$80M in potential annual benefits identified
25% reduction in company all-in sustaining cost (AISC)
470 unique improvement ideas generated
60% of projects slated to start in 2020 are in digital and automation
- Operations at two facilities were suspended due to market weaknesses in uranium.
- The facilities have remained in care and maintenance since 2017.
- As part of the evaluation of options to reopen production, the client considered how the projected cash operating costs, specifically measured as AISC, for the two facilities could be reduced through a combination of digital technologies, optimizing process improvement and other targeted capital expenditure.
- Hatch approached the challenges by tackling them on two fronts:
- Idea generation and prioritization to identify cost reduction and process improvements.
- Development of a digital transformation strategy to ensure the organization is ready for technical and organizational changes.
- Generated 470 improvement ideas, sixty of which were targeting to commence in 2020 and bring the two facilities back to operation.
- Developed the building blocks of a successful digital transformation by defining the "mine of the future" strategy.
- 470 unique improvement ideas were generated.
- $80M in potential benefits were identified.
- 25% reduction in company AISC.
- 16 Hatch Subject Matter Experts (SMEs) engaged in the project.
- 60% of projects slated to start in 2020 are Digital & Automation.
- Developed an initiatives road map for 2020 to 2022.
- Develop vision and strategy for mine of the future and the necessary steps to get there.
Project numbers470 unique improvement ideas were generated.
$80M in potential benefits were identified.
25% reduction in company AISC.
16 Hatch SMEs engaged in the project.
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