New JV launched in W. Australia to provide remote optimization consulting service for global industry
A new Australian joint venture named Orway IQ Pty Ltd has been formed between Orway Mineral Consultants (W.A) Pty Ltd and Process IQ Pty Ltd to deliver an online modelling and consulting service for the global mining industry. MillROC (milling remote optimization consulting) will assist mining companies to operate their milling circuits more efficiently, maximizing throughput.
The MillROC service uses real-time data in online process models and communicates findings to the client. The product is a cloud-based reporting of all plant data related to circuit performance and optimization, and the data is available anytime, anywhere. Orway IQ consultants review circuits from around the world daily from its operations centre in Perth.
Process IQ was among the eight companies nationally to share in A$15.6 million of funding to support collaboration and innovation, and address METS (mining equipment, technology and service) sector priorities, as announced on March 1, 2019.
Orway IQ has also been chosen to participate in the RISE Accelerator program supported by the WA government’s department of jobs, tourism, science and innovation, the Queensland government, NERA and METS Ignited – which is run by KPMG. The program has been developed to spearhead innovation into industry and equip METS companies with the skills, capabilities and to support to develop their innovation and grow their businesses.