FUELS & LUBRICANTS
Fuel flows
Diesel and lubricant costs are currently volatile, so the sensors, software and systems that help mines monitor and manage their consumption are ever more important, reports Paul Moore
Fuel remains one of the largest operating costs for mining companies along with power. When prices spike or supply chains become unreliable, even small inefficiencies can erode millions of dollars in operating margin. As a result, mining operators are increasingly investing in real-time fuel visibility and operational intelligence to improve efficiency, strengthen resilience, and protect profitability.
VERIDAPT’ s AdaptIQ software platform, which currently monitors approximately 40 billion litres of hydrocarbons annually, it says is helping mining companies move from reactive fuel management to proactive optimisation. AdaptIQ software records, reports and analyses the monitoring, ordering, delivery, transfer and dispensing of fuel and lubricants in real-time. It records data, such as live, real-time stock in storage tanks, silos and stockpiles or other storage facilities and live movement of fuel and lubes to and from the storage facility, or an asset that will use the resource, such as a vehicle being refuelled.
Variances are identified in real time, providing operators with immediate visibility and enabling proactive intervention where losses or irregularities occur.
Underpinning the platform is VERIDAPT’ s proprietary fuel management hardware, engineered and manufactured in-house for extreme industrial environments. Devices are laboratory and field tested well beyond normal operating condition, including exposure to heat, cold, vibration
Optimizer is TotalEnergies’ fully integrated electricity, fuel and lubricant consumption manager for mines, quarries and construction operations. Managers are given an eagle-eye view of the site as it fully integrates with existing systems
and physical impact, ensuring reliable performance in remote and high-demand operations. Hardware integrates directly with tanks, pumps and dispensing infrastructure, capturing accurate data at source.
Data is securely transmitted via encrypted private cellular networks or customer networks to the SOC 2 certified AdaptIQ cloud platform, a secure enterprisegrade web application designed to track and reconcile hydrocarbons and energy supply chains with precision while facilitating realtime emissions reporting.
The company states:“ Fuel theft, misallocation, and inaccurate reconciliation remain major challenges across many mining operations, particularly at remote sites where visibility is limited. Modern fuel management software helps operators gain tighter control over inventory through automated tracking, connected monitoring, and real-time reconciliation.”
VERIDAPT’ s AdaptIQ platform it says can reconcile fuel inflows and outflows with up to 99 % accuracy, enabling operators to track every litre from delivery through to dispensing.“ This becomes increasingly important during periods of elevated diesel prices because fuel losses become significantly more expensive; inventory discrepancies can trigger emergency fuel purchases; and hidden theft can distort supply planning and reporting.”
By digitising fuel accountability, mining companies can reduce shrinkage, improve transparency, and strengthen operational
VERIDAPT’ s AdaptIQ software platform currently monitors approximately 40 billion litres of hydrocarbons annually, and it says is helping mining companies move from reactive fuel management to proactive optimisation
International Mining | JULY 2026