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By S Hapugoda, H Han, L Lu

Sinter quality depends heavily on the mineral phases, textures and physical structure of the sinter, which are formed upon solidification of the sinter melt. The interaction of sinter initial melt with its surrounding materials will impact the properties of the sinter melt and consequently the solidified structure and quality of resultant sinter. Spreading and penetration are two important phenomena dictating the interaction of the initial melt with its surrounding materials, such as nuclei and adhering fines. In the present study, the penetration behaviour of an initial melt into various natural iron ore substrates of different ore types during sintering was studied using a laboratory scale penetration testing procedure. The penetration depth and width were found to increase with temperature and vary with the type of iron ore due to their unique pore structure and mineralogical texture.

Nov 8, 2021

By B Zhou

Geophysical borehole logging, which measures various in situ petrophysical parameters, can be used not only for qualitative interpretation such as strata correlation, but also for geotechnical assessment through quantitative data analysis. It can play an important role for safe and productive mining operations. Here we provide various applications of geophysical logs such as the estimation of the strength of intact rock or unconfined (or uniaxial) compressive strength (UCS), automated lithological/geotechnical interpretation, geophysical strata rating and orebody delineation and grade estimation. These derived parameters could provide input to control of geological and geotechnical models. This could assist site geologists and planning and production geotechnical engineers to predict and manage mining conditions on an ongoing basis. Both conventional logs such as density, natural gamma and sonic, and less common logging data such as full waveform sonic and televiewer data are examined for different applications. Although the examples used here are mainly for coal mining applications, but they can be equally applied to hard rock metalliferous mining such as iron ore mining.

Nov 8, 2021

By M I. Pownceby, M A. Rhamdhani, S Purohit, G Brooks

The current practice of magnetite ore agglomeration involves high temperature oxidation roasting (typically at 1200–1350°C) of magnetite to hematite phase in order to improve the strength and reducibility of pellets. The requirement to pre-oxidise the magnetite before introduction to an ironmaking plant increases the CO2 emissions generated during the ironmaking process. In our previous papers, a novel, alternative agglomeration route for magnetite ores was presented where magnetite was converted to a reducible CaFe3O5 (CWF) phase through the addition of lime to produce a Lime-Magnetite Pellet (LMP) feedstock that can be directly charged to ironmaking units. The LMP process eliminates the magnetite oxidation stage, thereby reducing the CO2 emission during ironmaking. The concept was tested by thermodynamic calculations, high temperature experiments and scaled-down pilot scale test work. In this paper, larger scale synthesis of halfstoichiometric LMPs (1 mole of Fe3O4 and ½ mole of CaCO3) were prepared using a balling drum, followed by overnight drying at 110°C and induration at 1050°C for two hours. The LMPs were analysed using X-Ray Diffraction and Scanning Electron Microscope techniques for phase and microstructure characterisation. The LMPs were found to have 14–15 wt. per cent of CWF phase when indurated under a CO2/CO ratio of 8.5:1. Pilot scale testing of the LMPs was conducted following ISO standard test procedures. The test results indicated the LMP’s had a Reducibility Index (RI) of over 91 per cent, a Tumbler Index (TI) of 87 per cent and a Reduction Degradation Index (RDI) of 4.6 per cent. The results indicate LMPs may be useful as an alternative feedstock to ironmaking processes that would result in lower overall CO2 emissions.

Nov 8, 2021

By J Lyons, M Hasan, D Pepper, C Vadeikis

Processing of large volumes of ultrafine ores has long challenged mineral processing operators because of lower recoveries and increased tailings. This has led to many deposits, or parts of existing deposits, being viewed as uneconomic. As the mining industry can no longer afford to overlook resources that require finer sizes to achieve liberation or result in high tailings losses, the need for technologies to address these issues has increased. Mineral Technologies (MT) worked with a prominent Australian iron ore producer over five years to implement an innovative gravity separation technology for the beneficiation of ultrafine magnetite. The magnetite mineralisation requires a liberation size of <40 μm and selective rejection of ultrafine silica prior to magnetic separation. Through collaboration with the client, MT applied their Lyons Feed Control Unit (LFCU) technology for the beneficiation of finely grained magnetite. LFCUs are widely used in the mineral sands and iron ore gravity plants, and in tailings applications, to recover water and provide constant high density process streams. This project was an extension of knowledge gained from these applications. Test work was conducted on-site, using 1 t/h pilot and 300 kg/hr laboratory scale units. This test work showed that the LFCUs could reject 20 per cent of feed mass to tails whilst recovering >94 per cent of Fe to product. This upgraded the feed from 53.7 per cent Fe and 19.7 per cent SiO2 to 63.8 per cent Fe and 8.8 per cent SiO2. Recovery by size data showed a minimum 88 per cent Fe recovery to product for <8 μm material and up to 98 per cent Fe recovery for the -38+25 μm fraction. The LFCU rejected 70 per cent of <25 μm SiO2. The information obtained from the test work was utilised in the design of the full-scale units which are due for installation at the project site in 2021. This paper outlines the results of this laboratory and pilot scale test work and how the data obtained was used to design the full-sized units.

