What Mining can Learn from Other Industries – Part 2

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This is Part 2 in a new series on Mining Innovation discussing how the Mining Industry can look to technologies that successfully advanced the performance of other industries. In Part 1, we looked at how technology used in the Energy sector can help the Mining Industry improve both productivity and efficiency.

In a 2013 speech, BHP Billiton CEO Andrew Mackenzie remarked that: “More balanced markets require us to get much sharper on operating and capital productivity to expand margins and returns, no matter where prices go… So for us improving productivity is crucial to maintaining this capability. This productivity improvement has to come from the bottom up, by getting the most out of every truck and every shovel and by making sure our people have the right skills and approach to do their jobs better each day…If we look at our industry, the prize is significant.”

With this in mind, let’s look at how technology used by the Automotive Industry can benefit the Mining Industry’s quest for improved productivity.

Ford Motor Company

Ford Motor Company’s North America Engine Engineering Organization needed to develop a robust cantilevered conical joint design, while minimizing cost and time to meet functional targets.

To perform virtual tests of their design, the Ford engineers coupled simulation with 3D design. By creating an integrated and automated closed loop DOE (Design of Experiments) process, they reduced the testing cycle from 70 days to just four.

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Dana Holding Corporation

Dana Holding Corporation, a US-based Tier-1 supplier of axles, driveshafts and other automotive parts and assemblies, needed to control costs and manufacture more efficiently while maintaining the quality and improving the function of its products. The company turned to simulation templates and process management to improve collaboration and drive better decision-making.

The creation of guided templates allows Dana to capture best practices and standard methods for simulation work on core products. Data is easy to store and file, literally saving weeks of searching, resulting in a 20-25% time savings over the previous methodology. It is much easier to identify the sweet spot for cost-versus-performance that generates profitability.

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These are just two examples of simulation and 3D technologies from which the mining industry can learn and utilize to improve performance. To learn more, download our FREE White Paper: Looking to technologies used by other industries to drive productivity & efficiency in mining

Be sure to check back next month, as we share examples of how technology used by the High Tech Industry can benefit the Mining Industry.

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GEOVIA

When mining companies seek to increase mine productivity, they turn to Dassault Systèmes for technology and services. It is home to world-renowned and award-winning mining solutions and to industry thought leaders who are pushing the boundaries of what’s possible in mining, through the GEOVIA brand. The largest global supplier of mining software, GEOVIA delivers comprehensive solutions in all major mining centers in more than 130 countries at over 4,000 sites.
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