What TTM does

TTM S.A. (Tecnología en Transporte de Minerales) is a privately held Chilean industrial services firm founded in 1985 that distributes conveyor belt transport systems and delivers on-site maintenance services to large-scale mining operators across Chile, Peru, and Bolivia. Its portfolio combines exclusive regional distribution of imported OEM products — Continental and Oriental conveyor belts, Rulmeca rollers, Steinert multi-sensor ore sorting, CFT dust control, Starclean cleaners, Siemens Milltronics scales, Nidec-Avtron encoders, Orlaco vision, and MLT splicing systems — with proprietary offerings including the TTM Insight reliability software platform and VPI fiberglass conveyor encapsulation domes.

The company operates from a Santiago headquarters with branches in Antofagasta, Calama (which houses a 2.5m x 6.5m autoclave coating plant capable of handling 6-ton pulley refurbishments), Lima, and La Paz. Its service model layers distribution, on-site maintenance engineering, non-destructive testing (electromagnetic, radiography, ultrasonic, thermographic), conveyor simulation and design, multi-year field service contracts with embedded personnel at customer mine sites, and proprietary reliability monitoring. TTM holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications.

Revenue is generated through quote-based component sales, multi-year managed service contracts, professional engineering services, hardware sales (Steinert sorting systems), and coating/refurbishment at the Calama plant. The customer base is concentrated in Chilean copper majors (Codelco divisions, Escondida, Los Pelambres, Collahuasi, Spence, Sierra Gorda, El Abra) and selected Peruvian (Bayóvar, FLSmidth) and Bolivian (San Cristóbal) operators. The company is family-controlled (Undurraga and Hemmerdinger families sit on the board and executive team), with no disclosed institutional capital, M&A, or public-market activity.

Name

TTM

Legal name

TTM S.A.

Website

https://web-ttm.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

TTM S.A. is a privately held Chilean industrial services firm that distributes conveyor belt systems and delivers on-site maintenance, coating, and reliability engineering to large-scale mining operators across Chile, Peru, and Bolivia.

Ownership category

akta.pro rank

Product category

Mining Conveyor Systems and Maintenance Services

NAICS

Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810), Conveyor and Conveying Equipment Manufacturing (333922), Mining Machinery and Equipment Manufacturing (333131), Rubber and Plastics Hoses and Belting Manufacturing (326220)

SIC

Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082), Construction, Mining & Materials Handling Machinery & Equip (3530), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)

akta.pro primary industry

Bulk Material Handling Systems (Belt Conveyors, Feeders, Stackers, Reclaimers) (IMAHABAH)

akta.pro secondary industries

Shock, Vibration & Tilt Monitoring Devices (Impact Indicators, Data Loggers) (IMALAFAJ), Workshop Tools, Equipment & Lift Systems Distribution (TLAKAOAM)

Keywords

• Conveyor belt systems
• Mining equipment distribution
• Ore sorting technology
• Conveyor maintenance services
• Dust control systems

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Conveyor Component Distribution: TTM distributes imported conveyor belt components (belts, pulleys, rollers, rubber products, industrial hoses) from international brands (Continental, Oriental, Rulmeca, Doppstadt, MLT) to mining customers in Chile, Peru, and Bolivia.
2. Service Contracts: On-site service contracts with mining companies including conveyor belt maintenance, engineering, splice auditing, pulley coating, and general belt maintenance. Personnel and facilities deployed at customer mine sites.
3. Coating and Refurbishment Plant: Rubber and ceramic coating services for pulleys and metal components at the Calama facility. Processes include hot vulcanizing with high metal-rubber adhesion, serving as a recovery/overhaul service for worn mining equipment.
4. Maintenance Engineering Services: Engineering department providing maintenance engineering, root cause analysis, CAD design, finite element analysis, conveyor system simulation, and non-destructive testing services (radiography, ultrasonic, thermographic, electromagnetic scanning).
5. Mineral Separation Equipment: Exclusive distribution of Steinert ore sorting technology (sensors and sorting machines) in Chile, providing pre-concentration of low-grade mineral ore for mining customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

TTM distributes imported conveyor belt components (belts, pulleys, rollers, cleaners, dust control, sensors) from international brands such as Continental, Oriental, Rulmeca, Steinert, Starclean, CFT, Orlaco, Nidec-Avtron, Siemens Milltronics, and MLT to mining customers in Chile, Peru, and Bolivia. The company also delivers on-site maintenance engineering services, field service contracts, non-destructive testing, conveyor reliability monitoring via proprietary TTM Insight software, and rubber/ceramic pulley coating at its Calama plant. Operations span over 40 years serving large-scale open-pit and underground mines.

