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Wesfarmers Resources Curragh Mine Selects AMT Asset Management Software

Announcement posted by iSolutions International Pty Ltd 14 Apr 2014

Large Australian coal mine to implement iSolutions AMT software to streamline maintenance processes and improve budgeting accuracy

Wesfarmers’ owned Curragh Coal mine, a blue chip coal asset in Queensland’s Bowen Basin, has selected iSolutions AMT Asset Management software as the its core asset management platform. After an extensive review, Curragh selected AMT as their asset management system in order to improve their existing maintenance systems and processes. AMT will be used for Curragh’s long term planning, short term planning and scheduling, as well as work order generation, budgeting, forecasting and asset management reporting.

Chris Goodwin, Curragh’s Manager for Maintenance & Asset Management commented: “Of all the systems we looked at, we felt that AMT was clearly the best tool to assist Curragh in bringing operational and financial improvements to our maintenance group. AMT was the strongest across all areas of our business which is beneficial because it means the maintenance group only has to work out of one system.” 

AMT will be tightly integrated with Oracle eAM purchasing and inventory. AMT will play a primary role in managing the critical assets including all mobile plant, draglines, and fixed plant. Data will be feed back into Oracle eAM in order to maintain a single point of reference for Wesfarmer’s financials and reporting.  

iSolutions’ AMT system focuses on asset management for the mining industry. AMT is currently being used at over 200 sites globally and is widely recognised as the premium asset management tool for mining. The primary benefits of the AMT system when implemented with a sound maintenance process are to improve maintenance decision making, quickly produce an accurate maintenance budget, proactively identify asset performance issues and deliver relevant KPI reporting to help improve operations.

Important asset management concepts such as whole of life costing (life cycle costing) are built into the core of AMT. Life cycle costing helps asset managers understand the future economic impact of their decisions. It allows financial managers to understand maintenance liabilities and avoid cash flow ‘surprises’ and it gives the mine manager a short and long term view of asset availability.

This is a significant sale for iSolutions and we are very pleased to have Curragh as a client.