MaxMine seeks to improve mining operations with the Snowflake Data Cloud
MaxMine, a technology solution for opencast mines sites, has chosen Snowflake, the Data Cloud company, to help mine sites become more efficient, safer, and environmentally sustainable as customers race to achieve net zero by 2050.
Under the collaboration, Snowflake’s single, integrated platform will manage more than 25 Terabytes of MaxMine’s operational data from its mining clients. This will provide high-quality data and near real-time analysis to help mining supervisors and operators, including those in remote locations, improve equipment lifespan, optimise their operations, make informed decisions faster, and deliver operational changes in their sites.
By leveraging the Snowflake Data Cloud, MaxMine continues to build out its core product analytics capability, creating large critical data sets in running complex and large-scale queries on regular schedules. The Snowflake Data Cloud will equip the company’s customer-facing business intelligence and product development teams to decouple their workloads, so that value for their customers is maximised.
As the world heads towards 2050 net zero goals, the mining industry is under pressure to increase production. To help build cleaner energy solutions such as solar, wind, and water, the mining industry will need to mine six times more metals than today, according to the International Energy Agency. At the same time, the industry faces new sustainability requirements.
Tom Cawley, Executive Chair and Interim CEO at MaxMine, stated that the average opencast mine can reduce Scope 1 emissions by up to 10 –15%, through leveraging data.
“MaxMine employs data, enabling the average opencast mine to improve productivity whilst also reducing its carbon footprint by around 15 – 20 000 t of CO2. At the same time, MaxMine’s safety solutions use data to determine incident causes and opportunities so that truck operator behaviour is improved. Huge amounts of data are vital to our mission to get ‘Mining Done Different’, so we needed a partner of Snowflake’s calibre. With Snowflake, we are able to derive greater value and deliver tangible benefits to our customers, supporting them and accelerating their decarbonisation journey.”
Ben Chartier, Head of Product Development at MaxMine, added that Snowflake was chosen after an extensive and in-depth review of modern cloud data technologies had balanced up the technical and business needs for the MaxMine product.
“We were impressed with Snowflake's approach to decoupling storage from the underlying data technology. With Snowflake, we were able to get a technical proof of concept up and running in a week, and so were able to demonstrate a meaningful capability uplift with a short time to value.
“Working with the Snowflake team is just as good as the Snowflake technology. The technical and account teams are always available and willing to lend a hand to help us overcome specific problems as they arise.”
“Data plays an ever increasing and pivotal role in delivering a sustainable future. Snowflake looks forward to its continued collaboration with MaxMine. It will use data as the driving force, leveraging advanced analytics, machine learning, and artificial intelligence, as well as enabling more mining operators globally to improve efficiency and achieve their net zero goals. All businesses can take concrete action against climate change, and we’re proud to see the Snowflake Data Cloud play a key role,” commented Theo Hourmouzis, Regional Vice President at Snowflake Australia and New Zealand.
Source: https://www.globalminingreview.com/mining/17102023/maxmine-seeks-to-improve-mining-operations-with-the-snowflake-data-cloud
