Blast Movement Technologies (BMT) provides hardware and software that measures the movement of rock during open-pit blasting, helping mines locate valuable ore zones. In 2016–17, the company launched three new products, won contracts with mining giants Newmont and Nordgold, opened an office in Ghana and engaged an agent to service South America. BMT sold a record 37,000 Blast Movement Monitors in the past financial year to customers in 34 countries; exports increased by 18 per cent and comprised 76 per cent of the company’s total revenue. The number of new customers also rose by 15 per cent.
Judges recognised the cost saving, productivity increasing solution which has been a valuable asset to the mining industry. The business has returned strong export sales, despite the industry downturn. A robust business model with a focus on innovation, collaboration and R&D investment has led to great successes.