Case Study: Nickel Mining Company achieves optimized production planning and cost savings with River Logic

Nickel Mining Company - Customer Case Study

The customer, a top three nickel mining company, faced a challenge in its integrated mining and refining operations. Its production planning tools were separate, disconnected spreadsheet systems for different time horizons that lacked integration between physical operations and financial cash flows. To solve this, the company engaged vendor River Logic.

River Logic's solution involved creating a six-week minimum viable product (MVP), which resulted in a fully working model of one plant with operational and financial data. By running multiple scenarios to optimize for various objectives like notional cash flow and revenue, the implementation delivered significant impacts. These results included a 3% increase in notional cash flow, an optimized assessment of foreign exchange effects on revenue, and a 6% cost reduction through the standardization of concentrator flow.