Nov 8, 2021

By E Kasai, D Maruoka, Y Konno, T Murakami

The iron ore sintering process produces approximately three per cent of carbon dioxide emission in Japan because a large amount of coke breeze is used as the main agglomeration agent. Therefore, its suppression has been required. A promising method is to replace the coke breeze with biomass char and iron-bearing materials. In this study, the effect of the utilisation of metallic iron with coke or palm kernel shell char (PKS char) as an agglomeration agent on its oxidation behaviour was examined by a series of experiments using a sintering simulator. The use of PKS char leads to a larger decrease in the pressure drop difference of the sintering bed compared to the case using coke. Furthermore, the oxidation rate of metallic iron was larger in the case using PKS char together than that using coke. It was considered that the oxidation of metallic iron was promoted because the bed-temperature increased at a faster rate and achieved a higher temperature.

Nov 8, 2021

By W Russell, P Wighton, J Franke

Recent advances in ruggedised industrial control system technology and architecture in combination with latest technologies in the fast-evolving 3D LiDAR sensor sector becoming available have enabled the implementation of sophisticated automation algorithms for mining equipment such as bucket wheel reclaimers, as published by the authors in the peer reviewed AusIMM 2019 Iron Ore conference proceedings. This paper provides an overview of a second use case for such automation technology in bulk material ports integral to iron ore operations. The real-time 3D machine-vision based port automation system described in this paper was originally developed for the BHP-Mitsubishi Alliance’s (BMA) Hay Point port. The system has seen deployment at other major mining and general ports in Australia, such as at Dalrymple Bay Terminal (DBT) (shown in Figure 1) managed by Dalrymple Bay Infrastructure Management (DBIM), Hay Point, Queensland. It has the following use cases:

Nov 8, 2021

By D Teyhan, J Kirsch

Traditionally, most Australian iron ore mining operations have been surface-based. Processing plants were designed to handle dry ores. In recent years mining operations in the Pilbara have progressively moved below the water table exposing wet, sticky ores which have caused lost efficiency in screening operations as particles tend to agglomerate and adhere, blinding screening media. Miners and vibrating screen manufacturers have experimented with a shift from linear motion to elliptical motion screens. Elliptical motion conveys and lifts particles. Effective on flat deck (horizontal and inclined) or sloping decks it can be configured to provide a controlled transport rate, applying pressure in all directions to maximise screening efficiency. In practice, elliptical motion screens have proven to be effective in dislodging sticky particles from screening media, reducing blinding rates and improving screen efficiency. Moisture and clay content change during the life of a mine. These changes are sometimes the effect of seasonal rainfall, in other cases due to increased groundwater and clay content as mining operations go deeper. To compensate for such changes and optimise screen efficiency, changing the ‘shape’ of elliptical screen motion is required. This has traditionally required shutting down processing plants and making mechanical screen adjustments. Plant downtime is costly and machine adjustment has been a ‘trial and error’ practice. This paper will explore the results of a field trial that is currently underway in Brazil of a next generation elliptical motion screen design that allows operators to make changes to exciter rotational direction, speed and screen stroke angle, through electronic drive phase control. The machine’s electronic drive system synchronisation is enhanced for stability with a unique mechanical timing system. Operating at up to 6 g, screen adjustments can be made on the fly without stopping production. Early trial results are showing up to 50 per cent improvement in screen efficiency compared with traditional elliptical motion machines under certain feed conditions.

