With mining companies looking at ways of increasing efficiency and reducing operating costs, Australia’s largest mining exhibition, Asia-Pacific’s International Mining Exhibition – AIMEX, will offer “a unique opportunity to see the latest innovations, products and services to achieve these aims” say the organisers. To be held at the Sydney Showground, Sydney from August 20-23, AIMEX 2013 will have more than 600 exhibitors covering a total exhibition area of over 45,000 m2. It follows IM Events’ own specialised knowledge sharing event, Rapid Development 2013, being held from 14 to 16 August – see http://corporate.im-mining.com/imevents/Rapid-Development-2013.asp
Peter Van Iersel, Executive Chairman of AIMEX organiser Reed Mining Events, said that this year’s exhibition was occurring at a critical time for the mining industry, both in Australia and globally: “As global commodity prices are becoming more volatile, Australian mining companies are looking at ways of reducing their operating costs – and we’ve all seen the recent headlines highlighting contractor layoffs and even mine closures. Today, miners are taking a close look at where they can increase operational efficiencies, raise productivity and achieve more with less – and AIMEX 2013 will provide an ideal opportunity for that. Certainly they are looking at innovative products or services that offer opportunities to increase efficiencies and reduce costs – and there’s a number of interesting examples of those that will be on show at AIMEX. But in many instances, it’s a case of looking for incremental changes across all their operations – which added up, can all make a big difference in improving productivity.”
Iersel said that key areas where miners are looking to improve the cost-effectiveness of their operations include equipment management systems and services, IT, engineering and fabrication services, and alternative sources of supply – all offerings featuring at AIMEX 2013. “Equipment management is becoming critical to reducing costs. Capital expenditure is under constant review, with mining companies are looking to get more life out of their existing equipment – so those companies offering repair and maintenance services, equipment monitoring solutions and fleet management services are seeing good demand for their services.”
IT is another area where miners are looking to bring in incremental cost reductions across the board. “AIMEX will see a number of IT-related offerings that will help miners improve efficiency and cut costs. These include mine management, asset management and process control systems, as well as systems designed to assist SMEs who are engaged as subcontractors or suppliers. For example, a number of miners are starting to insist that their suppliers adopt ERP systems that fully integrate their operations, and get a better handle on their cost structures.”
Engineering services represent another area that is thriving in today’s cost-competitive mining marketplace – and firms offering such services will have a strong presence at the exhibition. Iersel comments: “Small to mid-sized engineering and fabrication specialists, those supplying structures, parts and components to the mining industry, are doing extremely well. And those companies offering such services need to be coming to this event, as it will be an ideal opportunity to network with existing industry players and hunt out new opportunities.”
Finally, some significant players in the Chinese-built mining equipment market are exhibiting at AIMEX and the organisers believe that interest in these alternative sources of supply is occurring for a number of reasons: “Inquiries for equipment sourced out of China are becoming stronger and stronger all the time. A key reason is pricing; it can be up to 35% cheaper than equipment from more traditional markets. Another driver is the increasing number of ‘two-way’ deals, where a mine will sell coal or iron ore to a Chinese customer, and look to purchase the end-products resulting from the commodities being supplied. Many mines, from the major mining houses, to the smaller players, are starting to strike these sorts of deals. In addition, the quality is getting better all the time – every bit as good as what’s available from more traditional sources of supply. And that’s where there are enormous opportunities for Australian consultants, engineers, fabricators and those with manufacturing and R&D experience and expertise. While the quality requirements are now being achieved, Chinese manufacturers still need plenty of assistance in ensuring that the equipment they wish to sell to Australian miners meets our mining spec standards – which are among the most demanding in the world.”