Richard Schloss

BEng Electrical (Hons), GradDip BA, Six Sigma Greenbelt

Richard is an electrical engineer with over 40 years of asset management experience in the resources industry.

His background covers both open cut and underground operations across Australia, Indonesia, and Africa. Richard’s commodities exposure includes precious, base and speciality metals as well as bulk commodities. He has demonstrated high level competency in maintenance management practices including both work management and reliability management processes that have consistently delivered at or above availability and/or reliability target. He is high experienced with operational readiness, heavy equipment maintenance, developing maintenance improvement programs and cost saving through the use on non-OEM parts.


  • Reliability Management
  • Root Cause Analysis
  • Mobile Equipment Maintenance
  • Operational Readiness
  • Cost Reduction Programs

Track Record

  • Richard was responsible for the purchase of mobile mining equipment and the set up all the necessary operating/maintenance systems and processes to successfully convert 2 mines from contractor operations to owner miner at Merdeka Copper Gold in Indonesia.
  • As GM Asset Management and Reliability at Fortescue Metals Group, he led an organisational review of the asset management function which resulted in the establishment of 4 clearly focused departments. He also led the implementation of company wide standardised processes for SAP Master data, Delay Accounting and RCA process.
  • As an asset management consultant at BHP Billiton Blackwater mine in Central Queensland, he was part of identifying 40 improvement issues developed action plans developed that led to achieving equipment availability targets.
  • Richard transformed the MMG Kinsevere mine in the DRC by eliminating repetitive major HV Electrical failures leading to nameplate production being regularly achieved. He also was responsible for introducing a world class development system for national staff.
  • As GM Mining Support Division at Kaltim Prima Coal in Indonesia, Richard led the expansion of the mining fleet to go from 16MTPA to 50MTPA including organisation structure, maintenance strategies, spare components and parts, workshops/equipment. The key initiatives he implemented to support the expansion included development of work management and reliability processes. By setting up an in-house component rebuild workshop, it resulted in significant cost reductions through the introduction of same quality non-OEM parts.