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As demand from China and emerging nations increased in 2010, the market for iron showed signs of recovery. The impact of the turmoil of recent years, caused by the economic downturn is beginning to fade, with demand increasing - but still against a backdrop of constrained global supply. One of the challenges facing companies within the sector is the continuity of supply to meet the peaks in demand.Sustainability and environmental concerns coupled with the need for innovation remain high on the agenda. And this, in addition to juggling the competing demands of an energy intensive industry with the need for mine profitability.Given the reality of the external pressures and challenges facing mining company, it is of little surprise that mining executives are interested in optimizing operational performance - looking to perform faster and smarter while cementing an operational culture that embodies continuous improvement and evolution.We help our clients by developing and implementing customized change programs that transform operational performance in the core business areas and embed continuous improvement into the culture of the mining organization - and with a sense of urgency that guarantees results within weeks.
Iron ore clients have achieved significant improvements in their operations by managing the total process from the customer receipt back thorough all the stages of logistics and production.Although the scope for improvement varies between mines, most clients see very significant throughput increases, improved equipment availability and reduced direct costs per ton. Mining clients typically show returns of over 3:1 on their investment.
Proudfoot was retained to assist with our cost reduction program. The Proudfoot team was very professional and integrated well with the local management team. Their rigorous approach was effective in developing a more cost-conscious culture at IOCC (part of Rio Tinto).General Manager, Organizational Change, Rio Tinto ______________________________________________________________________
Proudfoot turns around a global iron ore producer's failing cost-reduction program Read more >>
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