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By A. J. Giroux

"The use of Ishikawa cause and effect diagrams in an analysis of requirements for improving safety and productivity at Falconbridge's Strathcona Mill is presented. The analysis lead to numerous small improvements being made with the cumulative effect being a significant improvement in both areas.INTRODUCTIONMill management in the 90's involves the major requirements to improve both safety and productivity in the workplace. These objectives, once seen as unrelated or even mutually exclusive, are now accepted as being complementary. Managers, trained either on the job (coming up through the ranks) or in an engineering discipline followed by first and second line supervisory experience are now turning to methods developed in consumer product manufacturing to ensure that all the components are in place to ensure the ore processing facilities are safe and efficient.This paper shows how management at Falconbridge' s Strathcona Mill used the Ishikawa ""fishbone"" diagram ( 1) , a method further developed by Deming(2), to put into place a comprehensive safety and productivity process. The Ishikawa/Deming concept is that no one element or program will itself continually improve a process or service. It is only by examining and then improving all the elements that are involved in the process or service that continuous improvement is obtained. The process was built on the Deming principle of worker ownership where management is the facilitator for putting into place the mechanisms whereby workers can themselves improve the operation. The process is illustrated mainly by examples of the changes made in the hope that these may be of direct help to other operations."

Jan 1, 1993

By Geology Staff, C. H. Stockwell

"The Flin Flon base metal mine, owned and operated by the Hudson Bay Mining and Smelting Company, is on the Manitoba-Saskatchewan interprovincial boundary at a point 400 miles north of the International boundary. The deposit was discovered in 1914 by Thomas Creighton and the Mosher and Dion brothers. Since production commenced in 1930, 25,000,000 tons of ore have been mined. On January 1st, 1946, reserves were estimated to be 26,000,000 tons, averaging 2.99 per cent copper, 4.i4 per cent zinc, and 0.089 oz. gold and 1.25 oz. silver per ton. In addition to the four metals named, others recovered from the ore include- cadmium, selenium, and tellurium. The mine workings extend to the 3,750-foot level, but little development work has yet been carried on below 3,250 feet.The known ore occurs in six lenticular to irregular bodies within a zone 500 feet wide. These bodies average 900 feet long, 70 feet wide, 1,500 feet in vertical depth, and 2,500 feet in length along the plunge. They were formed by replacement of the country rock and include ore of two types, solid sulphides and disseminated sulphides. Seventy per cent of the total known ore is of the solid sulphide type. This consists essentially of metallic sulphides- chiefly pyrite- with included remnants of the host rock, and additional quartz and carbonate. In places, the ore exhibits banding, inherited from pre-existing structures. The disseminated ore occurs usually on the footwall side, and along the bottom of the plunge, of the solid sulphide bodies."

Jan 1, 1954

By R. W. Boyle

"The concept of using chemical methods in prospecting dates back at least to the middle of the 16th century. Modern methods of geochemical prospecting, however, based on secondary haloes and utilizing trace-element techniques, were first practised in the U.S.S.R. and the Scandinavian countries in the 1930's. After 1945, methods based on soils, stream sediments and vegetation were rapidly developed in the U.S.A., the United Kingdom, Canada, France and other countries.The modern methods of geochemical prospecting owe their rapid development in the 20th century to the following:1.-Recognition of the primary and secondary dispersion haloes and trains that are associated with all mineral deposits. 2.-Development of accurate and rapid analytical methods utilizing the spectrograph and the various specific sensitive colorimetrie reagents, especially dithizone. 3.-Development of polyethylene laboratory ware of all types and the development of resins. This permitted greater freedom of field analyses and reduced the incidence of contamination.4.-Development of gas chromatography. This permitted the rapid and accurate determination of hydrocarbons in petroleum prospecting.Future research in geochemical prospecting should be focused on the following tasks: 1.-Definition of geochemical provinces and their relation to mineral deposits. 2.-Development of methods for discovering large low-grade deposits. 3.-Development of methods for discovering deeply buried deposits. 4.-Further development of methods to outline primary haloes. 5.-Eiucidation and formulation of techniques to relate the size and intensity of anomalies to the grade of the deposits. 6.-Development and refinement of biogeochemical methods, especially those based on indicator plants, chlorotic or toxic effects, and microbiological techniques. 7.-Definition of the types of primary and secondary haloes associated with accumulations of oil and gas."