Nov 8, 2021

By L Y. Yang, Z Wang

This work presents the fundamental properties of CITIC magnetite concentrate and its performance in pelletising and sintering. CITIC concentrate has been widely used in pelletising to produce pellets for blast furnaces. It is also used in sintering to benefit from its sintering performance. CITIC concentrate has excellent balling properties owing to its size distribution, particle surface properties, large specific surface area and balling index, leading to strong green pellets and product pellets. When used in sintering at appropriate levels, sinter bed permeability improves, productivity is increased while coke consumption reduces, and sinter strength improves.

Nov 8, 2021

By V Matousek, A Sellgren, R Visintainer, G McCall

A 4-component model for settling slurry pipe flow has been previously described by Wilson et al (2006) and Sellgren et al (2014) to predict pipeline friction loss (hydraulic pressure gradient) over a range of slurry compositions: from fine to coarse particle size, narrow to broad particle size distribution, and low to high solids concentration. The method applies a weighted average of established pipeline models for various settling slurry flow regimes, according to the volume fraction of solids falling within the applicable size range for each model. Further development of the model was undertaken by Visintainer et al (2017a, 2017b), based on a comprehensive set of laboratory tests in 203 mm (8 inch) and 103 mm (4 inch) pipelines, and it was also adapted to the modelling of slurry pump performance derates. However, this work was all performed with solids having a specific gravity near 2.65, as is typical for many mineral processing and dredging applications. The goal of the present work is to test the applicability of these models for settling slurries having a higher solids specific gravity, as may often be seen in the mineral processing of iron ore deposits. To that end, a test program was carried out in a 103 mm (4 inch) pipe loop using various compositions of an iron ore product having a solids specific gravity of 4.75 and containing both coarse and fine solids. By screening and flushing operations, a range of particle size distributions were created having different proportions of the coarse and fine elements. In all, 19 tests were performed with d50 particle sizes ranging from 50 μm to 3.2 mm and delivered solids concentrations from 10 per cent to 43 per cent by volume. Particle size distributions varied from very narrow to very broad, with d85/d50 ratios ranging from 1.75 to 26. Pipeline pressure gradient and pump performance data were collected and used to test the applicability of the previously developed 4- component models and to propose improvements to the models for the handling of high-density solids.

Nov 8, 2021

By M Badawi, Y Foucaud, C Veloso, J Laine, A C. Araujo

Iron is one of the most exchanged commodities worldwide. Its use for steelmaking explains the growing demand in the metal which remains mainly produced by the mining and the beneficiation of iron ores. Flotation is the most used mineral separation technique worldwide, processing several billion tonnes (Bt) of ore annually, including, in some cases, hematite and magnetite ores. Based on the physicalchemical properties of mineral surfaces, flotation aims to selectively adsorb molecules that render mineral surfaces either hydrophobic or hydrophilic, known as collectors and depressants, respectively. Hydrophobic particles are then recovered in the froth by the injection of gas bubbles travelling up in the cell and attaching the hydrophobic particles. However, despite the popularity and the good performances of flotation, mining industry faces new challenges of decreasing grades and increased mineralogical complexness in ores. Many flotation variables, especially when related to reagent adsorption, remain poorly understood and it becomes necessary to gain knowledge to enhance the existing processes. Molecular modelling techniques like the density functional theory or molecular dynamics simulations (ie Classical molecular dynamics or Ab initio Molecular Dynamics) currently represent powerful tools for different applications in material sciences, like catalysis or depollution purposes. They have recently been successfully applied in the flotation area, with an increasing number of publications dealing with this topic every year. These tools provide crucial information on bulk and surface properties as well as on the adsorption mechanisms of reagents on mineral surfaces, key step in the flotation process, and synergetic effect of collector mixtures. A better understanding of the adsorption mechanisms of flotation reagents, provided by molecular simulations, will help to finely choose flotation reagents, and even lead to the development of new reagents formulations. Overall, these tools enable the discovery of practical and industrial solutions to improve the flotation process, which will undoubtedly help the mining industry to face its future challenges.

