COVER STORY
Digital Transformation in Mining
In recent years , the world has witnessed a rapid increase in the consumption of commodities . This is due to the rising trends in urbanisation and industrialisation . The Mining , Minerals , and Metals ( MMM ) industry play a critical role in this growth . In fact , according to U . S . Geological Survey ( 2017 ), It is estimated that each person uses more than 11,000 kilograms of new non-fuel minerals found in everyday products like medicine , buildings , vehicles , homes , electronic gadgets , etc . Commodity consumption therefore continues to be a significant driver for the Mining , Minerals and Metals industry .
The constant change in technology has disrupted industries and businesses around the world . They are now being forced to accept this new reality rather quickly . However , the advantages of adopting new technologies are immeasurable and have a tremendous potential to deliver exceptional value for those willing to adopt .
Customers The mining industry has experienced many challenges over the last few decades with regards to productivity .
According to McKinsey research , mining operations are as much as 28 percent less productive today than a decade ago . McKinsey also states that the profitability of mining over the past three years has decreased . However , the adoption of new technologies and the implementation of digitalisation can help mines to reduce complexities , improve overall productivity and optimise operational performance .
Endress + Hauser offer a broad range of devices with Heartbeat Technology to help optimise mining processes .
Heartbeat Technology breathes life into your devices :
• Devices continuously show their status : from the sensor to the output signal
• You receive a diagnostic coverage up to 98 %
• Full texts give clear guidelines on what to do
• Everything at a glance : Efficient maintenance according to actual needs
• You increase the availability of your plant and avoid unplanned shutdowns
Real-time data for smooth mining operations What does this mean for your engineer on site ? The engineer will now be able to commission , run diagnostics or perform verification tests without physically touching the device . This leads to flexibility in mining operations , increased productivity , greater safety , and lowering costs .
While productivity globally has declined , the harnessing of data and the utilisation of automated systems offers the potential to enhance the productivity , efficiency ,
Source : https :// www . usgs . gov / energy-and-minerals / mineral-resources-program / science / -we-take-minerals-granted ? qt-science _ center _ objects = 0 # qt-science _ center _ objects . Source : https :// www . mckinsey . com / industries / metals-and-mining / our-insights / productivity-in-mining-operations-reversing-the-downwardtrend #:~: text = Worldwide % 20mining % 20operations % 20are % 20as , according % 20to % 20new % 20McKinsey % 20research .
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