Jan 1, 1967

By M. Vaillé, B. Bossé, N. Durupt, A. Michaut

Imouraren is a sedimentary uranium deposit (> 150,000 tU @ 800 ppm), located approximately 100 km North-Northwest of Agadez (Niger); its depth reaches 110 to 170 meters. For low-grades ores, heap leaching is commonly considered as the appropriate technology for metal recovery. More precisely, the ore is crushed (≤ 300 mm) and agglomerated before being stacked. In this case, sulfuric acid can be added during agglomeration and/or irrigation (for three months to a year) to improve uranium recovery. It is known that mineralogical, chemical and physical properties of the uranium ore impact recovery, yet many challenges remain to increase recovery using this process. For example, ore heterogeneity and spatial variability (e.g., variation in uranium, carbonate and/or clay contents) can affect heap leaching performances (i.e., metal recovery, acid consumption or neutralization, percolation rate). However, laboratory column tests using composite ore sample that do not consider ore heterogeneity are widely used to anticipate recovery. Consequently, a new approach that consists in using Imouraren drill core ore samples was recently investigated. This latter also enabled a better assessment of the main parameters that influence uranium recovery and proposed a new predictive model to optimize mining operations.

Jan 1, 2020

By W. E. Coates

The social ecology of surface mining in urban areas is illustrated by a case study of a recent application for the opening of a new gravel pit in the city of Guelph, including the design of a progressive extraction-rehabilitation sequence for the property, investigation of the ecological impact of the proposed operation, history of the application procedure for a zoning change and the relationship of the operating plan to provincial legislation controlling surface mining.

Jan 1, 1972

By Mark Sherman, M. Dennis, Raj Rajamani

"The two Alumbrera 36ft (10.97m)dia. SAG mills were sized, using the FDW ""Grindpower 'I program, to treat an average of 1852 tph each. This paper describes how modelling of the shell lifter design, using the Millsoft program, identified milling inefficiencies caused by poor charge motion. This explained the ""as built"" circuit's inability to achieve the throughput rates predcted by the circuit's designer. Use of the Millsoft program to design a new, dramatically different lifter configuration, in conjunction with a different approach to variable speed drive utilization, has resulted in an improved charge motion and a 30% increase in hard ore milling rates. The new lifter design has allowed the designer's predicted average throughput rates to be achieved.IntroductionThe Alumbrera project grinding circuit consists of two 36ft dia. X 17ft EGL, 13 500 kW, variable speed, gearless drive SAG mills coupled to four 20ft dia. X 30ft EGL, 6 000 kW fixed speed, gear driven, ball mills. The circuit is configured as two identical grinding aisles, each consisting of one SAG mill and two ball mills. No pebble crushing circuit was installed due to the expected absence of a critical size fraction in the first years of production. However, the grinding circuit layout does incorporate space for a pebble crushing retrofit. At present, only about 5% - 10% of the new mill feed reports as trommel oversize and is recycled back to each SAG mill using a water cannon.The circuit was designed to be ball mill limited and to treat the four major Alumbrera ore types at rates varying between 68 000 tpd, and 89 750 tpd, depending on ore hardness. Average throughput rate, and hence nominal design rate, for the grinding circuit was 80 000 tpd (1 852tph per line at 90% availability)."

