Vale SA said Jan. 10 that it will be developing and monitoring artificial intelligence initiatives across its units through its newly launched artificial intelligence center in Brazil.
The unit is located at the Brazilian miner's Tubarão unit, which comprises of eight pelletizing plants, the operational center of its Vitória Minas railroad and four port terminals. About 50 staff are deployed at the center, including data scientists and engineers.
Projects delivered in the center have saved the company more than US$20 million, and it expects another US$37 million in benefits from upcoming initiatives. For its iron ore business, Vale expects cost reduction by 50 cents per tonne until 2023 through its digital transformation program.
Benefits that are reaped by the miner include the improvement of asset maintenance, process enhancements at its pelletizing and ore processing plants, as well as augmenting its environmental, health and safety, and compliance controls.
According to Vale, some projects being developed in the center include rail fracture prevention, train wheelset maintenance, mine asset maintenance, fuel consumption reduction, optimization of its pelletizing process, and data analysis to avoid safety incidents.