Nov 8, 2021

By N J. Potter, N W. Brand, J M. F Clout

The increasing demand for iron ore with low concentrations of trace elements, puts increasing pressure on iron ore producers for high-quality material. Understanding the mineralogy, petrography, chemistry, and mineral association of iron ore deposits is becoming increasingly important to provide iron ore products that meet the ever-increasing standards of steel mills. Limited attention has been paid to documenting new orebodies beyond bulk RC drill chip assays and product specification data. Therefore, limited information is known about the spatial distribution of minor and trace elements at the hand specimen scale, and elemental deportment within different ore and gangue minerals. In this study, samples from high-grade microplaty hematite, supergene-enriched martite-goethite and hematite iron ores are examined for their elemental and mineral associations. These samples contain distinctive minor and trace element distributions, with the mapping of deleterious elements (eg Zn, As, Cu) enabling the deportment and abundance within the ore and gangue minerals to be assessed. Results from this study show a diverse range of minor and trace mineralogy that are present in typical iron ore samples, in abundances below the detection limit of routine XRD scans, that host the deleterious elements, including but not limited to, sphalerite (Zn and S), chalcopyrite (Cu and S), xenotime (P and Y), apatite (P and Ca), cryptomelane (K and Mn), barite (Ba and S), alkaline feldspar (K, Al and Si) zircon (Zr and Si) and chromite (Cr and Al). The presence of these minerals and associated deleterious elements, even at low concentrations, has implications for producers, with the ongoing restrictions and tightening of environmental constraints in shipped iron ore products. By understanding the distribution and location of these elements within the iron ore, steps can be considered to maintain increasingly higher quality iron ore supply around the world.

Nov 8, 2021

By P Velletri, N Gaylard

The management of wear surfaces in mining operations has remained largely unchanged since the inception of mining. Sacrificial wear liners are installed on the inside of chutes, hoppers and other equipment used to transfer bulk ore to protect the asset from abrasive wear caused by the flow of material. These liners are generally replaced at fixed intervals which may be determined based on historical wear rates or may be driven by other maintenance requirements for that asset. This approach does not always yield satisfactory results, especially for critical assets where the impact of downtime on production can be substantial. For such assets, a condition-based maintenance strategy has the potential to significantly increase productivity and reduce the total cost of ownership associated with the asset. However, for such a strategy to be successful, timely information on the actual condition (remaining thickness) of the wear liners is essential. This paper describes the development and implementation of a wear monitoring system that can be used to remotely and continuously report on remaining liner material thickness in real time. It details some of the challenges that were overcome when developing the system, including the design of a patented thickness measuring system that can be used in a variety of liner materials and is tolerant to the presence of ore on the wear surface. The paper also explains how a cloud-based approach enables data from the wear sensors to be integrated into external systems such as a data historian, which has been demonstrated through a collaborative project with one of the largest iron ore producers in the Pilbara. This ability to combine real time liner thickness information with other data sources, such as throughput, provides the foundation for the transition to a condition-based maintenance strategy.

Nov 8, 2021

By T Takayama, M Matsumura, Y Konno

The steel industry accounts for 14 per cent of domestic CO2 emission in Japan, and iron ore sintering process occupies approximately three per cent. While Fe content in iron ore is gradually decreasing. So, the amount of concentrated iron ore will increase in the future. We have focused on magnetite concentrate as sinter materials, because magnetite can be easily magnetically beneficiated. However, it is experienced that blending magnetite ore resulted in increasing Fe2+ component in the iron ore sinter, which results in lower reducibility. Therefore, promoting the oxidation reaction from magnetite to hematite in the sintering process is countermeasure for reducibility. In addition, this promotion causes increase of oxidation heat, which results in high sinter strength and reduction of coke. It is assumed that the oxidation of magnetite tends to proceed in the cooling stage, where the oxygen partial pressure increases after the combustion of fine coke, but there are few studies on the effect of heat profile, especially cooling path. The purpose of this study is to design the effective sintering heat profile to promote oxidation of magnetite ore, especially, to investigate the effect of cooling path on sintered ore microstructure. In this study, magnetite ore and magnetite reagent were respectively mixed with calcium carbonate reagent. Then the mixed samples were pressed and formed into cylindrical tablets for simulating the adhesive layer of a pseudo particle. Through examining influence of maximum temperature and cooking rate on oxidation reaction of magnetite, we confirmed that the oxidation reaction of magnetite is suppressed at above 1350°C for maximum temperature, compared to 1300°C. Sintering at lower temperature is desirable because hematite is stable below 1350°C in the Fe2O3-CaO phase diagram.

