MMD to acquire TraxIQ rights from Anglo American
<p></p> <p>In a significant development for the global mining technology sector, UK-based MMD Group has announced its acquisition of the intellectual property rights for TraxIQ from Anglo American. This strategic move, reported on April 16, 2026, positions MMD to industrialize, commercialize, and deploy TraxIQ, a comprehensive and scalable material handling solution featuring modular vehicle structures, advanced energy management, and autonomous control systems. The acquisition underscores the mining industry’s increasing focus on innovation to enhance productivity, reduce emissions, and lower operational costs amidst rising demand for critical minerals.</p> <p>
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