About Molycop
Molycop is the largest and most experienced manufacturer and supplier of grinding media to mining operations worldwide. Molycop is striving for greater sustainability through superior resource efficiency and defining a new standard of environmental performance.
How we helped
Since 2006, the Northmore Gordon Newcastle team has helped Molycop achieve annual energy cost savings and maximise their return on investment in energy projects through:
- Energy management strategy
- Energy audits
- Project development support
- Grants and funding options
- Energy and carbon reporting
- Energy and carbon certificates
The Challenge
Molycop is the largest and most experienced manufacturer and supplier of grinding media to mining operations worldwide. Whilst energy has always been important, and compliance with regulation critical, the Waratah site has since expanded its focus to form a long-term goal of decarbonisation through an end-toend energy strategy.
With over 20 years of experience and extensive knowledge in the steel sector, Northmore Gordon was selected to help Molycop develop their comprehensive portfolio of energy projects. Northmore Gordon consultants worked closely with the client’s energy and operations teams to investigate their processes and identify opportunities for improving efficiency. More recently, Northmore Gordon’s Energy and Carbon experts have been assisting Molycop to plan towards a low carbon emissions steel-making process.
The Process
Northmore Gordon adopted a systematic approach to identifying and prioritising energy and carbon management opportunities. This included investigating capital projects, low cost process improvements, government funding and revenue from energy and carbon certificates.
Our Energy and Carbon Consultants helped Molycop access over one million dollars worth of revenue through the NSW government’s Energy Saving Scheme and capital grants. Northmore Gordon also assisted Molycop in their purchasing of renewable energy through a corporate Power Purchase Agreement.
Some projects that have been implemented include:
- Installing Variable Speed Drives on large fans and pumps, including high voltage motors
- Modifying controls on fume extraction and cooling systems
- Improving yield
- Improving furnace controls
- Reducing pilot flame gas consumption
- Upgrade bag house
- Improving furnace heat recovery system
- Installing heat recovery on ladle preheating equipment
- Cooling tower upgrades
Outcome
Through Northmore Gordon’s multi-disciplinary approach, Molycop’s energy savingsElectricity or gas savings or both. has grown to over $1.5M per annum. The consequential reduction in Greenhouse gas emissions has resulted in 15K tonnes of corresponding carbon emissions abatement each year. This has resulted in over $12M in energy costs and certificate revenue over the course of the project.
Do you need help developing a decarbonisation strategy? Contact: c.morgan@northmoregordon.com
