Mining Technology Solutions
Toward a Safer, Smarter, and Cleaner Mining Industry
Helping the mining industry to evolve rapidly toward a more sustainable future. By investing in a smarter workforce, resilient supply chain, and cleaner operations.
Overcoming the Biggest Challenges of Mining Industry
Higher CAPEX / OPEX
- Long Engineering Cycles, Delayed Handoff to Ops
- Delayed and Over-budget Projects Deliveries
- Higher Production Downtime and Inspection Costs
Weakened Value Chain and Productivity
- Unbalanced Supply and Demand Planning
- Impaired Forecasts and Tracking from Pit to Port
- Poor Overall Equipment Effectiveness (OEE)
Constrained Workforce
- Weakened Collaboration with Remote Operations
- Impeded Workforce Efficiency without Data Insights
- Lack of Situational Awareness and Safety Procedures
Resetting Mining Industry Toward a Sustainable Future
Predictive Maintenance
Key Benefits
Enhanced mining equipment reliability
Minimized operational downtime and inspection costs
Optimized maintenance scheduling
Prevents unforeseen equipment failures
Technical Capabilities
Real-Time Mining Analytics
Monitor and manage multiple mines and overall equipment efficiency (OEE) with the assistance of the Internet of Things (IoT) and sensor data.
Mining Processes Management
Execute flexible mining and extraction processes and collaborate seamlessly in an integrated environment.
Predictive Maintenance Trends
Predictive maintenance for mobile equipment ranks sixth globally in terms of the overall degree to which mines have invested in it.
When properly implemented, predictive maintenance maximizes profits by minimizing the risk of losses due to system failure.
The global predictive maintenance market, which was valued at 4.5 billion US dollars in 2020, is projected to reach the size of 64.3 billion US dollars by 2030.
Transitioning from preventive to predictive maintenance can enhance a mining company’s overall equipment effectiveness (OEE) from 50-75%.
Predictive maintenance can reduce maintenance planning time in mining and metal operations by 20-50% and overall maintenance costs as well.
A typical mining operation spends 35-50 percent of its annual operations budget merely on asset maintenance and repairs.
Optimizing Production and Scheduling
The mining industry is a dynamic sector with intricate operations and production. With escalating costs for maintenance, transport, machinery, workforce, and other resources; shifting environmental regulations; fluctuating market demand; managing resources such as water and energy; ensuring safe procedures; enhancing sustainability initiatives; minimizing waste generation; improving process efficiency and throughput optimization, it’s crucial for the industry to utilize data-driven solutions.
Key Benefits
Effectively manage open-pit and underground operations
Integrated cross-functional data streams
Optimized mineral extraction
Improved profitability
Technical Capabilities
Optimizing Mining Operations with AI and Data
Data analysis through AI allows operators to make more informed decisions on when to commence an excavation or kick-start an operation that may significantly impact profits – by analyzing various factors such as geological conditions, equipment status, or personnel availability. AI can also be used to assess risk before work starts by conducting predictive maintenance on machinery or predicting potential failures based on historical incidents.