Jan 1, 1999

By C. Piribauer, E. Feichtenhofer, A. McEneaney

"As part of a major diversification project, RHI AG, through its plant in Drogheda Ireland, has developed a Caustic Calcined Magnesium Oxide (CCM) for use in the Cobalt (Co) & Nickel (Ni) hydrometallurgical extraction industry. In the course of the project, the company investigated the chemical and physical properties of a number of different Magnesia’s used in Co & Ni hydrometallurgy applications and has been able to determine the important parameters for a successful Magnesia for this application. A number of live plant trials have confirmed the results of this testwork and the company is now proceeding to produce this product in commercial quantities at Premier Periclase Ltd., the RHI AG plant in Drogheda, Ireland. This paper will outline the development work conducted by the company and highlight the important chemical and physical properties that make a successful CCM. Much of the research was conducted at the RHI Technology Centre in Leoben, Austria. In addition, a number of external laboratory studies were conducted on behalf of RHI AG. The result of this work has allowed the company to develop a Magnesia product with optimised properties for use in the Cobalt and Nickel hydrometallurgical extraction process.INTRODUCTION Premier Periclase is part of RHI AG, a globally operating supplier of refractory products, systems and services, headquartered in Vienna, Austria. The company produces Magnesia from seawater at its plant in Drogheda, Ireland. While the main focus is on production of refractory grade Dead Burned Magnesia for the steel industry, the plant also produces a number of different grades of Caustic Calcined Magnesia as well as Magnesium Hydroxide products. As part of a major project to diversify the company’s product base, the use of CCM in the Cobalt (Co) & Nickel (Ni) hydrometallurgical extraction industry was investigated. One of the company’s highly reactive grades of Caustic Calcined Magnesia was found to be particularly suitable for this application. In an effort to understand what makes a successful Magnesia for hydrometallurgy the chemical and physical properties of different Magnesia’s used in Co & Ni hydrometallurgy were investigated. This paper and conference presentation outlines the findings of this process."

Jan 1, 2017

By Clemens Kuhnert

"Nickelhütte Aue GmbH is specialized in the recycling of waste materials containing non-ferrous metals. We treat nickel, copper, cobalt, vanadium, molybdenum and precious metal containing materials like spent catalysts, ashes, dusts, grindings, liquids, slurries and sludge's as long as they contain one or a combination of the above mentioned metals. In our pyrometallurgical works we produce non-ferrous metal concentrates suitable for further treatment in our hydrometallurgical plant where we refine Ni-, Cu-, Co- and V-chemicals. Our production is based on synergy effects due to the combination of pyro- and hydro-metallurgy. As an example we can mention our heat recovery system and internal recycling of by-products. Furthermore, the use of alternative fuels instead of fossil fuels contributes to the economic and environ-mentally friendly treatment system.INTRODUCTION Nickelhütte Aue GmbH (NHA) can look back on nearly 400 years of tradition as a pyrometallurgical works and recycling company. The existence since its foundation in 1635 as a blue dye works shows responsible and successful action in the past. Therefore, we see highest customer service, minimization of interferences with nature by closing material cycles and maximized health and occupational safety protection by avoiding injuries and diseases, still as our future duties. These duties are evaluated and monitored by an integrated management system that meets the standards of DIN EN ISO 9001, 14001, 50001 and BS OHSAS 18001. We commit ourselves to the observance of all juridical and customized demands. The management and the department managers perceive their model function. We require responsible action from all employees. To protect the continuity of our enterprise, we will also perform in future continuous improvement of products and their quality, as well as steady progress in the areas of environment protection, health protection and industrial safety. Equally the effectiveness and propriety of the management system is checked and developed regularly. In order to obtain the objectives resulting from this policy, our company determines activities and measures by involving all employees."

