1FI02 Case Study We helped a mine save $2M in capital in just six months

FI02 Case Study

We helped a mine save $2M in capital in just six months

For a particular mining client, a lack of insight

regarding their fuel consumption was leading to

them holding more inventory than they actually

needed. The client had no timely or accurate data

on their fuel consumption levels, stock, or fuel

deliveries, and therefore had no way of determining

exactly how much fuel inventory was required.

To avoid any outages, they were consistently

purchasing and storing more than necessary. >>

Problem:

We helped a mine save $2M in capital in just six monthsFI02 Case Study 2

The client lowered their day tank holdings from

11ML to 9ML in the first six months of the project,

improving their cash position by a very impressive

AUD$2M.

The quality of the AdaptFMS data allowed the

client to optimise their inventory, hold less fuel,

and reduce the risk of outages through the use of

accurate, real time data.

Solution: Benefit:

By installing FluidIntel’s AdaptFMS at the client’s

site, we were able to provide the client with far

greater insight and control.

We installed tank gauging on the client’s

mine site, and connected this to our real time

reporting software. The gauges collect very

specific tank volume data, and communicate

directly with our AdaptFMS system, enabling the

client to easily determine their fuel tank storage

volumes at any time.

Due to the reliability and accuracy of this data,

the client was able to identify the exact fuel

volumes they needed on site. As a result, they

asked their fuel supplier to keep their tank levels

within an optimal volume band, enabling a return

of 15% of fuel volume to the depot. By holding

less fuel on site, capital was freed up for other

uses, without affecting buffer volume availability

for emergencies.

FI02 Case Study