# Molycop acquires Process IQ to expand mining technology capabilities

Molycop announced the signing of an agreement to acquire Process IQ, a mining technology provider of data analytics, instrumentation and process control solutions. The acquisition expands Molycop's capabilities in leaching, milling and flotation.

- Type: Acquisition
- Announced: 2022-11-04
- Where: Perth, Western Australia, Australia
- Status: announced
- Products: data analytics solutions, instrumentation, advanced process control
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Molycop](https://endata.com/companies/66415.md) (acquirer)
- [Process IQ](https://endata.com/companies/66416.md) (target)

## Sources

- [im-mining.com](https://im-mining.com/2022/11/04/molycop-to-expand-leaching-milling-and-flotation-capabilities-with-process-iq/), 2022-11-04: "Together, a combined Process IQ and Molycop will be able to better serve the global mining industry."

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