Advertise your business here! 🚀

Contact us now and get more customers.

Smiling woman thumbs up

Abb Report Identifies Mine Hoist Maintenance Strategy To…

mining
Aug 14, 2024
Article Source LogoWater Technology
Water Technology

ABB has completed a study to benchmark current hoisting maintenance strategies, observing that, on average, mining companies have the potential to achieve more than a month of additional production time annually by following recommended predictive maintenance strategies.

The benchmark report includes inputs from mining companies across six regions and eight different industry sectors including diamond, gold, copper and potash, to better understand the state of hoist maintenance strategies around the world. Collaborating with customers, ABB reviewed every key aspect of the hoist system. The results highlighted that mining companies using reactive maintenance could make up a gap of around 15% in availability compared with those already following more proactive approaches.

As ore grades in established sites become depleted while demand for resources grows, the industry is shifting to deeper mining to reach these critical resources. Mine hoists offer the most efficient way to transport heavy loads of ore from the depths, and therefore must operate at the highest possible levels of reliability and productivity. ABB identified a need for greater standardization and insight regarding optimal maintenance strategies to help its customers keep mine hoists running.

The value of predictive maintenance was reinforced through this project. Those faced with the highest levels of availability loss had, on average, dedicated less of their maintenance strategy to proactive approach versus reactive (75% and 25% retrospectively). While periodic maintenance has been implemented across hoist systems, continuous monitoring and assessment were much further behind. Of those surveyed, only 16% had applied continuous predictive monitoring to their mechanical systems.

Utilizing these insights, ABB devised its ‘World Class Maintenance Standard’ for hoists. While every mine hoist maintenance system should be designed for the specific requirements of individual hoists, the Standard aims to provide mining companies with a baseline for devising the optimal solution for hoist longevity. The Standard recommends that 90% of maintenance strategy be focused on predictive maintenance to achieve the highest availability levels.

“Hoists are one of the most expensive and vital assets within a mining operation, so keeping them running optimally is crucial for an effective mining operation,” said John Manuell, Global Service Manager for Hoisting, ABB Process Industries. “Without a thorough maintenance program, replacing these systems can be costly, risky and time-consuming. We designed the World Class Maintenance Standard to give users a benchmark to design the right program for their assets and reinforce the value, which, when fully utilized, can keep hoists running for several decades. From here, we are devising a framework to simplify maintenance services, which will be available to customers later this year.”

Want more stuff like this?

Join over 117, 500 subscribers and receive our weekly eNewsletter!

Please check your inbox or spam folder to confirm your subscription.

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

0
Recent Comments

Mining Related News You might want to check out

View by
Ghana Expects Us$12 Billion A Year From Small-Scale…
Ghana Expects Us$12 Billion A Year From Small-Scale…
Africa Mining Market
22 May 2025
mining
Ghana Expects Us$12 Billion A Year From Small-Scale Gold Mining
Ghana Expects Us$12 Billion A Year From Small-Scale Gold Mining
Africa Mining Market
22 May 2025
mining
World'S First Fleet Of 100 5G-A Autonomous Electric Mining Trucks Launched At Yimin Mine
World'S First Fleet Of 100 5G-A Autonomous Electric Mining Trucks Launched At Yimin Mine
Global Mining Review
20 May 2025
mining
Understanding The Next Steps In The $20 Trillion Seabed Mining Opportunity
Understanding The Next Steps In The $20 Trillion Seabed Mining Opportunity
Global Mining Review
16 May 2025
mining
Canada Growth Fund Commits $111M For Foran Mining’S Mcilvenna Bay Project
Canada Growth Fund Commits $111M For Foran Mining’S Mcilvenna Bay Project
Mining Technology
15 May 2025
mining
Vedanta Resources Weighs Zambia Copper Ipo To Fund Us$1 Billion Investment
Vedanta Resources Weighs Zambia Copper Ipo To Fund Us$1 Billion Investment
Africa Mining Market
02 May 2025
mining
Weir Completes $840M Acquisition Of Mining Software Company Micromine
Weir Completes $840M Acquisition Of Mining Software Company Micromine
Mining Technology
01 May 2025
mining
The Evolving Landscape Of Sustainable Mining
The Evolving Landscape Of Sustainable Mining
Global Mining Review
17 April 2025
mining
Mining'S Moment To Go Fully Electric
Mining'S Moment To Go Fully Electric
Global Mining Review
16 April 2025
mining
Evolution Mining Approves $273M Cowal Expansion Project In Australia
Evolution Mining Approves $273M Cowal Expansion Project In Australia
Mining Technology
16 April 2025
mining
Epiroc Wins Large Mining Equipment Order In India
Epiroc Wins Large Mining Equipment Order In India
Global Mining Review
16 April 2025
mining
Queensland Committed To Streamlining Mining Approvals
Queensland Committed To Streamlining Mining Approvals
Australian Mining
16 April 2025
mining