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Energy Management in Mining

Mining is one of the most energy intensive industries, with several high power areas of production, like comminution and leaching. To support the energy transition and contribute to a renewable future, the mining industry must accelerate process optimisation and energy efficiency efforts.

Key fact: Comminution accounts for around 53% of mine energy consumption, while leaching and absorption account for about 22%

However, with an uptake of lower grade ores and demand on the rise, more processing is needed to extract valuable metals. Enacting a proactive energy management plan allows companies to reduce their energy consumption while increasing production and cutting costs.

The use of renewable energy is becoming increasingly widespread in the mining industry thanks to the range of benefits it offers, from sustainability and lower costs to improved safety and reliability.

Key fact: In 76% of the global economy, renewable energy is now the cheapest way to generate bulk electricity

The integration of AI technology with mining operations also allows operators to optimise processes while minimising energy wastage. Providing real-time analytics, digital innovation is equipping mining companies with powerful insights that they can use to rethink and future proof operations.

Benefits

  • Reduces emissions

  • Supports energy transition

  • Cuts operational costs


Learn more insights by browsing our resource centre and learn about digital transformation trends among metals and mining companies in the Axora Innovation Forecast, which surveyed 150 senior industry decision makers.

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