Business Challenges n the current [mining] economic climate, minimizing costs...
Advanced Predictive Analytics
Advanced Predictive Analytics
- September 7, 2022
- Posted by: admina
- Category: Uncategorized
Business Challenges
n the current [mining] economic climate, minimizing costs is critical. Equipment reliability must be stepped up to increase production and reduce delays. Equipment reliability requires effective maintenance. Maintenance expenses in the mining industries are commonly between 30%-50%of mine site total operating costs.
Suggested Solution
The overall goal is the application of Advanced Analytics to reduce un scheduled maintenance delays, prevent equipment machine damage, avoid catastrophic failures, and provide a platform for ongoing predictive maintenance. Outcomes and benefits can be categorized in deep dive in to two mine haul truck catastrophic brake failure examples; distinguish between “Real” versus “Spurious” alarms; and evaluating which proactive diagnostics are the best predictors of haul truck equipment damage and unscheduled maintenance.
Project Info
Start Date
Jun 2015
Duration
24 (Months)
Location
Brazil–Australia
Solution Category
Project Status
Challenges Area
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