Process Industries (Chemicals, MMM, Pulp/Paper)
Name
Fuel Optimization and Sustainability: Newmont's $1.5M Diesel Savings and 3% Uptime Improvement
Time
4:00 PM - 4:30 PM (PDT)
Description

Newmont aims to achieve carbon neutrality by 2050, setting targets to reduce Scope 1 and 2 emissions by 32% and Scope 3 emissions by 30% by 2030. To enhance production and address challenges like workforce transition, Newmont's reliability team, partnered with CereBulb, to integrate AVEVA PI System with equipment telematics, fleet management, and ERP systems. This initiative has reduced fuel usage by 1%, improved equipment availability by 3%, and uncovered a 5% opportunity to cut diesel consumption—equivalent to $1.5M annually—while lowering CO₂ emissions.