Weir Minerals has implemented its total asset management plan at Tronox’s mineral sands mine in Cooljarloo, Western Australia to slash maintenance costs and frequency.
Weir and Tronox have strengthened their relationship, with Tronox exclusively contracting Weir to take ownership of all maintenance, asset management and optimisation of its assets.
Thanks to Weir, Tronox has reduced its unplanned maintenance by 30 per cent and its maintenance costs by 10 per cent, by managing slurry pumps, floating dredges and a floating concentrator.
The Total Asset Management plan has also granted Tronox the opportunity to transition its shutdown cycle from a six-month to eight-month frequency, which will save the mine more than $1 million in maintenance costs annually.
Weir is now located on site at Cooljarloo, prepared to complete crucial maintenance as required and gain insights into the customer’s issues so it can proactively evaluate each asset.
“The Weir Minerals team worked closely with Tronox to determine what their goals and vision for their mine were,” Weir Minerals director Daniel Fleckhammer said.
“The team then developed a tailored Total Asset Management plan which aimed to look after the customer’s assets, improve their wear life and keep the mine running.”
This collaborative plan allows Tronox to pay on a cents per tonne, based on the throughput through the processing plant.
Partnered with a clear set of key performance indicators, both companies work towards a common goal to increase savings and improve asset reliability.
Tronox Cooljarloo site director Ian Rennie endorsed the company’s partnership with Weir, having seen the benefits firsthand.
“If other companies around the world are looking at this type of agreement, I’d really encourage them to explore it,” Rennie said.
“At Tronox, we’ve only been touching the surface for a year now and we really see some huge benefits already.”