Reducing the total cost of ownership in mining
Rising costs is one of the biggest challenges miners face in the coming years. Discover how effective lubrication management can help sites to address this by reducing the total cost of ownership (TCO) across their equipment operations.
A total cost of ownership approach to maintenance
As miners work to produce more with less, what they put into their operations matters more than ever. This includes the lubricants they use to protect their equipment 鈥� the heart of a mining site. Equipment health is critical to mining productivity and sites already apply TCO evaluations to their operational performance to make sure they get the best possible value from each vehicle and machine. Yet, the positive impact of effective lubrication is often overlooked. By selecting the right products and managing them properly across their lifetime, miners have the potential to reduce their maintenance spending by 30% each year 鈥� highlighting the need for a TCO approach to lubrication programmes.1
How effective lubrication can reduce mining TCO
Prevent loss of production
The right lubricants are essential for keeping each element of your equipment running smoothly, helping to avoid the failures and breakdowns that can cause unplanned downtime and result in lost production time you cannot get back.
Improve process efficiency
With less of a focus on getting machines back to work as quickly as possible, your maintenance teams can prioritise value-added activities by exploring ways to make your equipment operations more efficient and more effective.
Extend component life
Effective lubrication is vital in protecting components from the impact of operating in tough conditions, helping your equipment to work harder for longer so you can increase uptime and utilisation to drive the productivity of your operations.
Reduce maintenance costs
Selecting the right lubricants and managing them properly can help you to reduce the need for maintenance across your mining fleet by preventing avoidable breakdowns and avoiding the need for expensive repairs and replacements.
Unlocking efficiency in mining
Find out more about how to select the right lubricants for each application, and why effective lubrication management is just as critical as choosing the right products.
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Disclaimers:
1. Reported savings delivered to Shell Lubricants customers.