Application of Discrete Event Simulation to Iron Ore Handling Optimization
Discrete event simulation is a powerful tool for maximizing throughputs of existing systems and designing new ones. The paper describes how the technology has been applied in iron ore handling in Brazil, Australia and Canada to:
• test the outcomes and benefits of changing operational practices in ore handling, rail and port systems to achieve increases in throughput with minimal capital investment.
• demonstrate the incremental and aggregate benefits of alternatives for system improvements
• assess design alternatives for new terminals to minimize investment