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Improving Run of Mine Equipment Reliability

Mining relies on complex equipment. As the size and cost of machinery increases, maintaining equipment reliability is essential.

Manual inspections aren’t effective at determining equipment reliability. Instead, condition monitoring technologies can be used to optimise asset performance, identify early-stage issues, reduce operating costs, and improve health and safety.

Key fact: Maintenance costs in mining vary between 30-50% of operating expenditures

Powered by AI, condition monitoring systems have advanced data processing capabilities that give operators greater visibility over the health of run of mine equipment.

Fleet management software, for example, provides powerful insights on everything from vehicle maintenance to fuel consumption, ensuring that mining fleets are always running at optimal performance.

Condition monitoring systems also allow operators to conduct accurate reliability analyses on equipment by providing real-time analytics. Instead of wasting time and money on manual inspections, which are infrequent and hazardous, operators can assess the health and efficiency of equipment remotely, and easily identify areas of low reliability.

Ensuring the reliability of run of mine equipment reduces the risk of downtime caused by unexpected faults and injuries. This allows mining companies to continue meeting demand in a safe and efficient way.

Benefits

  • Reduced OPEX

  • Improved health and safety

  • Increased productivity

Explore solutions for Improving Run of Mine Equipment Reliability

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