METS Ignited Collaborative Project Funds
Magotteaux will be part of the METS Ignited Collaborative Project Funds to launch a collaborative industry project about the commercialisation of pulp chemistry monitor for the mining industry.
Seven mining supply businesses have been appointed recipients of A$4.1 million ($2.9 million) in innovation funding under the METS Ignited Collaborative Project Funds to launch eight collaborative industry projects delivering highly-advanced solutions to a variety of mining challenges and contribute to the growth and capability of the METS sector.
This funding is part of a four-year, A$15.6 million commitment made by the Australian Government to incentivise collaboration and address METS sector priorities.
Magotteaux's project is linked to the Commercialisation of pulp chemistry monitor for the mining industry
- Recipient: Magotteaux
- Partners: Hydrix, Manta Controls, Newcrest Mining
- Collaborative Project Funds: A$250,000
- Industry investment: A$310,000
- This project involves developing a device to give more detailed information on the chemistry inside the grinding mill while it is operating. Grinding and flotation circuits use many chemical inputs in order to extract minerals from the ore. Getting the chemical balance right in the mill and the next stage of floatation is critical to removing as much of the valuable mineral as possible. The percentages of the yield vary between 85% and 95% and a 1% improvement in yield will deliver a very large financial benefit to the mine.