Product overview

TTM is a specialized provider of conveyor belt transport systems and services for the mining industry, with operations spanning Chile, Peru, and Bolivia for over 40 years. The company distributes internationally manufactured equipment including Continental and Oriental conveyor belts, Rulmeca rollers and pulleys, Steinert mineral sorting systems, Starclean belt cleaners, CFT dust and gas control systems, Siemens Milltronics conveyor scales, Nidec-Avtron encoders, Orlaco vision systems, and TTM-branded rubber repair products. The portfolio is complemented by engineering services including maintenance engineering, field service contracts, a coating plant in Calama, workshop and distribution center, and proprietary TTM Insight reliability software for conveyor system monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

• Continental Conveyor Belts High-performance conveyor belts for mining applications, including Phoenoguard PX X-ray monitoring system and Phoenotec reinforcement system, distributed exclusively by TTM in Chile and Peru.
• Oriental Conveyor Belts Conveyor belt products from Oriental (Bando) brand, distributed by TTM for mining applications.
• Rulmeca Rollers and Pulleys Heavy-duty rollers and pulleys for conveyor belt applications with up to 50% longer service life than conventional rollers, featuring high-impact tolerance and energy-efficient design.
• Steinert Mineral Sorting Technology German-engineered multi-sensor ore sorting systems (XRT, XRF, NIR, induction, 3D laser, color) and magnetic separation equipment for pre-concentration of low-grade mineral ore, exclusively distributed by TTM in Chile.
• Starclean Belt Cleaning Systems Conveyor belt cleaning systems including primary and secondary scrapers, drum scrapers, and chevron belt scrapers using TWIST-SWING technology, distributed by TTM.
• CFT Dust, Gas and Climate Control Systems German dry and wet dust removal equipment achieving over 99.99% cleaning efficiency with residual dust content below 1 mg/m³ for mining plants, tunneling, and underground mining.
• Siemens Milltronics Conveyor Scales Dynamic weighing systems for conveyor belts with precision up to ±0.125%, including MCS, MSI, MMI belt scale systems and WT241 weighing terminals.
• TTM Rubber and Belt Repair Products TTM-branded rubber products and belt repair solutions for conveyor belt maintenance and recovery operations.
• Encapsulation Solutions for Conveyor Systems Fiberglass dome encapsulation systems using Vacuum Press Infusion (VPI) technology for conveyor systems, 75% lighter than metal equivalents, supporting winds over 100 km/h.
• Industrial Hoses Continental industrial rubber hoses for abrasive material transport, fish processing, and general industrial applications including multipurpose, sanitation, food transfer, chemical transfer, and petroleum handling.
• TTM Insight Reliability Software Proprietary software platform for monitoring conveyor systems and concentrator plants, providing MTBF, MTTR, availability, utilization, Pareto, Jack Knife, and criticality analyses with equipment database management.
• Coating Plant Services Rubber and ceramic rubber coating services for pulleys and metal components (pipes, chutes, cyclones, cylinders) at the Calama facility, specializing in recovery and overhaul for high-wear mining equipment using a 2.5m x 6.5m autoclave with capacity up to 6 tons.
• Maintenance Engineering Services Engineering services including preventive and predictive maintenance, non-destructive testing (electromagnetic scanners, radiography, ultrasonic, thermographic), CAD/FEA design, root cause analysis, and conveyor system modeling and simulation.
• Field Service Contracts On-site multi-year service contracts with installations at mining operations providing continuous maintenance support, including belt splicing, belt transfer, pulley coating, splice audits, and maintenance engineering for major mining companies.

