Imdex Ltd - Company Profile
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Business Description
Imdex Ltd (Imdex) is a mining-tech company. It provides solutions to drilling contractors and resource companies for finding, mining, and defining orebodies with precision and speed. The company offers integrated solutions, including drilling optimization products, rock knowledge sensors, and real-time data analytics, applicable across the mining value chain. IMDEX operates in over 100 countries, delivering services from more than 40 facilities worldwide, and collaborates with over 150 drilling contractors and 500 resource companies. The company serves a diverse range of customers, including large drilling contractors and resource companies within the global minerals industry. Its solutions are deployed in over 1000 sites globally. Imdex's offerings are commodity agnostic and can be applied across the entire mining value chain. The company's integrated solutions include a broad range of drilling optimization products, rock knowledge sensors, and real-time data and analytics.
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R&D Overview
Imdex has undertaken R&D initiatives to address customer challenges, strengthen partnerships, and refine offerings. The company has focused on exploring emerging technologies and improving the value proposition of existing technology, such as through products such as OMNIxBOLT. The company has also expanded trials with foundation customers for BLASTDOG and experienced strong customer uptake of BOLTTM, which has supported the growth of the IMDEX Mining Technologies (IMT) site network by 30%. The R&D units of the company include Research and Development, Software Development, Product Management, and Intellectual Property activities. These units are responsible for managing the company's R&D activities, including exploring emerging technologies and improving existing products. The company has three R&D centers located in Balcatta, Western Australia; San Louis Obispo, California; and Trondheim, Norway. Imdex holds over 490 patents and 261 trademarks, with approximately 80% of its revenue being patent protected. In FY2025, the company spent AUD26.3 million on R&D, which as a percentage of revenue stood at 6.1%.
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Geographical Segments
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