Chilean climate-tech startup Cosmos Save Energy has announced a significant international expansion into Peru and Canada, driven by its innovative artificial intelligence platform. The new solution, named GreenMining, is engineered to optimize fuel consumption for haul trucks in the demanding mining sector. This strategic move positions the company as a key player in applying advanced technology to solve critical environmental and economic challenges in heavy industry.
Harnessing AI for Mining Efficiency
The mining industry faces immense pressure to reduce both its operational costs and its environmental footprint, with fuel often accounting for up to 30% of expenses. Cosmos Save Energy's GreenMining platform directly addresses this by using AI to analyze and optimize haul truck routes, drawing parallels to the sophisticated data engineering seen in Formula 1. This technology provides a clear path to enhanced efficiency by minimizing unnecessary diesel consumption in large-scale operations.
A Data-Driven Optimization Strategy
The platform's intelligence is rooted in its ability to analyze over 40 critical factors, categorized into groups such as operator behavior, road conditions, and equipment status. Using spatial analysis, it segments truck circuits into zones of high, medium, and low effort to pinpoint specific opportunities for improvement. This granular approach allows for highly targeted recommendations that yield measurable fuel savings and operational enhancements.
Implementation follows a structured three-stage process, beginning with the collection of data to establish a baseline for emissions and fuel use. The system then provides actionable recommendations for operational optimization, which are continuously monitored in the final stage. This measurement and verification phase quantifies the reductions, enabling mining companies to generate certified carbon credits and create additional financial value.
Strategic International Expansion
The company's expansion is strategically targeted, with Peru chosen for its large mining sector and operational similarities to the Chilean market. Canada represents a significant step into a technologically mature market with stringent environmental standards, a move supported by a recent contract with Canadian mining giant Teck. This dual-market approach balances regional consolidation with entry into a leading global mining jurisdiction.
This international push highlights a growing trend of Latin American technology firms developing world-class solutions based on deep regional industry knowledge. Founded in 2020 by Geoffroy Lang and José Vallejos, the company has leveraged support from entities like ProChile to facilitate its global ambitions. Their success serves as a powerful example of homegrown innovation scaling to meet a worldwide demand for sustainable industrial practices.
Projected Impact and Industry Implications
The potential impact of the GreenMining platform is substantial, with co-founder and CEO Geoffroy Lang estimating fuel efficiency gains of between 5% and 12%. In an industry where even minor percentage improvements translate into millions of dollars in savings, this technology offers a compelling value proposition. These savings are directly coupled with a significant reduction in the operation's overall carbon footprint.
Cosmos Save Energy’s solution exemplifies the transformative power of AI in advancing industrial sustainability. By creating a clear and measurable return on investment, the technology bridges the gap between environmental responsibility and financial performance. This approach is critical for accelerating the adoption of climate-friendly technologies within heavy industries that are traditionally risk-averse but eager for efficiency gains.
The expansion of Cosmos Save Energy into Peru and Canada marks a pivotal moment for the Chilean startup and the wider Latin American climate-tech ecosystem. By applying sophisticated AI to solve a costly and carbon-intensive challenge in the mining industry, the company is well-positioned for continued global growth. Its journey underscores the immense potential of developing targeted, high-impact solutions that deliver both economic and environmental benefits.