Jan 1, 2017

By Hongpu Kang

The fully mechanized top coal caving mining method has been the main mining approach for thick coal seams with high output and efficiency in Chinese coal mines. The gateroads for the top coal caving mining faces should be driven along the floor of the thick coal seam with a part of the seam as roof. The support of the gateroads is commonly difficult because of the low strength and broken structures of the coal seams, and the increasingly large section of gateroads meeting the need of greater and greater face coal output. Based on the analyses on the geomechanics properties and production conditions of the top coal caving mining, the influences of the top coal caving mining parameters on the stability of gateroads, including mining thickness and face length, are studied. The deformation and damage features of the rock mass surrounding the gateroads with the top coal seam as roof are investigated, the interaction of the support with the surrounding rock mass, the support theory are studied. The bolting design method and criteria, bolting forms and parameters for the gateroads with the top coal as roof are put forward. The rock bolting components, including bolt bars, face plates, cable tendons, meshes, and steel straps, are introduced. Finally, the gateroad bolting effects are evaluated through a typical case study on the basis of field monitoring data, such as the displacement of surrounding rock mass and the forces along bolts and cables.

Aug 1, 2013

By David Ulrich Furrer

Materials and manufacturing processing technologies have played an important role in the development and capabilities of nearly all manmade products. Market drivers for fuel efficient, low cost, environmentally friendly, more capable transportation has given rise to significant materials challenges and subsequent developments. The rate of improvement and implementation of new commercial products can be limited by the rate of new materials and process technology development and qualification. As many materials are being designed for unique requirements and even location-specific unique properties, the implementation of tools and methods to enable rapid characterization and validation of material definitions and design systems must also be accelerated. A review of new integrated material, manufacturing process and component designs, engineering processes and emerging tools and methods will be discussed. The linkage of computational materials science and engineering into component design will also be discussed along with the challenges and opportunities for further growth and application of integrated computational materials engineering (ICME).

Jan 1, 2015

By P. V. Golde, R. A. Poole, G. R. Baiden

"INCO is committed to proceed into the next century using automation and robotics to achieve safety and productivity goals necessary to enhance its competitive position. Stobie Mine, decades old, is the first of its mines to change from labour-intensive to automationassisted techniques. This paper is a synopsis of the progress made during the transition period including overviews of some of the projects as well as some of the difficulties in the assimilation of the technology. BackgroundThe ObjectiveThis paper is an update on remote control and LHD automation installation at Stobie mine. The communications system installed at the mine and the ability to remotely control underground equipment from surface is reviewed (Poole et al., 1996, 1997). It discusses some of the experiences and processes required to further the concept to consolidate the operation of multiple machines under a single operator. It considers the communications systems requirements and their focuses, particularly on the development of systems for the tele-operation of LHDs and drilling machines from surface."

Jan 1, 1998

By Bob A. Hamaguchi

The Trojan Tailings Pond at Highland Valley Copper developed in only 15 years from a biologically inactive water body into a productive lake with a well established aquatic ecosystem. This process was assisted by a few simple and inexpensive procedures including fertilization and introduction of essential organisms. The success at the Trojan Pond has encouraged the use of similar techniques in other water bodies on the mine site. This paper details: ??The history, water quality and thermal behavior of Trojan Tailings Pond ?Techniques used in fertilization; introduction of micro-flora (algae etc.), large aquatic plants, zooplankton and invertebrates ??Selection and sources of suitable transplant materials ??Rate and extent of vegetation establishment ??Biomass production ??Rates of organic sediment accumulation over tailings ??Bacterial activity in the sediments ??Improved water quality through the bioaccumulation of aqueous metals in plants and the subsequent bacterial binding or precipitation of that metal during decomposition in the tailings sediment. Robert A. Hamaguchi graduated with a Mining Diploma from the British Columbia Institute of Technology in 1971, followed with a Bachelor of Applied Science in Mineral Engineering from the University of British Columbia in 1975. Since graduation, he has worked for numerous open pit mining operations throughout British Columbia. In 1991, he joined Highland Valley Copper working as an Environmental Engineer responsible for government liaison, reclamation, decommissioning and other environmental duties. Heather M. Larratt graduated from the University of Calgary in 1978 with a B.Sc. in Environmental Biology (First Class Honors). She has provided drinking water management and reservoir design for numerous cities and irrigation districts in British Columbia for 20 years. Heather has also worked for 12 years in reclamation of mine water, including passive SRB water treatment systems. Mark R. Freberg joined Highland Valley Copper in 1991 after working at number of mining operations in British Columbia and the Northwest Territories. He graduated in 1979 with a Bachelor of Applied Science degree in Mineral Engineering from the University of British Columbia.

