The “no brainer” opportunity
Imagine, 6 operational locations with a combined maintenance spend of $438 million and acceptable but mediocre performance. Production outputs ranged from 70% to 94% of nameplate values.
- The cost savings potential is $97 million.
- Improvement to nameplate levels adds upwards of $768 million in revenues.
- The spend to achieve that over 3 to 5 years was only $30 million.
That’s faster than the current mine permitting processes. Revenue was equivalent to adding a new mine at about 3% of the typical capital investment. Yes, this was a real customer in the mining industry with operations throughout North America.
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