Partnership to deliver new asset monitoring technology for the global mining industry

Brisbane, Australia – 2 November 2018:  Mining3, a global leader in mining research and technology, and the Ava Group, (ASX: AVA), a market leader in the provision of risk management services and technologies, are pleased to announce a new partnership to deliver a predictive conveyor monitoring system for the mining industry to be launched in Q1, 2019.

Paul Lever, the CEO of Mining3, said, “Our mandate is to provide solutions to our mining industry members’ identified challenges and fast-track the develop and delivery for the benefit of the global mining industry. This new technology is an example of how Mining3 has effectively delivered on its mandate with it being a major game-changer for the industry. It delivers significant cost savings, productivity gains and safety by reducing the need to physically “walk the belt” to audibly detect faults.”

Mining3 developed the conveyor monitoring system, in collaboration with its members and through funding by the Australian Coal Association Research Program (ACARP), with the capability to effectively pinpoint roller failure in advance from an offsite control centre. The sensing element is a fibre optic cable run along the length of a conveyor structure. Identified acoustic signals from the fibre are transported back to a sophisticated software program, developed by Mining3 over three years, which provides a clear visual representation of the state of all the bearings simultaneously. Maintenance crews can be dispatched against a predetermined maintenance program which eradicates the problem of early or late change out of rollers. In addition, the data collected can be used to optimise maintenance strategies.

While Mining3 researches and develops technology to a specified readiness level, it then works with a commercial partner to finalise the product and effectively deliver it to the global marketplace. The Ava Group was identified as an ideal final-stage technical development and marketing partner due to their expertise in fibre optic interrogator hardware and global networks within and outside the mining industry.

Andrew Hames, Group Head of Extractives and Energy for the Ava Group comments,”We have been working with Mining3 for some time developing the interrogator units which form part of the conveyor monitoring system. When we were provided with an opportunity to take this innovative new technology to market, we were excited by the potential prospects it presented as well as the ability to develop the technology for further applications.”

Mining3 will be working with the Ava Group to rapidly bring the technology to market, with an initial focus on the Australian mining industry. The technology will then be rolled out across international markets towards the second half of 2019.

About the Ava Group

The Ava Group is a market leader in the provision of risk management services and technologies, trusted by some of the most security-conscious commercial, industrial, military and government clients in the world.

The Group features a range of complementary solutions including intrusion detection for perimeters, pipelines and data networks, biometric and card access control as well as the secure international logistics and storage of high-value assets. Through decades of innovation, the Ava Group continues to build upon a comprehensive portfolio of premium services and technologies for the most complex and demanding markets.