Active Minerals International (AMI) and Australia’s OSD have entered into a binding agreement that provides a step change in transportation costs to the mining industry via hydro transportation (slurry) of lump coal and magnetite via pipeline.
|Image Courtesy of OSD Limited/ New Century Resources|
OSD and AMI have come together to provide this innovative hydro transport solution which has the potential to significantly reduce OPEX, CAPEX and environmental impact when compared to traditional transportation solutions. This cooperation lays the framework for jointly sharing intellectual property, pairing OSD’s pipeline engineering and operations expertise with AMI’s innovative low dose additive Acti-Gel® 208, to bring next-generation solutions to mining clients.
This agreement covers Australia, New Zealand and Papua New Guinea.
“To maintain a competitive edge, the mining industry is continually looking for innovative ways to transport product safer, cheaper and with a reduced environmental footprint. OSD and AMI have a solution, and it’s exciting to provide this innovation to our clients,” commented Brian O’Sullivan, OSD’s Chairman.
According to Dennis Parker, AMI President, through this innovative work, Australia has the ability to provide a world-leading new way of mine product transportation that will set a new benchmark
The two companies will first employ their expertise to develop opportunities to design, build and support the operation of magnetite and coal hydro transport slurry pipelines.