Nov 8, 2021

By S Mitra, D O’Dea, N Barrett, T Honeyands, P Zulli

The steel industry continues to explore and demonstrate technologies that decrease its greenhouse gas emissions, especially in blast furnace ironmaking where alternate operating conditions will be required. As the furnace has been optimised over many years, it is approaching the minimum fuel rate possible with coke and Pulverised Coal Injection (PCI). Alternative operating conditions are therefore required to further decrease greenhouse gas emissions. Because of this, hydrogen has been proposed as a reducing agent in the blast furnace. Injection of hydrogen through the tuyeres was assessed using a comprehensive 2D blast furnace global model. The model was calibrated to a blast furnace operating with PCI as a base case and various approaches to hydrogen injection assessed, with a particular focus on displacing PCI. The maximum hydrogen injection rate of 19.5 kg H2 per tonne of hot metal was predicted, limited by decreases in the raceway adiabatic flame temperature and top gas temperature. Internal blast furnace conditions, such as gas composition and reduction degree were also predicted. Holistic analysis was performed to estimate the effectiveness of hydrogen injection on reduction of greenhouse gas emissions. Based on these results, the changes in blast furnace operation and emissions under hydrogen injection are discussed.

Nov 8, 2021

By J Plinke

The imperative to operate sustainably requires all equipment and processes to operate at their maximum possible efficiency. Achieving this ideal state requires a thorough understanding, not only of the process itself, but also of the tools available to design and assess potential improvements. This paper presents a case where the widely employed Discrete Element Method (DEM) toolset proved insufficient to model problematic material flow during the process of optimising wet screening performance. A Smoothed Particle Hydrodynamics (SPH) model was found to more accurately replicate the flow characteristics of the physical system. Site observations identified biased loading of the screen decks to cause inefficiencies in the wet screening of an iron ore processing circuit. Two numerical modelling approaches were pursued with the aim to select the most suitable one and continue the optimisation process based on that selected model. Selection criteria were established, based on the minimum requirements of being able to replicate the problem, including the main flow dynamics deemed to cause the issue. The DEM model was found to over-simplify the slurry flow dynamics within the scrubber and no laterally biased flow was introduced by the scrubber’s rotation to the otherwise symmetric system. Since DEM was not able to accurately replicate the existing problem, it was deemed an unsuitable method to assess the effect of any changes to the system. The second approach consisted of a SPH model. This model was deemed to map the flow within the scrubber with sufficient accuracy to address the problem, as it produced biased screen loading comparable to that reported from site. Changes to the wet chute, delivering material from the scrubber to the screen, aimed to neutralise the non-centrality introduced via the scrubber, were then successfully designed and assessed using the SPH model.

Nov 8, 2021

By S Hapugoda, A Edenton, L Lu

The blast furnace cohesive zone has a profound impact on hot metal productivity and quality, fuel consumption, operational stability and the lining life of the blast furnace. The high temperature properties of ferrous burden materials determine the configuration and location of the cohesive zone and have therefore attracted particular attention. While numerous standard testing methods are in use to assess the quality of ferrous burden materials for the blast furnace, these simple tests are generally conducted under fixed conditions, which often represent the extreme situations encountered by the burden materials in the blast furnace. Furthermore, none of these simple tests provides information on the high temperature properties of the burden materials, such as their softening and melting properties. CSIRO is equipped with a fully computerised testing facility to characterise the high temperature properties of ferrous burden materials under realistic conditions similar to those encountered in the blast furnace. This paper will first review the CSIRO softening and melting test method and then discuss the softening and melting properties of a variety of blast furnace burden materials, including sinter, pellets and lump ore, and their implications for blast furnace operation.

Nov 8, 2021

By C Garrido, J Barrera, H Alvarez, L Perez, S Ramirez

In recent years, there has had a greater recurrence of studies and projects that consider tailings filtration followed by dry stacking to reduce the consumption of fresh water, the space required for disposal, and, eventually, to reduce the costs of the project. In addition, this technique could be required to meet new environmental restrictions to extend the life-of-mine of existing plants or to enable the development of new projects, especially in areas of high social interest. This article is intended to describe the most relevant technical aspects of the design and implementation of an iron ore tailings filtering system and its final overland disposal as well as physical and metallurgical surveys, and laboratory and pilot testing. Furthermore, it is presented how these activities are inserted in the project development to rationalise the resources. The case under study considers an iron mineral wet magnetic concentration processing plant. The outcome tailings are dewatered by means of thickeners, where the overflow water is recycled back to the plant. The underflow slurry is pumped into intermediate storage tanks before proceeding with further dewatering and final disposal. The project consists of a tailings filtration plant, belt conveying systems, a temporary stockpiling system, trucking loading and transportation system, moisture-conditioning facilities (spreading and airing), and final disposal facilities (compacting). Due to the stickiness of the filtered tailings that governs the belt conveying system design, the operating moisture range must be established. Besides, proper technical aspects such as planning, executing, and analysing both the laboratory and the pilot testing data to validate process design parameters; selecting filters; defining spare filtering capacity; handling the out-of-range filtrated moisture; sizing the belt conveying system; configuring the equipment involved, must be considered.

