In the last couple of years, Mining companies face unfavourable situation in terms of price of Mining Product. Although actually every Mining company couldn’t control and determine the price of their Mining product, before these difficult years, the price of mining product quite high so that Mining company could have significant margin for them to live and grow. On that situation, it seems that running a Mining company is easy to do.
However the price is fluctuating and unfortunately it is now going down and stay low. In particular, in Indonesia coal price is very low and the cost of coal production is now just about the coal price. Coal mining company needs to perform special effort to reduce the cost, increase the productivity, extend the operation control and maintain the market.
In MIT, we help Mining companies in managing the end to end Mining process by providing and implementing right tools. MIT provides ABB MineMarket to manage the Mine to Market process that would make Mining company can increase their visibility in overall operation process hence could avoid any additional expenses caused by unnecessary & non-productive activity, product penalty, demurrage, mismatch in available product in stockpile and delivery plan, etc. MIT also offers Optimation tool as a complement of ABB MineMarket or as stand-alone system, either way could help Mining companies in optimizing the process in order to minimize total production cost in delivering the product. MIT also helps in providing reliable network communication to support the needs of network presence in the remote Mining area. The other things that MIT could also assist are developing process and monitoring control, establishing integration between any devices to the Enterprise Software or between Enterprise Software itself, and developing specific tailored application to support specific process in the Mining operation.