What Andesmets does

Andesmets (formally AndesMETS) is a Chilean trade association (Asociación Gremial) founded in 2020 in Santiago that aggregates 25+ specialized mining equipment, technology and service (METS) providers from the Andean region. The association operates with a lean core staff of 5 people and functions as a collective go-to-market vehicle, helping member companies internationalize—with the Australian mining market as its stated primary target—and gain access to global mining operators through shared networks, trade missions and local representatives in Perth. Its member roster spans consulting (Vantaz with 180+ consultants across Chile, Peru and Australia), engineering services (Pares&Alvarez with 1,000+ employees), equipment manufacturing (FMA Industrial, Drillco, Novamine), industrial water and dust management (O2 Company, Experticia, We Techs, Outotive), and software/AI platforms (RMES Suite used in operations representing over 20% of world copper production, TIMINING, iCenit, Singularity Work's TERRAWAVE, ProactiveOffice, Trust Journey).

Andesmets' core technology is not a single platform but rather the curated aggregation of member companies' proprietary technologies—including the SVTH 4000 Vertical Tyre Manipulator (trademarked industrial design), cable-reeling solutions for electric shovels, IIoT water monitoring, AI-driven HSE prediction, hybrid-AI geophysical exploration, and digital-twin mining optimization software. The association monetizes through a recurring membership model: a one-time joining fee plus monthly dues from member companies, while the underlying member revenue streams include hardware sales (mining equipment), SaaS subscriptions (software platforms), and professional services (engineering and consulting). The combined ecosystem already reaches 30+ countries and serves all major mining majors—BHP, Vale, Fortescue Metals Group, Anglo American, Glencore and Codelco—via direct enterprise field sales, complemented by distribution partners such as Equipment Placement in Australia.

Go-to-market is predominantly enterprise field sales executed by individual member companies, with the association providing collective trade-mission support, public-private partnerships (ProChile, Trade Investment Queensland, Victorian Government), and industry alliances (notably the October 2023 Minnovex collaboration). Member companies have demonstrated strong international traction, exemplified by FMA Industrial's SVTH delivery to BHP's Yandi Mine in Western Australia in 2021 and subsequent deals with Australian iron-mining operators in 2023, and Drillco's 80% of sales originating outside Chile. The association's stated intent is to guide Andean-region suppliers through internationalization to address technology, sustainability, and productivity demands of global mining.

Name

Andesmets

Legal name

AndesMETS

Website

https://andesmets.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Andesmets is a Chilean trade association aggregating 25+ specialized mining equipment, technology and service providers, helping members internationalize—primarily into Australia—by leveraging shared networks, trade missions, and collective go-to-market against global mining majors.

Ownership category

akta.pro rank

Product category

Mining Equipment, Technology and Services (METS)

NAICS

Mining Machinery and Equipment Manufacturing (333131), Support Activities for Metal Mining (213114), Support Activities for Mining (2131)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530), Metal Mining (1000)

akta.pro primary industry

Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul) (IMAKAKAD)

akta.pro secondary industries

Surface Mining Equipment (Excavators, Shovels, Draglines, Dozers) (IMAKANAA), Drill Tools, Bits & Downhole Equipment (IMAHAMAB), Mine Construction & Development Contracting (Shaft Sinking, Tunneling, Pre-Strip, Civil Works) (IMAKAKAG), Labor Hire & Specialist Workforce Services (Operators, Trades, Technical Staffing) (IMAKAKAL), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Mining equipment services
• Mining technology solutions
• Mining consulting services
• METS association network
• Mining lifecycle solutions

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Membership Fees: Companies pay a one-time joining fee and then monthly membership dues to be part of the AndesMETS network
2. Mining Equipment and Accessories Sales: Member companies like FMA sell specialized mining equipment including tyre handlers and cable reels directly to mining companies
3. Software and Technology Services: SaaS platforms and consulting services provided by member companies for mining operations optimization
4. Consulting Services: Engineering, project management, and specialized mining consulting services from member companies

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

AndesMETS is a trade association (Asociación Gremial) of mining equipment, technology and service (METS) providers from the Andean region. It operates as a curated network facilitating internationalization of member companies and connecting them with global mining operators across the entire mining cycle, including exploration, project development, mining and extraction, plant processing, and mine closure. Member companies collectively deliver specialized equipment (tire handlers, cable reels, drilling tools), software platforms (RMES Suite, TIMINING, ProactiveOffice), engineering services, logistics, and consulting to mining operators worldwide.

