Tag Archives: Pieter Strobos

Molycop to expand leaching, milling and flotation capabilities with Process IQ

Automation, Comminution of minerals, Equipment maintenance, IoT, Mineral processing, Mining equipment, Mining mergers and acquisitions, Mining services, , , , , ,

Molycop has announced the signing of an agreement to acquire Process IQ (PIQ), a mining technology provider of proprietary data analytics and visualisation, instrumentation and advanced process control solutions.

The agreement represents an exciting and important step in Molycop’s digital transformation, as the acquisition of Process IQ complements Molycop’s MillSlicer technology platform and expands its product and service capabilities across leaching, milling (comminution) and flotation, it said. Some of the solutions PIQ provides include mill vibration technology, cyanide measurement and advanced process control solutions for processing plants.

Process IQ also provides circuit optimisation consultancy through “Orway IQ”, a joint venture between Orway Mineral Consultants (OMC) and Process IQ. OMC is a wholly-owned subsidiary of Lycopodium.

Process IQ was established in 2011 by Pieter Strobos and Daniel van der Spuy and is headquartered in Perth, Western Australia.

On signing the agreement, Strobos and van der Spuy said: “Together, a combined Process IQ and Molycop will be able to better serve the global mining industry. We can now provide leading digital technology solutions alongside process optimisation expertise for our customers to help them realise sustainable productivity enhancements and operational efficiency.”

Molycop added: “Process IQ has established a reputation as a trusted technology partner of metallurgists and mineral processing engineers. Process IQ specialises in using technology to its full potential for its mineral processing customers. By combining specialised instrumentation with advanced process control, data analytics and visualisation, Process IQ builds solutions that deliver step-change improvements for its customers. Process IQ has established a strong market presence and reputation for delivering a differentiated technology offering focused on improving customer throughput, recovery and efficiency.”

Molycop Digital President, Darren O’Connell, said the acquisition was the next step for the digital business, enhancing the company’s position in mineral processing.

“We value the breadth of talent and capability the Process IQ team brings to Molycop, and we are excited to move to the next phase of growth for Molycop’s digital business,” he said.

The sale is anticipated to be finalised by the end of November.

Orway and Process IQ form JV focused on remote mineral processing consulting

Automation, Comminution of minerals, Equipment maintenance, Mineral processing, Mining equipment, Mining maintenance, Mining services, Mining software, , , , , , , , , ,

Orway Mineral Consultants (OMC) and Process IQ say they have formed an incorporated joint venture, Orway IQ Pty Ltd, to deliver a remote optimisation consulting service for the mineral processing industry.

MillROC (Milling Remote Optimisation Consulting) will initially focus on comminution circuits, the partners said.

Headquartered in Western Australia, Orway IQ is led by Pieter Strobos (Chairman of the Board), Fred Kock (CEO), Brian Putland and Daniel Van Der Spuy (Executive Directors).

Process IQ, meanwhile, was among eight companies nationally to share in A$15.6 million ($10.6 million) of funding to support collaboration and innovation, and address mining equipment, technology and services (METS) sector priorities, as announced earlier this year.

Its project, which included Orway as one of three partners, was aimed at enabling 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,” METS Ignited said.

The joint venture draws on Orway’s expertise in comminution design, modelling and optimisation and Process IQ’s expertise in the Industrial Internet of Things (IIoT), cloud-based computing, process control, automation and instrumentation, the companies said. Together the companies claim to have served the mining industry for more than 50 years.

Orway IQ’s MillROC uses real-time data in online process models and communicates the findings to the client, according to the companies. The product is a cloud-based reporting of all plant data related to circuit performance and optimisation, available anytime, anywhere – via the internet. Orway IQ expert consultants review circuits from around the world daily from its operations centre in Perth.

Orway’s Strobos said: “The joint venture company is aligned with the METS Ignited initiative to assist with the growth and innovation of the business. Process IQ, OMC and now Orway IQ are at the forefront of the digital transformation in the mining industry, having been recognised for their ground-breaking work in this space.”

Strobos continued: “We are receiving tremendous support from both Federal and State government and our consulting service, MillROC, has been recognised as having huge implications as a new product category for the mining industry.”

Orway IQ has also been chosen to participate in the RISE Accelerator program supported by the Western Australia Government Department of Jobs, Tourism, Science and Innovation, The Queensland Government, NERA and METS Ignited – which is run by KPMG. The program has been developed to spearhead innovation into industry and equip METS companies with the skills, capabilities and support to develop their innovation and grow their businesses.