Environmental, Social and Governance (ESG) targets have meant that many miners have committed to carbon reductions ranging from between 25% to 50% within the next 6 – 11 years. For many companies, the most logical path is to start electrifying diesel equipment.

Currently the process of acquiring new assets is hampered by supply and demand issues. Lead times are long, and the trial periods are uncovering unexpected issues due to differences between traditional and new energy solutions.

Many miners are also considering retrofitting equipment to replace diesel as an accelerated approach to decarbonising their legacy assets.

This is an industry problem and different mining companies are using a variety of different approaches based on traditional methods. Typically, these methods using diesel asset acquisition processes, which have been developed by each miner independently. Trial periods are typically around 12 months.

These methods are not creating the results in a timely manner and putting immense pressure on participants to achieving their ESG targets. The purpose of this opportunity is to uncover faster methods to speed up asset acquisition and equipment trails to meet current emission targets.

An opportunity to be selected and partner with the Creator of the Opportunity to rapidly build:

• Confirmation of the capability of your selected vehicle.
• Emission savings comparison data.
• Charging requirements for the vehicle and locations for charging equipment.
• Test data for actual Vehicle Trials.
• A reusable template for trialling different configurations.

At this stage the goal is based on individual miners demands and as such there is no collaborative objectives or requirements in this challenge.

Submission Period

Suppliers are invited to submit their short-form solution to the opportunity and 15 minute pitch presentation video by the Solution Submission Deadline for evaluation by Austmine and the organiser. 

A shortlisting process takes place and successful suppliers are invited to participate in Phase 2. 

Phase 2

Shortlisted suppliers will be invited to a technical briefing, where each supplier will be able to gain more information about the opportunity. This allows suppliers to refine their proposed solution.

Following the technical briefing, suppliers will pitch their solution directly to the organiser online via Teams breakout rooms. This provides the opportunity to ‘sell’ the solution, gain feedback from operational teams and field questions about the solution.

Phase 3

Following the Pitch Session, a final shortlisting of supplier(s) takes place. The remaining supplier(s) are invited to a meeting with the organisers to answer final questions and to then submit a formal technical and economic proposal to solve the opportunity.

Winner Announced

The organisers will select the best fit solution(s) for the opportunity and the supplier will work directly with them to trial the technology and implement the solution.

Solution Submission Deadline
26 April 2024

Phase 2 Shortlisting Announced
Week commencing 23 May 2024

Technical Briefing
Week commencing 27 May 2024

Virtual Pitch Sessions
Week commencing 3 June 2024

Phase 3 Shortlisting Announced
Week commencing 10 June 2024