Industry Growth Centre awards $7.14m in project funding
Australian Minister for Jobs and Innovation Senator the Hon Michaelia Cash has announced eight METS companies as the recipients of $7.14m in innovation funding from METS Ignited Collaborative Project Funds.
The eight recipients of the funding will now be able to launch collaborative industry projects that will deliver highly-advanced solutions to a variety of mining challenges and contribute to the growth and capability of the METS sector.
The funding is part of a four-year, $15.6m commitment made by the Department of Industry, Innovation and Science to incentivise collaboration and address METS sector priorities. This funding established the METS Ignited Collaborative Project Funds, which supports industry-led projects to improve the productivity, competitiveness and innovative capacity in the METS sector.
Today’s announcement represents the second round of the funding, and the recipients are: IMDEX, The University of Western Australia, Manufacturing Intelligence, Emapper, Energetique Mining Vehicles, Qteq, Resolution Systems and Micronised Mineral Systems.
METS Ignited CEO Ric Gros said the funding will spur necessary collaboration in the sector.
"Opportunities for the sector to band together and innovate are vital to the growth of the sector," Mr Gros said.
"Facilitating such innovation is part of the mandate for METS Ignited, and the recipients of this round will be making invaluable contributions to the mining and METS sectors through their initiatives."
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 $17.4m.
The largest share of the funding – $2m – was awarded to Resolution Systems – a South Australian-based business conducting a project to develop software that will increase the efficiency of mine truck fleets.
Other projects that received funding in this round include: technology testing facilities; battery-powered vehicles for underground mining; data acquisition software for environmental rehabilitaton and drilling; and a new process for water treatment.
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.
For METS companies interested in launcing collaborative and innovative projects, applications are currently open for the third round of the Collaborative Project Funds, and will remain open until 31 August 2018. Further information can be found here.
COLLABORATIVE PROJECT FUND RECIPIENTS
University of Western Australia
Partners: BHP, CORE Innovation Hub
Collaborative Project Funds: $100K
Industry investment: $100K
Establishment of a dedicated Living Lab at UWA to enable METS companies to trial their technologiesto demonstrate performance to mining companies without the difficulty and expense of testing on mine sites.
Partners: Roy Hill Iron Ore, Mt Gibson Iron Ltd, eagle.io, Astron Environmental Solais Geoinformatics
Collaborative Project Funds: $1.2M
Industry investment: $1.2M
The Emapper digital platform enables mining companies to meet their environmental rehabilitation obligations with greater certainty, more detail and at a significantly reduced cost – a complete picture of rehabilitation progress is available online in real time.
Energetique Mining Vehicles Pty Ltd
Partners: Aeris Resources, Safescape, Minetech Australia, Cougar Mining Group
Collaborative Project Funds: $500K
Industry investment: $700K
Underground mining is moving to adopt battery electric vehicles (BEV) globally because of lower emissions, heat loads and maintenance costs. This project will enable Energetique to use its well-developed electric vehicle design capability to build and supply the Australian market initially before expanding overseas.
Partners: Orica, Anglo American, Teck Resources
Collaborative Project Funds: $1M
Industry investment: $1M
Overcoming an existing lack of geological data by enabling the collection of real-time data during blasthole drilling, and therefore producing more efficient blast designs.
Partners: Wallis Drilling, Gyromax
Collaborative Project Funds: $239K
Industry investment: $239K
This project will produce sensors and instrumentation for drilling – similar to those used in the oil and gas industry – that can withstand the mining environment and will lead to cost reductions in drilling of up to 50%.
Micronised Mineral Systems
Partners: Tronox, Acadis Australia Pacific, Tech Bakery
Collaborative Project Funds: $210,950
Industry investment: $210,950
Demonstrating a new process for treating residual water on minesites so it is environmentally benign at a much reduced operating and capital cost.
Partners: Barrick, Macmahon, South32, Petra Data Science, Manta Controls
Collaborative Project Funds: $2M
Industry investment: $3.5M
Development of sophisticated fleet management software which allows different operational areas of mine sites to communicate with one another and increase mine truck fleet productivity by 20%.
Manufacturing Intelligence Pty Ltd
Partners: FMG, South 32, Mining3 Enterprise Transformation Partners
Collaborative Project Funds: $980K
Industry investment: $1.49M
Mine sites typically use multiple software packages to plan and manage all of the mining processes. This project will provide software to remove the constraints in moving data from one package to another, thus unlocking significant productivity improvements.