Mining equipment is a significant investment but with the advent of technology, we now have even better tools to maximize productivity. As a result, the mining industry is starting to shift from total cost of ownership to a focus on lowering cost per ton. And an understanding that if you want to achieve more, you have to start with an investment in not only the right equipment but also the right equipment dealer; a trusted partner that can help you leverage deep category experience, analytics and actionable insights to drive operational efficiency in your mining operation.
Technology is fast becoming the key deciding factor when it comes to purchasing equipment. It can provide improved productivity and additional insights into business operations. An integrated approach to managing operations involves using both equipment and technology as a strategic tool to lower cost per ton. High quality equipment coming factory-direct with the latest technology may cost more up front but offers big advantages that pay off in the long run — using less fuel, working faster and hauling more tons per hour, calculated using a simple formula, cost per hour divided by tons per hour. The result is maximum productivity at a lower cost.
Technology offers 100% accuracy and is taking the guesswork out of the equation. When an operator is running a truck, you can’t always control how he brakes or changes gears, but with the help of technology you can maintain the same level of operation for each user – providing total precision and consistency.
Technology is also helping increase safety and productivity while extending equipment life, lowering maintenance costs and the cost per ton. Mining operations are also benefiting from advancements in telematics, which are helping track progress on site and provide insights into where delays are likely to occur. You’ll also receive notification when a machine is in need of service so you can schedule maintenance and repairs to minimize downtown and maximize productivity.
Autonomous technologies are starting to change mining operations – keeping operators out of harm’s way while creating greater efficiencies, re-shaping roles and maximizing equipment utilization. With automation, machines can complete tasks without shift changes and can run 24/7 if needed – turning once unproductive hours into productive ones.
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