Family run Banks Mining have invested a six-figure sum on a new fuel management system to help drive efficiencies across its mining operations.
The firm has commissioned Liquid Management Solutions Ltd to develop and put in place web-based technology which provides real-time data on every aspect of its fuel supply chain across its three active surface coal mines.
The significant investment is being made after a successful two-year trial at the Rusha surface mine in West Lothian, Scotland.
The new system means Banks Mining can more accurately control its fuel usage, as well as helping to secure new operational efficiencies and decrease plant and vehicle emissions.
It will also assist in achieving compliance with the government’s Energy Savings Opportunity Scheme, a new energy assessment scheme for businesses.
Founded in County Durham in 1976, The Banks Group now employs over 420 people in surface mining, renewable energy and property development, with more than 200 of them based at its Shotton and Brenkley Lane surface mines in North East England and a further 50 at the Rusha site.
The two North East sites contribute around £35m to the regional economy every year through wages, investments and the local supply chain, as well as more than £700,000 in annual business rates to Northumberland County Council and Newcastle City Council through the two projects.
Jim Donnelly, divisional director at Banks Mining, says: “As well as fuel being a significant business cost that we always need to manage carefully, our ‘Development With Care’ approach commits us to operating our mining sites to the highest environmental standards.”