# MMD acquires global rights to TraxIQ from Anglo American

MMD acquired the global rights to the intelligent material handling system TraxIQ from Anglo American. The acquisition was announced at The Electric Mine 2026 conference in Lisbon.

- Type: Acquisition
- Announced: 2026-06-04
- Status: announced
- Products: intelligent material handling system
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [MMD](https://endata.com/companies/27200.md)
- [Anglo American](https://endata.com/companies/15317.md) (target)

## Sources

- [im-mining.com](https://im-mining.com/2026/06/04/mmd-and-the-next-generation-of-material-movement-in-mining/), 2026-06-04: "MMD has acquired the global rights to intelligent material handling system, TraxIQ, from Anglo American."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.