Reducing the Total Cost of Ownership in Mining & Quarrying
Find out how to lower total cost of ownership through better lubrication.
Reducing costs is vital in today’s mining environment. Too many customers are increasingly relying on their equipment to simply work harder. This means vehicles machinery are running for longer periods at a time, with heavier loads, against steeper inclines. All to drive maximum productivity for the business.
In the short term, pushing equipment harder can boost productivity, but long term, the impact on equipment life, oil drain intervals, and the risk of unplanned downtime can create real problems for mining operations. As maintenance expenditure increases, any benefit in the short term has not only been lost, but thoroughly reversed.
World-class expertise in producing and managing lubricant programs can reduce the total maintenance budget by a remarkable 30% each year ¹.
While lubricants generally account for a not insignificant five per cent of total maintenance expenditure, when applied based on world-class expertise in producing and managing lubricant programs, they can reduce the total maintenance budget by a remarkable 30 per cent each year 1.
There are two processes that are key to achieving this kind of reduction in the total cost of ownership in mining:
- The first is to use the most appropriate lubricant solution for each type of equipment;
- The second is to practice effective lubricant management.
Shell’s expertise in these areas has enabled mining customers worldwide to release millions of dollars of savings through better lubrication 2.
1 Reported savings delivered to Shell Lubricants customers.
2 Total Cost of Ownership (TCO) is defined by Shell Lubricants as the total amount spent on the equipment, incl. cost of acquisition and operation over its entire working life, and costs from lost production during downtime.
