May 17, 2020

Komatsu rolls out new equipment rental business in Australia

Komatsu
Australia
Machinery
equipment rental
Admin
2 min
Komatsu rolls out new equipment rental business in Australia
Komatsu has unveiled a new equipment rental business for its Australian mining market, which will provide more than 200 Komatus construction and utility...

Komatsu has unveiled a new equipment rental business for its Australian mining market, which will provide more than 200 Komatus construction and utility machines with a team of 11 staff.

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According to Geoff Pisani, Komatsu Rental’s national rental manger, Komatsu Rental customers can enjoy the same level of support that is available to Komatsu machine owners.

“Much of the demand for Komatsu Rental equipment is coming from Komatsu customers, who are keen to rent the latest low-hour equipment from us, and to receive the full service and technical support that we offer all our customers.

‘And as the only national OEM-backed rental operator, Komatsu Rental customers get all the advantages of Komatsu machine owners including access to our KOMTRAX and KOWA machine management reporting systems, and complete integration with our technical and service operations.”

The rental business is an area of major growth potential for Komatsu.

“We see it growing very strongly over the next few years, with Australia and New Zealand on track to follow major overseas markets, including the US, Japan and Britain,” said Pisani.

“These markets have seen sales to the construction equipment rental sector grow rapidly over the past 15-20 years.”

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In recent years, a number of mining companies with limited access to capital have shifted their outlook to the hire and rental markets. Pisani believes the rental option is very attractive for contractors and plant hire companies with limited capital access.

“There is also the changing demands of the major project environment, where the major contractors no longer own all of their equipment, instead engaging plant hirers and subcontractors – who in turn can see the advantages of renting quality low-hour equipment during the term of their project,” Pisani said.

“We see many opportunities supporting plant hire companies – many of whom are also our customers – who need to supplement their fleets to meet ever-changing project demands.”

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Jul 17, 2021

Coal India Secures First-Of-Its-Kind Digital Deal

digitalmining
coalindia
Accenture
Sustainability
2 min
Coal India Limited has secured a new deal with Accenture Solutions to consult on enhancing mining performance and production through a digital endeavour

Coal India Limited (CIL) has appointed Accenture Solutions to digitally transform seven of its open-cast mines as the company strives to improve performance and increase coal production. Accenture is due to lay down digitalisation groundwork until March 2022.

The deal aims to increase coal production by 100 million tonnes (MT) by the end of FY’23. Once the minimum quantity has been surpassed, an agreed sum will be paid to the consultant for every additional sum of coal produced. This success fee will only be paid on the procurement of the minimum assured quantity. 

The move will see heavy earth moving machinery (HEMM) fitted with digital sensors to monitor performance efficiency at all levels. Additionally, modern data analytic techniques aim to increase mine productivity and project monitoring through functional system management and effective observation. 

An Exciting Venture For Global Mining

CIL, which aims to provide energy security in an environmentally and socially sustainable manner, hopes the move will help transform the entire business of mining operations and ensure higher volumes of coal are acquired at a lower cost. 

“This is a first of its kind initiative by the company utilising digitalisation to ramp up coal output,” CIL has said. 

A Digital Step Towards Enhanced Performance

Digitalisation is expected to take place at open-cast mines in Kusmunda, Gevra, Dipka of Southern Eastern Coalfields (SECL), Migahi, Jayant, Dudhichua, and Khadia of Northern Coalfields (NCL). Nearly 32% (188 MT) of CIL’s 596 MT output in FY’21 was accounted for by the seven selected mines. However, this new deal is set to see a large increase following the subsequent digital changes due to be made.  

“Learning from the outcome and success of this model, we may replicate it in our other large mines,” says CIL, optimistic about the future following the modernisation of their mining. 

It is expected that the move will help address roadblocks and guarantee corrective measures are put into place, ensuring the company is able to move forward with its aim of increasing output whilst remaining sustainable and eco-friendly.

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