Maximize Asset Value Through Risk-Based Asset Management: Sharing an Approach for Building an Effective Asset Management Plan
(Room 315)
06 May 19
10:00 AM
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10:30 AM
Tracks:
Computer Applications
To realize the Smelter 4.0 vision, an organization must first shift its mentality from viewing assets as consumable to embracing the notion that assets are maintainable. By strategically maintaining assets like blast furnaces, operators can reduce total cost of ownership, maximize uptime, and extend the campaign lives of their most critical and capital-intensive assets. Deploying sound asset management principles allows firms to make risk-based decisions on how to manage their assets, thereby extracting the most value from them. Using case studies, this presentation shares Hatch’s novel approach to building asset management plans for clients across the mining and metals industries.