Lee Ying Shan – CNBC Future & Commod
Strategy
Strategic Planning Process
Managing Change
The mining industry is undergoing massive change in the face of empirical challenges. However, by failing to prepare properly for change, mining companies are effectively preparing to fail.
Realise Transformational Change
Avoiding wishful thinking to realise transformational change. A strategic plan that enables the realisation of organisational change and transformation must include four key elements.
Strategic Initiatives
Strategic initiatives are going to often require new ideas, innovation, and transformation. They are also going to need expertise and collaboration.
Determine Your Strategic Position
MISSION STATEMENT
Our mission is to become a trusted sustainability partner delivering energy services and solutions, that brings inspiration, innovation and collaboration across industries setting an example for environmental leadership and responsibility.
How to Identify Strategic Issues
VISION STATEMENT
Powering and Energising a sustainable world through inspiration, innovation, collaboration, and environmental leadership & responsibility.
Services
Advanced Analytics in Mining
Digital Twins and Simulation
By creating virtual replicas of physical assets and processes, mining companies can test different scenarios, optimise workflows, and improve operational performance. Advanced analytics algorithms can analyse data from digital twins, enabling predictive maintenance, real-time optimisation, and accurate production forecasting thereby minimising downtime, extend asset lifespan, and maximise overall operational efficiency.
Predictive Maintenance Analytics
By analysing continuous communication from sensor data, equipment logs and historical records, algorithms generate maintenance alerts and recommendations based on continuous, real-time monitoring of equipment health and performance, allowing companies to schedule maintenance proactively, reducing unplanned breakdowns &downtime, and optimising asset performance.
Energy Efficiency & Sustainability
Energy consumption and environmental impact are key concerns for the mining industry. Advanced analytics can optimise energy usage by monitoring energy-intensive processes, identifying inefficiencies, and recommending energy-saving measures whilst data-driven insights can help companies develop sustainable practices, reduce carbon emissions, and minimise their environmental footprint.
Streamlining Supply Chain Management
Efficient supply chain management is critical for mining companies to maintain smooth operations. Advanced analytics provides end-to-end visibility across the supply chain, enabling proactive demand forecasting, inventory optimisation and streamlined logistics.
Optimising Extraction & Resource Management
Advanced analytic techniques allow operators to analyse historical data to predict ore grades, identify any potential bottlenecks and adjust operational parameters to maximise efficiency, whilst real-time data monitoring enables proactive decision-making, reducing downtime and increasing productivity.
Enhancing Safety & Risk Management
Advanced analytics can improve a mines safety by analysing data from various sources, including sensors, wearables, and historical incident records so predictive analytics algorithms can identify potential safety hazards & proactively mitigate risks and allow companies to implement preventive measures & enhance safety protocols.
Mineral Processing
The separation of commercially valuable minerals from their ores into a concentrated, marketable product, is vital for a mine to hit the development stage in its life cycle.
Chemical Analysis
The economic viability of a mine can be determined by the microscopic characteristics of the ore, including the mineral abundance, the grain size and the degree of ore mineral liberation.
Reclamation of land
Reclamation, an essential part of planning a mine is the final stage of a mine’s life cycle where mines that are no longer economically feasible, may be turned into agricultural crops, forests.
Determining Organisational Readiness
We are all in the midst of the Fourth Industrial Revolution – in which disruptive technologies and trends such as the Internet of Things (IoT), robotics, virtual reality (VR) and artificial intelligence (AI) are changing the way mining companies operate at unprecedented levels. With rapid new advances in technology and exploration, and indeed, the era of critical minerals, the opportunities are limitless!
Strategy
A New Formula For Success - An era of reinvention
The era of critical minerals has arrived and is interwoven with the fourth Industrial Revolution. “It’s the biggest structural change of the past 250 years — a transformation of scale, scope and complexity unlike anything humankind has experienced before,” per: Henrik von Scheel-the father of Industry 4.0.
A truly remarkable time in history !
The decarbonisation of the global economy in response to the climate crisis and the fourth industrial revolution, featuring artificial intelligence and 5G networks, has triggered a race to secure uninterrupted access to critical raw minerals that are indispensable inputs for high-technology applications.
