How Mathematical Optimization Handles Volatile Manganese Prices

Picture of a manganese mining operation with a superimposed logo showing the fluctuation in prices.

The production of manganese alloys is critical in steel production, batteries, and various industrial applications. For smelting operations that produce manganese alloys, the price and cost of the materials used to create alloys are constantly changing. Prices, availability, and chemical composition fluctuate, creating a challenge to profitability. Generating new recipes can be a challenge. Ensuring … Read more

Mining & Metallurgy

Group of workers in a foundry at the melting furnace - production of steel castings in an industrial company

Mining and Metallurgy Optimization & Decision Intelligence Mining and metallurgy operate under irreversible decisions. What gets extracted, when it is extracted, how it is processed, and how it moves downstream determine the economic ceiling of the entire system. Once material is moved, blended, or processed, that value is fixed. Errors compound. Recovery is limited. Optionality … Read more