May 1, 2001

By J. G. Kelly

"IntroductionOver the past twenty-five years of improvements to scooptrams In the Ontario Division of Inco Ltd., records indicate that on average, an 8 yard capacity machine at 80% availability will load, haul and dump about 100TPH from an average stoping area. This, essentially, means that Inco mines are limited to 2000 TPD as an approximate maximum production cap per minute. Some of the improvements made to scooptrams over this period have been:• dry disc and oil immersed brakes on larger loaders;• to replace air over hydraulic systems;• modulated shift transmissions;• greater breakout and tramming capacities by using larger engines and buckets;• operators' compartments have been enlarged and better seats,• joystick controls and air-conditioned cabs have been utilized'• major cost savings have been realized through tire maintenance improvements; and• major savings, safety improvements and increased ore recovery by using remote controls.After reciting the improvements listed above, and the list is by no means exhaustive, it is quite obvious that scooptrams are a mature product and that major design or performance improvements will not occur in the futre. Any futher improvements will be incremental in nature. Loading, hauling, and dumping with scooptrams is a batch process and as such is limited in its total output.Continuous Load/Crush/Convey Systems:In order to improve productivity, a radical new system was required. The target was 2000 tons per shift. In 1984, to meet the goal, Inco acquired the rights to a contiunous loader from Canadian Mine Services. Inco made modifications to the original prototype machine, such as: (I) conversion from rail mounted to crawlers for increased mobility; (2) a hydraulic cooling system was added; (3) flight bars were changed from cast to forged; (4) motor horsepower increased to 200 hp from 150 hp. Emerging from these modifications came a machine known as the CL-looo Oscilloader (Fig. 1).The CL-looo Oscilloader is an electric hydraulic 35-ton machine which is crawler mounted and has a drawbar pull of 30 tons. It has an adjustable frequency, oscillating lip which simulates the digging action of a manual .shovel. This action agitates and lifts the muckpile enough to allow it to settle by gravity onto the chain and flight conveyor table which then removes the ore to the tail end for discharge into either a crusher, a conveyor, a truck, or a combination of these.Late in 1985, six oscilloaders were fabricated and put into Inco mines for field trials. At Creighton Mine some early field trials were conducted with a rail mounted continuous loader loading directly into 140 cu.ft. Granby cars. Much of the field testing was in VRM drawpoints with the Oscilloader loading into 20-ton trucks or into Teletrams . At Levack Mine, by puttmg the truck on remote control, it was possible to have the operator run the Oscilloader and load his own truck (Fig. 2). At McCreedy West Mine, Copper Cliff North Mine, and Copper Cliff South Mine, the Oscilloaders discharged directly into 26-ton trucks."

Jan 1, 1988

Delivering Our Products On any given day in North America, 80 kilometers of rail cars are engaged in moving our product. Global Customer Base Our business accounts for more than 30% of all bulk goods moved through the Port of Vancouver

May 1, 2006

By A. Zaidi

"The mining and metallurgy industry is highly energy intensive and one of the largest energy users in Canada. Energy costs are also a major component of total production costs in this industry as described in the 1990 Report of The Canadian Industry Program for Energy Conservation (CIPEC). For some plants, energy costs are reported to be up to 30% of total production costs. Therefore, a reduction in energy costs provides an opportunity to improve industry profitability. The specific energy intensity and production costs can be reduced by using modem energy efficient natural gas technologies. In addition, these technologies often improve product quality and increase productivity. Natural gas not only offers economic benefits, but is also environmentally benign as compared to other major energy sources. Emissions of NO"", CO2 particulates and SO2 are lower with natural gas than other fossil fuels.This paper provides a brief overview of some state-of-the-art gas technologies for the mining and metallurgy industry including cogeneration, oxy-air-fuel burners, ceramic immersion tube heaters, direct gas contact process, low NOx burners, and energy efficient liquid heating systems.CogenerationCogeneration is defined as the simultaneous production of electricity or mechanical power and useful process heat from a single fuel source. One of the primary considerations in selecting a cogeneration system is the relative quantities of electrical and thermal energy which are to be produced. Two types of systems are discussed below."

