Project description and overview

This niche project is focussed on the development and deployment of a low cost sensor and communications unit on mobile equipment. The technology alerts the driver when an oversize rock is loaded and this truck is then diverted so that the oversize does not block ore processing equipment resulting in costly downtime. A target price of $5,000 is set to make it commercially attractive, based on BHP requirements.

Market size is reasonable but not large on a global basis however the technology could be applied in other transport sectors such as rail, which will be a much larger market.

There is competition in this market but there isn’t any established provider. It is a good collaboration between a technology provider, an engineering solutions company and a Tier 1 miner.

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Project Participants

Contributions

150000
Government Funds
220000
Industry

EXPECTED IMPACT

High potential for sales to flow through to BHP sites globally.

Good collaboration between small complementary METS companies and a Tier 1 Miner.

Good opportunity for technology to be applied to other mobile equipment e.g. rail cars.

EXPECTED GROWTH

Expected $10M p.a. revenue from global market.

EXPECTED JOBS

 Multiple FTE Manufacturing, Mechatronics jobs.