Sandvik Shifts Mining Equipment Facilities to India, China
Sweden-based Sandvik has announced new efforts to shift its mining equipment facilities to India and China from the US and Europe as part of the company’s two-year reorganization initiative.
"A number of factories in Europe and the US are to be closed down,” Sandvik Mining president of emerging markets Kobus Malan stated in an interview. “They were acquired during the ten-year long mining super cycle when chasing orders were a priority."
The manufacturer company is concentrating on cost efficiencies and emerging markets like India and China as it expects both countries to be growth churners in the underground coal mining gear business next year, especially India.
“We are expecting the coal sector to contribute half of our mining business in India in next five years,” said Subhasis Das, vice president Sandvik Mining.
Sandvik has made a name for itself in the hard-rock mining sectors of India but has yet to find its niche in the country's coal sector.
“We will prune the portfolio by divesting areas where we see lesser potential for Sandvik, while at the same time making acquisitions and build in areas where we see more potential,” Chief Executive Officer Olof Faxander said.
Sandvik is a global supplier of mining equipment and tools, service and technical solutions. The company specializes in peripheral equipment for the underground mining sector.
5 Mins With... Arun Narayanan, CDO, Anglo American
Arun Narayanan, Group Chief Data Officer, Anglo American, introduces VOXEL, the mining industry's first digital transformation platform for data-driven decisions...
What is VOXEL?
"VOXEL is the mining industry’s first digital transformation platform for data-driven decisions. It is the implementation of the Operating Model with machine learning and artificial intelligence. It encompasses the entire value chain for Anglo American and it helps us really move forward into the future. A platform built in the cloud... It is a very modern platform looking at all of the data that exists in our operations and trying to bring that all together is the first step."
How does VOXEL work?
"The data from digital twins, plus data coming in from our historians as well as geoscience data as well as external data is all pulled in into a modern, scalable infrastructure that we call the data lake. This data lake contains the data of our operations and presents the first opportunity for us to start to integrate things. As we begin to build these integrated models we are cleaning up the data. We are performing data management tasks at the lowest levels from data quality to the highest levels like data management. This cleaned-up information allows us to create data-rich applications... It gives us a great opportunity to leverage the advancements happening in the computer science industry to bring machine learning, artificial intelligence, burst capacity for our applications through cloud computing and much, much more."
What makes VOXEL different?
"The entire system, the entire value chain modelling, has been built specifically by us for mining as opposed to looking at other alternatives which are specifically targeted just to equipment or to other solutions. It looks at the full value chain, it takes in the deep expertise that sits in the T&S (Technical & Sustainability) organisation and the business units and it encapsulates that knowledge in the way these applications and these solutions are designed. It takes all of the digital twins that were built at individual steps of the value chain and pulls together almost a systematic digital twin of the full value chain - and that is really what sits at the heart of VOXEL."
How does VOXEL drive intellectual property and data ownership?
"We are taking a stand on data ownership. The data that we generate as part of our operations is an asset. It is our asset and we have to treat it as you would treat any other asset. We need to protect it, we need to make sure we are using it where it needs to be used and we need to make sure that we are getting the best return that we can get from that asset. And that is what the VOXELTM data programme sets out to do. It gives us a pathway to begin to claim ownership of that data and begin to use that data to drive the best decisions that we can – that we can get.
"The other aspect of this is intellectual property. Intellectual property in this system is owned almost entirely by Anglo American. We do work with industry-leading partners like Microsoft for the cloud solution and we buy other components where they are necessary but they are encapsulated away and the intelligence in the system is owned entirely by us. What that means for us from the scalability standpoint is that we can productise these solutions and deploy them at pace without incurring additional costs to all of our operations."
Arun Narayanan, Group Chief Data Officer, Anglo American