Jan 1, 1993

By A. Koning, P. Lauzon

Pressure hydrometallurgy operations require vessels to be lined with an impermeable membrane for corrosion protection and one or more courses of refractory or ceramic brick. Examples of unit operations that utilize composite lining systems include pressure oxidation autoclaves, sulphide precipitation autoclaves, chloride leach reactors, flash vessels, cyclone separators, and direct contact condensers (heater vessels and quench vessels). The refractory lining must satisfy multiple requirements: it must thermally insulate the membrane from process fluid, be structurally stable, provide erosion resistance, be chemically compatible with process fluid, and provide an economic service life. New hydrometallurgical processes are pushing the pressure, and temperature, with each new generation of plants. A fundamental understanding of all factors affecting the mechanical stability of the lining system is essential as lining designs move further away from the industry's experience base. The impact of irreversible chemical swell, operating factors, design factors, and installation factors are presented based on modifications to the traditional one-dimensional mechanical stress model. A new stability criterion - that the brick lining remain in contact with the steel shell membrane - is presented. This new stability criterion imposes new restrictions on the lining design.The effect of geometry and adding additional degrees of freedom to the analysis is explored using two-dimensional and three-dimensional Finite Element Analysis (FEA). The effect of these additional degrees of freedom on the results of the one-dimensional model are discussed.

Jan 1, 2004

By R. A. Nemchek

Over the years, concentrator plant design has evolved from a large number of small grinding mills to a small number of large mills. In many cases, all of the tonnage runs through a single mill (typically a large SAG mill), so that the plant?s performance hinges on the productivity of this one machine. Industry specifications attempt to address the critical nature of today?s grinding mills in a manner that is often overly complex, neglects economics, and is not clearly focused on the end user?s goals. This paper surveys current industry practices, and proposes an improved approach to standards writing recognizing that product design, procurement, manufacturing, and quality are all inter-related in contributing to a project?s success. The lessons learned here can be extended to specifications for all types of machinery.

Jan 1, 2012

By Åke C. Rasmuson, Mahmood Alemrajabi, Kerstin M. Forsberg, Kivanc Korkmaz

"In the present study the recovery of a Panasonic Prismatic Module 6.5 Ah NiMH 7.2 V plastic casing hybrid electric vehicle (HEV) battery was investigated, separately processing the anode and cathode electrodes. The composition of the electrode materials was determined by total dissolution and analysis using ICP-OES. Nickel is the dominant metal in the active materials (65% by mass in the anode and 70% by mass in the cathode). Most of the rare earth elements (La, Ce, Nd, Pr and Y) are located in the anode active material, whereas only a small amount of Y is found in the cathode material. The electrode materials were further characterized by SEM-EDS and powder XRD. The electrodes were leached in sulfuric acid and in hydrochloric acid under different conditions. The dissolution was followed by taking out samples and analyzing the concentration of REE, Co, and Ni using ICP-OES. The results indicate that the dissolution of nickel could be limited by slow dissolution kinetics of nickel oxide. Further, it was found that light rare earths are lost through precipitation during sulfuric acid leaching with increasing extent as the temperature and sulfuric acid concentration increases. The separation of REE from the sulfuric acid leach liquor by precipitation as NaREE(SO4)2.H2O and from the hydrochloric acid leach solution as REE2(C2O4)3.xH2O have been studied by performing experiments using battery leach liquors. INTRODUCTIONIt is well known that the Hybrid Electric Vehicle (HEV) is becoming more common due to economic and environmental reasons. Batteries are widely used in HEVs’ such as automobiles or larger trucks for transportation purposes. The most common type of battery in these vehicles is nickel metal hydride (NiMH), largely due to Toyota's decision to use them in their popular Prius. More than two million hybrid cars worldwide are running with NiMH batteries, such as the Prius, Lexus (Toyota), Civic, Insight (Honda), and Fusion (Ford). Panasonic manufactures HEV prismatic NiMH batteries that have been used by Toyota and GM (among others), while Sanyo manufactures HEV cylindrical cell NiMH batteries, which have been used by Honda and Ford."

