Iron ore, OEMS

Masters in fuel management

Veridapt supports Roy Hill to set the standard for fuel reconciliation in the mining industry.

Fuel is one of the most important assets on a mine site, so when you can achieve a near-zero fuel reconciliation rate, operators can unlock significant productivity benefits.

Roy Hill, a leading iron ore miner, is a prime example, recently achieving a fuel reconciliation rate of 0.02 per cent across its pit-to-port iron ore value chain in the 2023–24 financial year (FY24), setting an industry benchmark.

Working with fuel management expert Veridapt, Roy Hill has undertaken a range of improvements including updating technology to ensure hardware and software is standardised across its mine, port and rail.

Veridapt’s AdaptMAC hardware has enabled Roy Hill to track its fuel expense across its operations.
Image: Roy Hill

Veridapt’s AdaptMAC hardware is part of the AdaptFMS solution – a fuel management system that provides complete visibility of hydrocarbon usage down to each consuming asset.

AdaptFMS aggregates data from field devices and presents it in a meaningful format for statutory reporting and internal analysis.

The platform enables operators to visualise their entire fuel supply chain in real-time.

With AdaptFMS as the basis, Roy Hill and Veridapt have worked together to constantly innovate fuel-management processes.

Automation has been a key focus with APIs (application programming interfaces) implemented so multiple systems can interact with each other and have the data flow validated and centralised.

Roy Hill tracks fuel levels and volumes in real-time with AdaptMAC tank gauging. The accuracy of the information allows the iron ore miner to set up alerts that tell the company when fuel storage drops below a certain level, automatically notifying fuel vendors and improving operational efficiencies.

The digitisation of fuel reconciliation is also having an impact in Roy Hill’s mobile maintenance workshop.

Whenever an asset is serviced, the maintenance team is able to understand the burn rates of fuels, coolants and other lubricants. This data quickly allows maintainers to determine if the asset is consuming more than OEM (original equipment manufacturer) recommendations and make the necessary adjustment.

Having established a trusted and collaborative relationship, Veridapt’s product development team is able to move product developments to a proof-of-concept within the Roy Hill ecosystem, delivering the safety, efficiency and productivity outcomes that have made Roy Hill’s fuel management reconciliation an industry leader.

This feature appeared in the October 2024 issue of Australian Mining.

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