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Commodities > Bulks

ERG launches smart mine project at Kacharsky

Eurasian Resources Group has launched a US$10 million smart mine project at its Kacharsky iron ore mine in Kazakhstan that will be rolled out to its other mines during 2018.

Staff reporter

Commodities > Bulks

ERG launches smart mine project at Kacharsky

Eurasian Resources Group has launched a US$10 million smart mine project at its Kacharsky iron ore mine in Kazakhstan that will be rolled out to its other mines during 2018.

Staff reporter

ERG launches smart mine project at Kacharsky

ERG's smart mine project is expected to increase equipment productivity by over 10% per annum

Through the project, it is using cutting-edge monitoring and artificial intelligence technologies to integrate the iron ore production cycle at Kacharsky and provide comprehensive insight into the mine's performance.

A new modular automated system for production processes has been integrated with Kacharsky's existing geographic information system and enterprise resource planning system, so operators can now build optimal production scenarios and plan the despatch and delivery of products.

"This development will allow the mine to be monitored in real time by sensors that can detect where changes should be made in the mining process to improve productivity. The computer system will then make the necessary adjustments, including by allocating mining vehicles and equipment," ERG said.

The project should enable ERG to increase equipment productivity by over 10%, by recording live data and obtaining a complete and accurate understanding of how equipment is used at the mine.

This is expected to help make investment decisions, minimise failures, eliminate unscheduled downtime, accelerate the movement and allocation of equipment and optimise costs.   

ERG subsidiary Sokolov-Sarbai Mining Production Association president Bereke Mukhametkaliyev said the technologies will enable the company to "implement cost-effective projects and strengthen the competitive position of Kazakhstan's mining and metals sector".

He added that the company would look for new ways to integrate technologies in other mining operations.

ERG has invested over $250 million to modernise its IT systems and expects to spend a total of $1.8 billion in the period to 2025 to increase productivity by 10% per annum with the implementation of new smart technologies at ERG plants in Kazakhstan.

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