Tag Archives: mining equipment technology and services

METS Ignited to fund four collaborative mining technology projects

Automation, Communications in mining, IoT, Mining equipment, Mining finance, Mining industry recognition, Mining services, Mining software, , , , , , , , , , ,

In line with the Federal Government’s recently published Modern Manufacturing Strategy, METS Ignited has announced the latest award of projects as a part of its Industry Growth Centre collaborative project funds.

It has announced the award of METS Ignited Tranche 4 Collaborative Project Funds, with the combined investment of over A$6 million ($4.3 million) from METS Ignited and industry partners going to AMOG Pty Limited, Gekko Systems, Polymathian, and Universal Field Robotics.

The fourth round of the funds focused on the application of analytics, automation and robotics in the mining industry. The selected projects have originated in the local market, are industry-led, and are projected to deliver a high degree of global impact potential and substantial benefits to the METS sector, according to the group.

The success of these four projects with over 17 industry partners in total is projected to deliver almost two hundred new roles, and generate a combined revenue contribution of over A$100 million for the sector, it said.

“METS Ignited’s role as an Industry Growth Centre is to lead collaboration between Australian mining equipment technology and service (METS) companies, global suppliers, mine operators, research organisations and capital providers to support the improved productivity, competitiveness and innovative capacity of the Australia’s world-leading METS sector,” METS Ignited said.

METS Ignited Chief Executive, Adrian Beer, says the quality and capability of the funding applicants is becoming increasingly more sophisticated, with a number of the solutions having broader applicability across a number of sectors.

“This round of project fund recipients demonstrates just how capable our leading global METS sector is, and what is possible within our local technology sector,” Beer said. “We are extremely proud of what has been achieved by the project fund recipients to date, and this new addition to the project funding shows that we have a huge potential to build upon.”

(pictured is Polymathian’s ORB mining optimisation software)

Administrators appointed at Australia-based mining service provider

Environmental, Mine surveying, Mining maintenance, Mining safety, Mining services, , , ,

Australia-based Management Resource Solutions, a mining service provider, says voluntary administrators have been appointed at five of its operating subsidiaries in relation to a debt facility it took on back in May.

Its subsidiaries – Holdings (MRS) Pty Ltd, MRS Services Group Pty Ltd, Bachmann Plant Hire Pty Ltd, MRS Property No 1 Pty Ltd and Management Resource Solutions Pty Ltd – have been affected by the move.

The appointment of voluntary administrators was made by Hermes Capital, a secured creditor that agreed to loan the company A$3.2 million ($2.2 million) back on May 1. This came after the company had acquired Alerion Consulting Ltd, a company focused on precision aerial mapping of open-pit mines and earthworks including volumetric calculations, railway maintenance, water erosion mapping and terrain modelling with full geo-referencing.

The A$3,2 million facility replaced the existing A1.5 million working capital facility provided by the vendors of Bachmann Plant Hire and a A$1.7 million BPH Rent to Buy facility. It saw the company pay out all the Bachmann Plant Hire acquisition vendor liabilities and all 19 pieces of equipment that were part of the ‘rent to buy’ facility.

MRS and its Australia financial advisers met with the voluntary administrators last week to ascertain their plans, with the administrators confirming it was “business as usual” for the operating companies, and that they had sufficient capital to trade the businesses while calling for options to recapitalise the businesses.

“The board of MRS has committed to the administrators to work with them to seek to bring about an end to the administration process as quickly as possible,” MRS said.

MRS is involved in plant hire, equipment repair, refurbishment and fabrication, mine rehabilitation, earthmoving, road construction and other support services to a wide base of private and public sector clients in Australia.

Back in July 2018, the company’s MRS Services Group secured a two-year contract (with an option for a one-year extension) at Glencore’s majority-owned Ravensworth coal mine in New South Wales. The scope of works included the provision of a turnkey solution for the rehabilitation works comprising of bulk push of overburden dumps using two Cat D11T dozers. This would see the MRS team deliver a final geo fluvial landform design for the operation.

Robotics and automation projects among latest METS Ignited funding recipients

Automation, Bulk handling, Careers in mining, Coal technology, Environmental, Equipment maintenance, IoT, Mineral exploration, Mineral processing, Mining equipment, Mining finance, Mining industry recognition, Mining maintenance, Mining safety, Mining services, Mining software, Mining techniques, Precious metals, Steel and iron ore, Sustainable mining, Water management, , , , , , , , , , , , , , , , , , , ,

Australia’s Minister for Industry, Science and Technology, Karen Andrews, has announced seven mining supply businesses as the recipients of A$4.1 million ($2.9 million) in innovation funding under the METS Ignited Collaborative Project Funds.

The recipients of the funding will now be able to launch eight collaborative industry projects delivering highly-advanced solutions to a variety of mining challenges and contribute to the growth and capability of the METS sector, according to METS Ignited.

This funding is part of a four-year, A$15.6 million commitment made by the Australian Government to incentivise collaboration and address METS sector priorities. The funding established the METS Ignited Collaborative Project Funds, which support industry-led projects to improve the productivity, competitiveness and innovative capacity in the METS sector.

Today’s announcement at Mineral Technologies, on the Gold Coast of Australia, is the third tranche of funding. METS Ignited received 26 grant applications and has awarded the funds to businesses specialising largely in robotics and automation, data analytics, data platforms, Internet of Things and business and professional services. The recipients are: Mineral Technologies, Premron, Austmine, Roobuck, Process IQ, AMOG (x2) and Magotteaux.

Acting CEO of METS Ignited, Ian Dover, said: “Active collaboration across the ecosystem is core to accelerating commercialisation of innovation and has been lacking in the METS and mining sector, where historically relationships have been in the main transactional.”