Product overview

AndesMETS is a network/association of mining equipment, technology and service (METS) provider companies from the Andean region. The network offers a collaborative ecosystem where member companies provide specialized solutions across the entire mining cycle: exploration, project development, mining and extraction, plant processing, and mine closure. Key products and platforms include FMA Industrial's tire and cable management equipment, RMES Suite's process optimization and digital twins, ProactiveOffice's project/contract SaaS, TIMINING's mining operations software, Singularity Work's TERRAWAVE AI exploration platform, iCenit's HSE predictive analytics, Aiko's extraction/transport optimization tools, and Trust Journey's AI talent solutions. The network focuses on internationalization, particularly supporting members in entering the Australian mining market.

Differentiator

Problem solved

Functional benefit

Products and services

• FMA Industrial Mining equipment manufacturer designing and manufacturing tire management solutions (including SVTH 4000 Vertical Tyre Manipulator for BHP Australia) and cable reeling solutions for electric shovels and excavators. Serves major mining companies in over 30 countries.
• Drillco Expert rock drilling company with over 50 years of experience designing and customizing down-the-hole hammers and bits for hard rock drilling, offering the lowest cost per meter for mining operations worldwide, with 80% of sales outside Chile.
• Vantaz Global consulting firm with over 20 years of experience providing integral support to mining client value chains, offering productivity, technology, sustainability, asset management, and market intelligence solutions with 180+ consultants in Australia, Chile and Peru.
• RMES Suite Process performance optimization platform used in mining operations representing over 20% of world copper production, featuring mine-to-port data-driven asset management, advanced analytics, digital twins, and OEE analysis.
• ProactiveOffice Online idea, project and contract management SaaS suite with three independent integrable systems: Initiative Management, Project and Portfolio Administration, and Contract and Process Management.
• Balmoral Global Logistics International logistics and transport services company specializing in oversized shipments for mining, energy and infrastructure sectors, with Soft Landing services for METS companies expanding between Australia and Latin America.
• Aiko Mining Technology Solutions Technology solutions for optimizing extraction and transport in large-scale mining since 2012, including Fuel Explorer (real-time fuel monitoring), KmScan (autonomous fleet obstacle visualization), and eClamp (predictive analysis for mining couplers).
• TIMINING Software Suite 100% mining-focused technology company creating software that transforms data into insights, including TIMINING AWARE (real-time operations insights), ORCHESTRA (mining plan analysis), DELTA (spatial reconciliation), SICT (slope construction), DRILLIT (drilling monitoring), and ARIS (geotechnical monitoring).
• Novamine Hydraulic Lifting Equipment Family business developing hydraulic lifting equipment with high-impact innovation in safety and productivity, including Hopper Change Equipment (Australian Standards compliant) and Mining Shovel Lifting Equipment, with over 50 systems implemented worldwide. ISO 9001/14001/45001 certified.
• Singularity Work TERRAWAVE Deep-tech solution combining high-precision geophysical technology with hybrid AI for mining exploration target decisions, leveraging AI, optimization, digitization and process automation.
• Trust Journey AI Talent Solutions Talent transformation and generative AI conversational solutions provider offering AI for safety and operational efficiency in mining, integrated with Cornerstone Galaxy for workforce agility.
• iCenit HSE Predictive Platform SaaS platform using Machine Learning and AI to predict accidents/incidents based on probability models, featuring risk mapping, event registration, investigation assistance, and predictive risk capabilities.
• Serviall Supply Solutions Supply and asset care solutions for mining with over 30 world-class brands, offering onsite supply, warehouse administration, product supply, and technology solutions through Alliot integration.
• Pares&Alvarez Engineering Services Engineering services company with 1,000+ employees providing environment, consulting, engineering, procurement, project management and EP/EPC/EPCM solutions for mining, energy and infrastructure sectors since 1994.
• Experticia Dust Control Solutions Dust control and mitigation solutions for crushing plants in mining, with 20 years of experience covering 95% of large mining in Chile, integrating engineering, operational monitoring, and suppression technologies.
• O2 Company Water Evaporation Solutions Scientific-based company reducing water evaporation losses up to 80% per month for mining operations, mitigating microalgae proliferation and providing sustainable water management.
• Wagemann Legal Services Boutique firm specializing in construction law with offices in Madrid and Santiago, offering contract management, dispute boards, arbitration, forensic analysis, and FIDIC contract expertise.

