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Molycop Strives for Greater Sustainability

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:

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:

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

A global leader in grinding media, mining chemicals, and rail consumables, supporting the mining and resources sector with innovative, sustainable solutions.

Industry

Manufacturing

Location

Australia

Angela Clarke

Principal Engineer

Contact Angela ›

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Get in touch

Australia

1300 854 561 (Advisory)

1300 878 500 (Certificates)

Melbourne

Suite 1, Level 4

607 Bourke Street

Melbourne

VIC 3000

Singapore

+65 6690 2480



Singapore

1 Keong Saik Road,

Singapore 089109

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What does Molycop do?

Molycop is the largest and most experienced manufacturer and supplier of grinding media to mining operations worldwide. It is described as a global leader in grinding media, mining chemicals, and rail consumables, supporting the mining and resources sector with innovative, sustainable solutions.

What sustainability goal is Molycop pursuing?

Molycop is striving for greater sustainability through superior resource efficiency and defining a new standard of environmental performance, with its Waratah site pursuing a long-term goal of decarbonisation through an end-to-end energy strategy.

How long has Northmore Gordon worked with Molycop, and what services have they provided?

The Northmore Gordon Newcastle team has helped Molycop since 2006 achieve annual energy cost savings and maximise return on investment in energy projects through energy management strategy, energy audits, project development support, grants and funding options, energy and carbon reporting, and energy and carbon certificates.

Why was Northmore Gordon selected to help Molycop?

Northmore Gordon was selected due to its over 20 years of experience and extensive knowledge in the steel sector, helping Molycop develop a comprehensive portfolio of energy projects, with consultants working closely with Molycop's energy and operations teams to identify efficiency opportunities.

What approach did Northmore Gordon take in the process of helping Molycop?

Northmore Gordon adopted a systematic approach to identifying and prioritising energy and carbon management opportunities, investigating capital projects, low-cost process improvements, government funding, and revenue from energy and carbon certificates.

How much funding did Northmore Gordon help Molycop access, and through what schemes?

Northmore Gordon's 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, and also assisted Molycop in purchasing renewable energy through a corporate Power Purchase Agreement.

What kinds of energy efficiency projects have been implemented at Molycop?

Projects 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, upgrading the bag house, improving furnace heat recovery systems, installing heat recovery on ladle preheating equipment, and cooling tower upgrades.

What were the outcomes of Northmore Gordon's work with Molycop?

Through Northmore Gordon's multi-disciplinary approach, Molycop's energy savings have grown to over $1.5M per annum, resulting in 15,000 tonnes of corresponding carbon emissions abatement each year, and over $12M in energy costs and certificate revenue over the course of the project.

Who is the key contact for Molycop's decarbonisation strategy work, and how can they be reached?

Angela Clarke, Principal Engineer, is listed as the contact associated with the Molycop case study; those needing help developing a decarbonisation strategy are directed to contact c.morgan@northmoregordon.com.

In what industry and location does Molycop operate according to the case study?

According to the case study, Molycop operates in the Manufacturing industry and is located in Australia.

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