“Facilitating such innovation is part of the mandate for METS Ignited. It’s vital we support the application of influential future technologies across the METS sector and maintain Australia’s competitiveness.”

Recipients of the Collaborative Project Funds are required to secure equal or greater investment from an industry partner. As a result, the total value of the eight projects is A$11 million.

The largest fund recipients were Queensland-based Mineral Technologies and Premron, awarded A$1 million each. Mineral Technologies’ automation of the Roy Hill Iron Ore beneficiation plant project automates the gravity separation spiral process used in the mine to optimise the concentration of lower-grade ore into higher value ore for export, METS Ignited said.

Roy Hill CEO, Barry Fitzgerald, said: “I am delighted the government is supporting our partnership with Mineral Technologies – a project that seeks to enhance the operational efficiency of our mine, delivering more high-grade product while reducing waste for the same operational cost.”

The automation of spiral control in the Roy Hill beneficiation plant will materially improve the concentration of ore into high value product for export, according to Roy Hill. More high-grade product and less waste will be produced for the same feed and processing cost, delivering value to both the environment and Roy Hill’s bottom line, the company said. Once proven effective at Roy Hill, the technology can be commercialised and rolled out at similar operations across the world.

“This innovation project will deliver a step-change improvement through real time control of our 720 spirals, enabling our processing plant to dynamically respond to the natural variability of the material it is treating,” Fitzgerald said.

Premron’s Continuous Haulage System (CHS) project, meanwhile, will revolutionise coal mining in underground mines, according to METS Ignited. It eliminates the use of shuttle cars, used to take the coal cut from the wall of the mine to a transfer point further away in the mine (dead time). CHS will see the coal go straight to a conveyor belt and out of the mine.

Other projects that received funding in this round include: sensor technology to monitor the location of people and equipment underground; artificial intelligence technology to emulate the role of a grinding expert; automated sensor detection for oversized rocks; a predictive analytics tool that pinpoints the best time for equipment descaling; a METS career pathway programme; and a device to give more detailed information on the chemistry inside the grinding mill while it is operating.

METS Ignited said: “Collectively, the projects will benefit the mining sector by optimising the value chain, increasing productivity for mining and mineral processing, supporting and enhancing environmental management, and improving operational safety.”

The project fund recipients include:

Automation of the Roy Hill Iron Ore beneficiation plant

  • Recipient: Mineral Technologies
  • Partners: Roy Hill
  • Collaborative project funds: A$1 million
  • Industry investment: A$1 million
  • This project automates the gravity separation spiral process used in the mine to optimise the concentration of lower-grade ore into higher value ore for export.

CHS

  • Recipient: Premron
  • Partners: Gauley Robertson Australia, Kestrel coal mine
  • Collaborative project funds: A$1 million
  • Industry investment: A$1.13 million
  • Continuous haulage will revolutionise coal mining in underground mines. It eliminates the use of shuttle cars, which are used to take the coal cut from the wall of the mine to a transfer point further away in the mine. CHS will see the coal go straight onto a conveyor belt and out of the mine.

Austmine METS career Pathway Program

  • Recipient: Austmine
  • Collaborative Project Funds: A$240,000
  • Industry investment: A$1.76 million
  • This project places university students as interns in METS companies around Australia, increasing the interest level and uptake of graduates into the METS sector

The OVERwatch Platform

  • Recipient: Roobuck
  • Partners: Redpine Signals, Northparkes Mines, University of Wollongong
  • Collaborative project funds: A$600,000
  • Industry investment: A$1.5 million
  • This project develops sensors and software to track the location of people and machinery working in underground mines and ensure that collisions are avoided. This is a complex project as there is limited communication options underground (eg no Wi-Fi).

Remote grinding optimisation and support centre

  • Recipient: ProcessIQ
  • Partners: Orway Mineral Consultants, Jamieson Consulting, Curtin University
  • Collaborative Project Funds: A$620,000
  • Industry investment: A$780,000
  • This project enables grinding experts to interact directly and in real time with grinding circuits on remote mine sites to ensure they are operating at their most productive levels. The project will develop automated artificial intelligence software to emulate the experts as there is very limited supply of this specialist expertise, leading to increased processing efficiency globally.

Automated Oversize Detection

  • Recipient: AMOG
  • Partners: Omniflex
  • Collaborative Project Funds: A$150,000
  • Industry investment: A$220,000
  • This project involves developing sensor equipment that alerts the mine when rocks are too big to process through the crushing and grinding equipment. Blockages in the crushing and grinding circuits are costly and time consuming. Haulage trucks with oversized rocks will be diverted to a separate location in the mine, which avoids stoppages.

Smooth Operator leach circuit process optimisation

  • Recipient: AMOG
  • Partners: Lithium Consultants
  • Collaborative Project Funds: A$220,000
  • Industry investment: A$220,000
  • This project involves developing a predictive analytics tool that allows copper and nickel mines to pinpoint when they should close equipment for descaling. Closing equipment too late or early is very costly. There is a very large global market for this product.

Commercialisation of pulp chemistry monitor for the mining industry

  • Recipient: Magotteaux
  • Partners: Hydrix, Manta Controls, Newcrest Mining
  • Collaborative Project Funds: A$250,000
  • Industry investment: A$310,000
  • This project involves developing a device to give more detailed information on the chemistry inside the grinding mill while it is operating. Grinding and flotation circuits use many chemical inputs in order to extract minerals from the ore. Getting the chemical balance right in the mill and the next stage of floatation is critical to removing as much of the valuable mineral as possible. The percentages of the yield vary between 85% and 95% and a 1% improvement in yield will deliver a very large financial benefit to the mine.