Business Challenges n the current [mining] economic climate, minimizing costs...
Development of a Maturity Scale for Mining Performance and Maintenance Analytics
Development of a Maturity Scale for Mining Performance and Maintenance Analytics
- September 7, 2022
- Posted by: admina
- Category: Uncategorized
Business Challenges
Since the onset of the slump in commodity prices in mid-2012, the mining industry has sought to significantly enhance productivity and lower labor and cost inputs. Most companies have progressed through two to three waves of cost-cutting exercises, with the result that much of the low-hanging fruit has been plucked, and further cost reduction demands the application of smarter, more targeted thinking. As a result, there is currently a great deal of interest in implementing data analytics to improve equipment performance and reduce maintenance downtime and costs.
Suggested Solution
Project Info
Methodology
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Start Date
Jan 2019
DurationÂ
24 (Months)
Location
Brazil–Australia
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