How Asset Performance Management Can Improve Margins for Mines
Mines rely on complex, often costly equipment to extract, transport and process minerals. Equipment failure isn’t the only concern—even small shifts in asset performance can erode margins. Asset performance management (APM) tools can predict pending failures and pinpoint equipment problems, giving mines weeks or even months to plan maintenance and protect profits.
Explore how Aspen Mtell keeps mining equipment running at peak performance.
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Oil sands Canada Analyzing wear patterns to extend life and maintain peak efficiency. Potential savings: 10% reduction in services annually
Oil sands Canada Optimizing maintenance for ultra-class haul truck engines with predictive analytics Potential savings: 10% reduction in services annually
Coal mine South Africa Monitoring cutter motors to schedule planned maintenance Potential cost savings: $300,000 USD annually
Diamond mine Southern Africa Alert! Hydraulic leak—replace line Potential cost savings: $1 million USD per failure
Diamond mine Southern Africa Alert! Gearbox oil imbalance detected on startup Potential savings: $1 million USD per failure
Conveyor belt
Primary crusher
Continuous miners
Haul trucks
Slurry pumps
Continuous casting equipment
Learn more in the white paper “Maximize Mining Equipment Effectiveness, Minimize Margin Loss”
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Steel manufacturer Latin America Alert! 23 days to failure—pinch roller Alert! 21 days to failure—bending roller Potential impact: avoid one month of blast furnance shutdown