Nov 8, 2021

By M Lak, R Amiri, A Haratian, M Asghari, S Haji

Dry magnet separators are used to upgrade and beneficiate a wide variety of minerals such as hematite and magnetite materials. In recent years advances in dry magnetic separators have improved their performance. Fine particle separation is one of the main areas which still remain weak. This paper will present a new design of fine particle drum separators which used for particle size less than 3 mm. A big problem in processing of iron ore is the grade and recovery of mineral values in the fines fraction. The new design high efficiency drum separator is developed to handle fine feeds. In this drum separators both of the drum shell and magnetic yoke rotate in opposite direction. the results showed that when the material feed size was = 1298 μm, drum shell speed was 42.5 rev/min, magnetic yoke speed was 100 rev/min and the maximum intensity of magnetic field was at = 30° the feed grade increased from 50.87 to 65.67 in concentrate box, increase to 60.45 in middle box and tail grade was 24.44. The total achieved recovery for both concentrate and middle box was 81.89 per cent.

Nov 8, 2021

By T Higuchi, K Fukada, K Takehara, Y Iwami, S Fujiwara

Following the Paris Agreement adopted in 2015 and the SDGs, reduction of CO2 emissions has been taken up as an issue worldwide, and the steel industry, which has a particularly large emission, is required to significantly reduce it. Most of the CO2 generated in the steel industry is generated from the ironmaking process, due to the use of coke and its raw material coal in the ironmaking process. JFE Steel Corporation has been considering the use of hydrocarbon-based gaseous fuels and liquid fuels as a partial alternative to coke breeze used in the sintering process since 2006, immediately after the Kyoto Protocol came into effect in 2005. In a laboratory study, a pot test was used to investigate the effect of the type of fuel, its amount and its injection method on the heat pattern in sinter bed. As a result, the authors developed a technology, in which a predetermined amount of gas fuel or liquid fuel was injected from the surface of sintering bed to extend the holding time of 1200°C or higher at which liquid phase sintering occurs in the layer, to improve the sinter strength while reducing the amount of coke breeze. The authors succeeded in putting this technology to practical use using hydrocarbon-based gas fuel in 2009 and achieved a maximum annual reduction of 60 000 tons of CO2 per sintering machine. In this report, the authors introduce the results of laboratory studies on the use of various energy sources, the practical application of the technology for injecting hydrocarbon-based gaseous fuel into the sintering machine, and the operational results.

Nov 8, 2021

By I R. Souza

At the mining industry, there are several uncertainties that may affect the mobile mining equipment fleet sizing and usage, such as commodity supply and demand, which impacts the mineral price, environmental licenses to allow operations and strategic decisions made by the own mining company. Due to that, it may happen to acquire a mobile mining equipment for a specific site and before it finishes the entire forecasted life cycle, the machine gets idle on that operation and a decision must be made regarding this matter. On large mining companies with several sites, equipment transfer provides a good solution to solve this issue and at the same time it provides operational flexibility and allows to use the equipment until the initially planned working hours. This article presents a method to compare technically and financially whether it’s more feasible to transfer a used equipment or to buy a new one. In other words, we will compare a brand-new machine versus a used one in terms of safety, net present value (NPV) considering both capital expenditures (CAPEX) and operational expenditures (OPEX), technological obsolescence, risks, equipment maintenance reliability and lead times. Although it’s not the main purpose of the paper, it will also be briefly discussed the importance of having a considerable amount of backup equipment to handle low likelihood and high consequence risks that may materialise. This backup equipment portfolio is particularly important to avoid loss of sales and profits in case the production plan changes and it demands further equipment than initially planned to cope with the forecasted production.

Nov 8, 2021