Molycop, a global market leader in the manufacture and supply of grinding media, mining chemicals and rail consumables, has announced its acquisition of the assets of Digital Control Lab (DCL), a leading provider of mill monitoring solutions based in Florida, USA.
“We are very excited to be aligning our efforts with the DCL team. This acquisition will enhance our position at the forefront of providers of digital solutions for the global mining and industrial markets,” CEO of Molycop Jim Anderson said.
“This is an exciting and important step in Molycop’s digital transformation adding industry-leading mill scanning technology and products to our current digital offering.”
DCL has an established market position in the cement and mining mill monitoring domain, combined with strong brand recognition, innovative engineering capabilities, and a reputation for delivering a differentiated technology offering.
“Our vision is to leverage DCL’s market reputation, product offering, domain expertise and intellectual property in mill monitoring solutions, to build upon Molycop’s current technical service and digital technology portfolio, to create the premier platform for mineral processing circuit monitoring and optimization,” CEO Anderson said.
DCL was founded in 1998 by Dr Karl Gugel and is headquartered in Gainesville, FL.
The business offers the MillSlicer, TriSlicer and MillScan monitoring systems for SAG and cement mills.
These systems are installed on customer grinding mills and provide real-time insight into the inner workings of these critical assets.
These solutions have proven to reduce liner damage, eliminate obstruction spills, increase material throughput all while producing a better-targeted output.
“We are very pleased to be joining a company that has been at the forefront of providing solutions to the mining industry for over a century,”
“I am passionate about the future opportunities this transaction provides and look forward to a great partnership with Molycop,” DCL CEO and Founder Dr Karl Gugel said.
DCL is presently on its 4th generation of Mill monitoring systems and has an installed base of over 400 deployments worldwide.
Molycop’s twelve grinding media operations are strategically located around the world to service the growing global mining industry, particularly in the copper, gold and iron ore sectors.