The mining industry is one of the oldest & most hazardous commercial sectors where the use and implementation of modern technology are very gradual. Mining companies utilize a plethora of expensive equipment in a high stakes & cost environment. In these cases, asset health is critical to the safety & profitability of the mine.
This is where IoT-driven Predictive maintenance can be a game changer. It has the potential to collect and analyze environmental and equipment data instantaneously and conduct real-time risk and area evaluation. It reduces the risk of downtime & loss due to machine failure and reduces overall maintenance & spare part costs of high capital-intensive machinery. The application of IoT in the mining industry is quintessential because of its advantages for large-scale operations in mining, where the operating environment is constantly changing & workforce operates in a compact, adapting, and potentially hazardous environment.
Let’s first try to understand the what makes maintenance for the mining industry difficult:
Challenges in the mining industry
Disruptive & exorbitant impact of equipment failure in mines Equipment failure is the worst nightmare for mines. A standard mining operation spends 35-50 percent of its yearly operations budget on just asset maintenance & repairs. Unpredictable equipment failure can disrupt production & a considerable dent in the bottom line.
Remote monitoring of equipment at far-off locations
Mines are typically located far away from civilization. So in case of unplanned downtime, it takes time to get expert maintenance personnel and spare parts to reach, diagnose and repair the equipment. These transportation delays & costs impact the budget as well as profitability.
Workforce safety depending on asset health
Worker health & safety remains a big concern in the mining industry due to the difficult working conditions. Furthermore, as mines get deeper, the likelihood of a collapse & danger increases. While safety in mines has improved dramatically over the years, the fatalities caused by asset malfunction are a big reason for on-site hazards.
Unreliable connectivity options
Additionally, because more mines are constructed in off-grid locations, providing stable electrical infrastructure to power mining operations and appropriate water supply becomes increasingly tricky. Connectivity is limited or unreliable, particularly in underground mines, and the 3G/4G signals may be difficult to pick up in remote regions.
Read More:https://www.infinite-uptime.com/predictive-maintenance-iot-impact-on-mining/
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