing with global engineering expertise to address India's diverse geotechnical conditions in infrastructure, mining, and tunnelling sectors.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Epiroc: Epiroc's Mining and Infrastructure segment provides drilling rigs, rock reinforcement, and loading equipment for mining and civil engineering. Direct overlap with Minova in rock reinforcement (bolts, resins, grouts) for underground mining, alongside a much broader equipment range.
• Master Builders Solutions (BASF): BASF's Master Builders Solutions brand supplies concrete admixtures, cementitious grouts, sprayed concrete, and injection resins for tunnelling, mining, and infrastructure. Comparable to Minova's sprayed concrete (Rappass/TekCrete) and grout product lines within a much larger chemicals portfolio.
• Sika: Sika is a global specialty chemicals company producing concrete admixtures, resins, grouts, and waterproofing systems for construction and tunnelling. Overlaps with Minova's grout, resin, and membrane portfolio in civil engineering, but at significantly larger scale and broader scope.
• Sandvik: Sandvik's Mining and Rock Solutions division supplies drilling equipment, rock tools, and ground support tools to mining and infrastructure customers globally. Comparable to Minova in bolting and ground support consumables, but operates at much larger scale across a broader equipment portfolio.

Direct peers

• Micon Group: Micon Group is a privately held Italian manufacturer of ground support systems for mining and tunnelling, including rock bolts, resin cartridges, and steel mesh. Comparable to Minova as a focused ground support specialist serving European and international mining customers.
• Normet: Normet provides mining equipment, construction chemicals, and rock reinforcement products for underground mining and tunnelling. Direct competitor to Minova in sprayable concrete/lining chemicals, rock bolts, and injection resins for underground applications.
• Fosroc: Fosroc manufactures construction chemicals including resins, grouts, concrete repair mortars, and waterproofing products used in infrastructure and mining. Comparable to Minova's Resins, Grouts & Membranes category for civil engineering and tunnelling applications.
• Jennmar: Jennmar is a privately held manufacturer of ground control products for mining and infrastructure, including rock bolts, resin, and steel mesh. Comparable to Minova in dedicated focus on mining ground support consumables and complementary civil engineering offerings.
• DSI Underground: DSI Underground manufactures ground support products including rock bolts, anchors, resin capsules, and injection systems for mining and tunnelling. Most direct head-to-head competitor to Minova with overlapping product lines, mining customer base, and global presence.

Regional players

• Boart Longyear: Boart Longyear provides drilling services and consumables for minerals exploration and mining. Historically related to Minova through common corporate lineage. Comparable as a drilling-and-mining-consumables player serving overlapping mining customers, though focused more on drilling than ground support.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@MinovaGlobal
• LinkedInlinkedin.com/company/minova
• Xx.com/minovaglobal
• Facebookfacebook.com/minovaglobal

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Minova