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June 22, 2015

BHP Billiton’s Svedala mill at Olympic Dam mine in South Australia restarts operations

BHP Billiton has announced the restarting of the company's Svedala mill, which is part of its Olympic Dam surface mine processing operations in South Australia.

BHP Billiton has announced the restarting of the company’s Svedala mill, which is part of its Olympic Dam surface mine processing operations in South Australia.

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As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
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The mill experienced an electrical failure in January and was put under maintenance, when a complete diagnostic review was carried out.

It was revealed that the failure damaged the motor stator coil.

"BHP plans to increase operations, with full production at Olympic Dam expected by the end of July."

Following completion of all commissioning checks and implementation of a repair and remediation plan, the company restarted operations at the mill.

Over the coming weeks, BHP plans to increase operations, with full production at Olympic Dam expected by the end of July.

As estimated by the company, there would be a reduction in copper production of between 60kt and 70kt, with the majority of the impact expected during this financial year.

Olympic Dam asset president Jacqui McGill said: "This week we reached the final milestone in the repair project and it is with sincere gratitude that I offer my thanks to the team and each and every employee at Olympic Dam who continue to contribute to our success."

BHP’s Svedala mill is claimed to be the largest of three mills onsite.

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Free Report
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Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

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