Quantifiable outcome

• Steinert ore sorting technology enables mining of previously sub-cutoff grade areas by producing high-grade mineral product from low-grade ROM feed, expanding mineable reserves.
• +5 more outcomes

Named customers14 records

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Continental (ContiTech)coreTechnology or IntegrationExclusive distributor of Continental conveyor belts, Phoenoguard PX monitoring systems, Phoenotec reinforcement systems, Phoenocare monitoring products, and Continental industrial hoses in Chile and Peru. Continental is a German multinational with 250+ employees globally and commercial offices in France, Poland, Kazakhstan, Russia, and China.
• SteinertcoreTechnology or IntegrationExclusive distributor of Steinert ore sorting (KSS multi-sensor technology) and high-efficiency magnetic separation equipment in Chile. Steinert is a German company with 125+ years of experience, 300 global employees, subsidiaries in USA, Australia, Brazil, Japan, and Africa, and 50+ commercial agreements worldwide.
• RulmecacoreTechnology or IntegrationDistributor of Rulmeca rollers for conveyor belt applications. Rulmeca Group was founded in 1962, operates 10 owned factories in Germany, Italy, South Africa, China, and Canada, producing approximately 3.5 million rollers per year globally with DIN, EN, and ISO 9001:2008 certified quality.
• CFT (Cleaner For Technology)coreTechnology or IntegrationDistributor of CFT dust, gas, and climate control solutions for mining. CFT is a German specialist providing dry and wet dust removal systems with 99.99%+ efficiency for fixed and mobile mining applications.
• Starclean (Schulte Strathaus)coreTechnology or IntegrationDistributor of Starclean belt cleaning systems including primary and secondary scrapers, belt scrapers, blade bases, and accessories with TWIST-SWING technology for optimal belt cleaning.
• CORFO (Footprint Alliance)coreStrategic or Co-development PartnerCORFO is a Chilean state development agency that has partnered with TTM through a convenant (Convenio CORFO – TTM, reference RA-130-Corfo-2024-3-6) as part of the Footprint Alliance initiative supporting sustainable mining practices.
• Fundación AndestrekminorStrategic or Co-development PartnerTTM supports the 'Por una cumbre sin rayados, al rescate de La Campana' environmental restoration project led by Fundación Andestrek, which involves cleaning painted rocks at the summit of Cerro La Campana. The project is supported by CONAF, SERNATUR, and the Universidad de Valparaíso's Faculty of Sciences.
• APROMINminorOthersMember of APROMIN (Asociación de Proveedores Industriales de la Minería), a Chilean mining industry supplier association.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Finning (CAT dealer): Caterpillar's exclusive dealer for Chile, Argentina, and Bolivia, distributing heavy mining equipment with comprehensive service network. Closest comparable regional distribution-plus-service business model to TTM in the Andean mining belt, though serving different OEMs.
• DercoMaq: Chilean-based distributor of mining and construction equipment serving the same large-scale mining customers as TTM. Most direct regional competitor for industrial distribution and service contracts in Chilean mining, though with broader equipment categories.

Direct peers

• Multotec: South African specialist in mineral processing equipment and consumables with regional distribution networks across Africa, South America, and Australasia. Direct comparison to TTM as a specialty mining products distributor combining OEM partnerships with field service and engineering support.
• Habasit: Global manufacturer and supplier of conveyor belts, power transmission belts, and related products. Comparable to TTM in the conveyor belt segment, though primarily an OEM versus TTM's distribution-and-service model.
• Fenner Dunlop: Specialist manufacturer of conveyor belts for heavy-duty mining and industrial applications. Direct peer to TTM in the conveyor belt category, though operates as a global OEM rather than regional distributor.
• TAKRAF (Tenova): Specialist provider of bulk material handling systems including belt conveyors, stackers, reclaimers, and crushing equipment for mining. Most directly comparable to TTM's core conveyor system business, though at a much larger OEM scale.

Broad incumbents

• Sandvik Mining and Rock Solutions: Global mining equipment and services provider with strong presence in Latin America. Comparable to TTM in providing mission-critical equipment and lifecycle services to large miners, though Sandvik's portfolio focuses more on drilling and loading equipment.
• FLSmidth: Global mining technology and equipment supplier with services across the mining value chain. Comparable to TTM as a mining-focused equipment and service provider, including conveyor and material handling solutions; even referenced as TTM customer in source data.
• Metso: Major global supplier of mining, aggregates, and metals processing equipment with extensive service network. Overlaps with TTM in conveyor and material handling systems, though operates as an OEM at much larger scale with full equipment manufacturing.
• Weir Group: Global mining equipment and services provider with strong presence in Latin America. Comparable to TTM in serving large-scale miners with engineered solutions for material handling and processing, but operates at much broader scale across multiple geographies and equipment categories.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCwOF41abR0FRCGFL3PdOLHw/videos
• LinkedInlinkedin.com/company/tecnologiaentransprotedeminerales

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

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 TTM