Creative ideas for repurposing

Mining Legacy Assets

The mining sector faces the major challenge of managing large and complex legacy assets. Declining ore grades, increasing waste rock production and the need for sustainable practices require innovative approaches to unlocking new opportunities for a sustainable future.

We help organisations in the sector to repurpose their assets through our proven entrepreneurial methodologies. Unlock capital for the future and achieve outcomes beyond what might have been achieved independently.

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Our Services

We’re not your average consultants, innovation experts, or startup accelerators. We’re about finding the big ideas, rapidly validating them, and bypassing bureaucracy to achieve real results.

We know how to uncover the potential of your existing assets with the skillset to pull it off.

Launch

Our proven Launch methodology quickly uncovers, validates, and launches ideas to solve challenges worth solving. We target challenges or opportunities that can leverage technological advancements and that require minimal capital, or are low risk to test in market.

Throughout the process, there are many touch-points and structured On and Off Ramps. These are designed to let us run faster when conviction is high, but also to pivot and realign direction if that’s the right thing to do.

Fuel
Ignite
Test Flight
Venture Design
Venture Establishment

Revive

We take the pain out of complex, capital-intensive challenges with smart solutions.

We find smart solutions to repurpose complex, capital-intensive assets at their end-of-life. Our Revive methodology uncovers and validates multiple unique repurposing opportunities. We evaluate and increase success potential before undertaking feasibility assessment studies.

We’ll leave no stone unturned in finding the unseen opportunity that will deliver commercial, social, and environmental benefits.

This methodology can also be applied to other complex challenges you think are unsolvable.

Discover
Scoping
Refine
Entrepreneurial Pre-Feasibility
Entrepreneurial Feasibility

Advisory

Our Advisory service enables our clients to refine how we work together and explore powerful partnerships that unlock new revenue.

We’ll facilitate bespoke scoping and ideation workshops that create laser-focused outcomes, energising internal teams and helping them find the future.

Workshops
Collaborative Exploration
Entrepreneurial Storytelling

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Who we work with

We collaborate with Mining companies to tackle the substantial challenges of addressing asset rehabilitation through commercially and ethically sustainable repurposing idea validation and realisation.

Leaders who want to investigate the potential of an opportunity but aren’t sure where to start

Businesses with intractable problems that are holding them back from meeting strategic objectives

Leaders who want to unlock internal innovation practices and unburden personnel within their organisations

What our clients have to say

“With limited scope and limited time 11point2 were able to present high quality work, representing diverse and in-depth thinking that resonated with our business. The way 11point2 collaborated with our team by guiding us through their innovative ideation process brought renewed inspiration to our project and created an outcome that had far greater benefits than what would have been achieved in isolation.”

Terry Tsapaliaris

Sarah Constructions General Manager

“11point2 have surpassed our expectations by introducing new thinking and an entrepreneurial approach to our traditional oil and gas assets. We are now jointly exploring exciting opportunities that recognise the value in our ageing assets, creating new real value, and allowing us to unlock Balance Sheet liabilities.”

Peter Charlesworth

Codan Limited Executive General Manager

Our Approach

We uncover 10x the ideas and move up to 5x faster in our process for your most challenging problems

We bring unique ideas to life to help clients:

Decommission or repurpose complex assets

Generate new business opportunities

Leverage technological advancements

Accelerate the energy transition and decarbonisation

What we don't do

Long time-frame R&D activities

Production or internal process optimisation

Traditional engineering services

Waste your time or ours

Start the conversation

Case study

Reimagining energy assets: facilitating sustainable strategies.

Our client faces significant liabilities with ageing onshore assets across Australia. Their challenge was minimising the liability while seeking opportunities to repurpose the assets to enhance value and sustainability.

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Case study

Uncovering solutions to core persistent challenges

One of the leading independent oil and gas producers in the Asia-Pacific region came to us for help finding solutions to eight persistent challenges they had identified in their Upstream business unit.

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Case study

Winds of change: A portfolio of ideas to harness the power of renewables.

Having worked with us on a successful project previously, our client sought our expertise to explore innovative solutions for repurposing or extending the life of an offshore platform in Australian waters, which was nearing the end of its operational life. Decommissioning the platform was increasingly complicated due to its unique and remote location.

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Case study

Turning a decommissioning liability into a green revenue stream

With a diverse and complex decommissioning pipeline, including large assets in various stages of their lifetime, our Client sought our expertise for ideation and rapid validation of options.
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As a Proof of Value engagement, we assessed one of their offshore assets, aiming to uncover repurposing opportunities that could be meaningfully pursued. Through wide ideation, rapid validation and ruthlessly looking for a better option, we found a winning idea, a large commercial seaweed farm.

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Entrepreneurial expertise backed by science

Diversity increases creativity and supports innovation¹

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Knowing when to pause, pivot or persevere is the key to success

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We understand that failure is just a step and this doesn’t defeat us

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Performance ‘hot streaks’ almost always follow exploration and exploitation 

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Why it works

Scalable solutions that drive impact

We are fearless in uncovering meaningful ideas that create optionality and lead to transformative impact.

Harness the entrepreneurial spirit

Our specialists live and breathe the entrepreneur/founder mindset — we thrive in startup acceleration and helping large organisations pivot towards positive change.

We’re committed to working optimally with you to tackle complex challenges; externally enough to enhance creativity and accelerate outcomes, and close enough to make the most of your internal expertise.

Trusted experts who care about the world

At 11point2, we believe it’s all of our responsibility to protect people, the planet, and freedom.

We collaborate with leading organisations across the Energy and Resources sector who want to create a better future, uncover possibilities, bring ideas to life, and accelerate worthwhile change.

This ethos is rooted in everything we do, and that extends to the clients we work with.

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Mining Legacy Assets

Our Services

Who we work with

We collaborate with Mining companies to tackle the substantial challenges of addressing asset rehabilitation through commercially and ethically sustainable repurposing idea validation and realisation.

What our clients have to say

Our Approach

We uncover 10x the ideas and move up to 5x faster in our process for your most challenging problems

Case study

Reimagining energy assets: facilitating sustainable strategies.

Case study

Uncovering solutions to core persistent challenges

Case study

Winds of change: A portfolio of ideas to harness the power of renewables.

Case study

Turning a decommissioning liability into a green revenue stream

Entrepreneurial expertise backed by science

Why it works

OUR CAPABILITIES

Contact

Make the shift to action