Quantifiable outcome

• Proven success in 35+ markets worldwide
• +2 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability14 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• MinnovexcoreStrategic or Co-development Partner · 23 October 2023AndesMETS and Minnovex signed a collaborative alliance to drive innovation and internationalization for mining service providers in Chile. The partnership aims to promote Chilean mining suppliers globally and address challenges in reaching international markets. Both organizations are leading mining supplier associations committed to the development of Chile's mining sector.
• Victorian Government Trade and InvestmentminorGTM or Marketing PartnerGovernment trade agency that collaborated with Balmoral on expansion projects between Australia and Latin America
• Trade Investment QueenslandminorGTM or Marketing PartnerGovernment trade agency that collaborated with Balmoral on expansion projects between Australia and Latin America
• ProChileminorGTM or Marketing PartnerChilean government agency supporting export promotion that has backed AndesMETS member expansion with shared public and private financing
• EndeavorminorStrategic or Co-development PartnerEntrepreneurship organization that helped facilitate FMA's entry into Australia through commercial visits and networking opportunities since 2017
• Equipment PlacementminorChannel Partner/ Reseller/ DistributorAustralian distributor appointed by FMA Industrial to represent their products in the Australian market

Scale indicators4 records

Expansion highlights3 records

Emerging players

• CMIC: Canadian Mining Innovation Council, an industry-led body coordinating innovation across the Canadian mining value chain. Comparable in promoting METS innovation and capability, but focused on Canada rather than the Andean region.
• Mining3: International mining-technology research consortium bringing together miners, METS companies and research bodies to develop transformative mining technologies. Adjacent to AndesMETS in mission (METS innovation) but research-led rather than trade-led.

Others

• Endeavor: Global high-impact entrepreneurship support organization that has facilitated FMA's entry into Australia through commercial visits and networking since 2017. Not a direct METS peer, but an ecosystem enabler in AndesMETS's internationalization playbook.

Direct peers

• METS Ignited: Australian METS Industry Growth Centre, an industry-led organization funded to accelerate the international competitiveness of Australia's METS sector. Highly comparable mandate to AndesMETS — facilitating METS export and capability building — though focused on the Australian domestic base.
• Minnovex: Chilean mining innovation and METS association that signed a strategic alliance with AndesMETS in October 2023. Directly comparable domestic-Chile METS network and AndesMETS's most relevant local peer/partner.
• Perumin: Peru's flagship mining convention and METS platform, organizing the largest mining-industry gathering in Latin America. Comparable in catalyzing METS commercialization across Latin American mining markets and a natural regional counterpart to AndesMETS.
• CAMESE: Canadian Association of Mining Equipment and Services for Export, a national trade association promoting Canadian METS companies in international markets. Closely comparable structure and export-promotion mission to AndesMETS, but serving a Canadian rather than Andean membership base.
• Austmine: Australia's peak METS industry association representing hundreds of mining equipment, technology and service companies. AndesMETS explicitly models its internationalization push on Australia, making Austmine the most direct functional and aspirational peer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/andesmets

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries26 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 Andesmets