Jan 1, 2016

By C. Cristonffanini, S. Nazari

"In the past, simulation was considered to be an offline tool disconnected from plant operation. Advancements in the computation power combined with utilizing physics and chemistry sciences have allowed us to significantly improve the modeling and simulation technology for mining and mineral processing. This paper investigates the benefits of first principle models and simulation by connecting them to real time operation. Process data are connected to high fidelity models executed in parallel to the operation. In recent literature, this concept is known as Digital Twins. The Digital Twin is used for various purposes such as optimization, virtual instrumentation and condition monitoring. Using IDEAS™ simulation software we are able to construct a digital twin for different equipment inside a mineral processing plant. Two case studies for building a digital twin for the primary hydrocyclone feed pump and thickener underflow are presented. Using the pump’s model, a digital twin is developed and is installed in a gold extraction plant that is able to infer the slurry density in real time. Additionally, it is used for detecting sanding in the pipes and impeller condition monitoring.INTRODUCTION Since the eighties, thanks to advances in computation technologies, computer based simulation of processes using first principle models has become a well-known engineering tool for various industries. As our understanding of processes has increased, their representative models have become more realistic and more sophisticated. Due to this increase of accuracy, use of simulation is becoming more fundamental in process industries. The main goals to use accurate simulation is to decrease the engineering and construction cost, optimize the process design and improve the operation performance by decreasing operation cost and increasing efficiency. The term Digital Twin was first introduced in 2010 by NASA (Shafto et al., 2012) in aerospace industry. Subsequently, the concept quickly spread through other industries. As of today, no standard organization has provided an official and unique definition of Digital Twin for process industries. However, there are three important aspects that are common throughout various descriptions. When simulation is core functionality of the process (1) along the entire life cycle of the plant (2) with direct linkage to operation (3), it is called that process has a Digital Twin. According to Gartner, the concept of Digital Twin has elected as fourth most important disruptive technology for the year 2018 (https://www.gartner.com/, 2017)."

Jan 1, 2019

By Mark Kennedy, Allan MacRae, Cameron Hams

New technology projects, particularly those involving first-of-a-kind metallurgical facilities, have a poor track record of achieving their overall financial targets, as they incorporate technological risks in addition to normal project risks. Traditional project management tools focus on risk from concept development through implementation, but typically fail to address the additional risks associated with a new technology project including slow start-up, slow ramp-up, and failure to achieve design performance (quality or throughput). These additional risks affect future cash flows produced by the project and hence its value, typically measured as net present value (NPV) or internal rate of return (IRR). Common accounting practice is to reduce the present value of future cash flows by applying a chosen discount rate, often reflecting the corporation's cost of capital. This discount rate does not contain an allowance for technological risk, which is often underestimated or misunderstood by both the financial and engineering project managers. This paper will focus on the topic of project risk and new technology, and how these play a role in the probability of achieving the predicted future cash flows. By properly addressing technological risk in the form of risk-weighted returns, marginal projects can be prevented from proceeding, while sound projects can be given the additional time and resources required to achieve the optimal level of front-end-loading (the level which returns the maximum risk-weighted net present value). A simple set of mathematical tools should enable engineers and financial professionals to establish a common level of understanding, thereby leading to a more accurate assessment whether a new technology project is ready to pass through its next level of approvals.

Jan 1, 2011