GeologicAI Acquires Lumo Analytics to Complete Integrated Sensor Suite for Critical Minerals and Rare Earth Elements
GeologicAI, a global leader in High-Resolution Decision Engineering for the critical minerals sector, has announced the acquisition of Lumo Analytics, a specialist in compact and high-efficiency Laser-Induced Breakdown Spectroscopy (LIBS) scanner technology. The move strengthens GeologicAI’s position as a comprehensive provider of integrated sensor data solutions for the mining industry, particularly in the rapidly growing critical minerals and rare earth elements space.
LIBS is a rapid, non-destructive analytical technique that uses a high-energy laser pulse to vaporize a minute portion of rock, creating a plasma that emits element-specific light as it cools. This spectral signature delivers immediate chemical information, enabling faster geochemical insights directly at the source. For mining operations, this capability translates into improved exploration efficiency, enhanced resource evaluation, and reduced operational uncertainty.
With the integration of Lumo Analytics’ LIBS technology, GeologicAI expands its Resource Knowledge Systems to include improved detection of rare earth elements, light elements, and other strategically important materials. Building on its experience of scanning more than two million meters of core globally, the company now offers a complete on-site sensor suite connected to advanced decision modelling and analytics tailored for modern mining operations.
Grant Sanden, Chief Executive Officer of GeologicAI, said the mining sector is facing a growing critical minerals challenge that demands faster, more accurate data to bring resources to market. He noted that the acquisition aligns with the company’s strategy of combining high-quality data at the source, deep industry expertise, and purpose-built analytics to support better and faster decision-making.
Emphasising the technical strengths of the deal, Steve Buckley, Senior Vice President of Engineering at GeologicAI and a long-time pioneer of LIBS technology, highlighted that Lumo Analytics has developed one of the most compact and efficient LIBS scanners available. He said the technology has been proven in field conditions and delivers high-speed, high-quality insights that complement GeologicAI’s existing multi-sensor platform.
Antti Kotanen, co-founder and Chief Executive Officer of Lumo Analytics, said LIBS is increasingly critical for modern mining as it enables rapid measurement of light elements and rare earth elements that traditional sensors often fail to capture. He added that joining GeologicAI would allow the technology to reach a wider audience and deliver greater industry impact through integrated data and analytics.
Industry leaders have welcomed the acquisition, underlining its significance for the future of mining decision-making. Pekka Santasalo, Head of Growth & Ventures at Rio Tinto, said, “As demand for critical minerals continues to grow, access to high-resolution, real-time geological data is becoming essential to improving decision quality and reducing risk. The combination of GeologicAI’s multi-sensor platform with Lumo Analytics’ LIBS technology represents an important step forward in how the industry can better understand complex ore bodies and make more informed resource decisions.”
GeologicAI stated that the acquisition is a natural fit, driven by a shared vision and complementary geoscience expertise across both teams. The company confirmed there will be no disruption to existing customers and assured continued supply, support, and ongoing investment in Lumo Analytics’ LIBS innovation.