To stay ahead of the game, it is important to have an appropriate toolkit available that continuously supports your process improvements.
What Should You Be Looking for in an Appropriate Toolkit?
For decades, MATLAB® and Simulink® have empowered engineers to rapidly transition ideas into production and generate value quickly, making them ideal for mining companies facing a fast-evolving industry landscape. Here’s how the MATLAB and Simulink toolkit can help you navigate a continuously changing landscape:
- Modelling for Success: Central to decision-making are robust models that provide a traceable description of your systems. Whether it’s a simple calculation or complex simulations, the Process Industry Support Package offers a flexible environment to answer critical business questions.
- Flow-Sheet Modelling: Use graphical tools to describe material flow from pit to port, engaging all stakeholders with a common language. This transparency enables flexible innovation and informed decision-making.
- Mine Electrification: Analyse the impacts of electrification on your operations, including modelling electric fleets and getting insights into carbon emissions.
- Process Plant Optimisation: Identify process bottlenecks and optimise system parameters to enhance productivity. Leverage built-in parallel computing capabilities to accelerate this computationally intensive task.
- Risk Quantification: Link input and parameter uncertainty to a variation in productivity. Leverage simulation study techniques such as Monte Carlo analysis to quantify production value at risk.
- A Unified Platform: Capture and leverage your business knowledge in manageable components that come together to impact your bottom line. Maintain control of your models, ensuring they reflect the expertise and experience of your team.
Our Expertise
MathWorks engineers bring extensive experience in data analytics, model development, simulation studies, and optimisation. We collaborate closely with our customers, transferring know-how so you can customise and maintain solutions independently.
Ready to Innovate?
Disruption is inevitable, but with the right tools and expertise, you can lead the charge. Schedule a consultation with our experts to explore how the Process Industry Support Package can drive innovation in your operations. Let us help you prepare for the future of mining.
“The value of looking at data analytics is an estimated at 6–8% uplift in production, which is significant. We are talking in the billions.”
Amjad Chaudry, Data Scientist Lead, Shell