EPC & EPCM
development of
engineering design
software tools to cater for
these demands have been
evident in the building
industry’s adoption, and
subsequent improvement
in efficiencies, and is
slowly but surely spreading
to the mining industry.”
Enhanced visualisation
tools and virtual reality
safety training are two such
technologies the company
is using as part of this
mining project push.
Development demand
So, where are these new innovative approaches
likely to be applied in the future?
As earlier parts of the article hinted, copper
and South America (Chile and Peru, in particular),
are two areas where demand is ramping up.
These two countries are the biggest global
producers of the red metal and are not expected
to relinquish those places in the near-future.
Then there are a number of projects in the
Australia iron ore space – BHP’s South Flank, Rio
Tinto’s Koodaideri and Fortescue Metals Group’s
Eliwana being three of the bigger ones – moving
into development.
to WSP. The greatest increase for
services in Australia is with “tech-
based commodities, such as
lithium”, the company added.
Ausenco’s Douglas gave a shout
out to gold when asked where the
greatest demand for its services
was coming from.
“Gold will always progress as
this is a different metal that
behaves unlike traditional
commodities,” he said.
This is also the case in Africa,
according to Visser, who
mentioned the yellow metal,
copper, battery metals and potash
as standouts in terms of demand
Fluor is currently working on Anglo American’s
Quellaveco copper project in Peru
WSP said: “Investment decisions in iron ore in
Australia (for three major examples, at least) are
being made based on replacing product as older
mines approach end of life. The appetite to
spend is buoyed by the need to maintain market
share.”
Bechtel noted continued demand for its
services from the bauxite sector in north
Queensland, while there has been returning
demand for Australia coal and copper, according
segments.
While regional differences in demand remain,
there is consensus on the direction of future
projects.
Wood’s Lawson said: “Leveraging best
practices and expertise from other sectors like
manufacturing and oil & gas, we are focused on
finding new and better ways to optimise
productivity, sustainability and predictability with
digital and automation and controls solutions.”
These technologies, in tandem with integrated
offerings and the proliferation of risk sharing
models, may act as ways to avoid the project
execution mistakes of the past. IM
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