SIMPLICITY – What Should The Mining Industry Be Thinking About?

Please See Some Good Point To Focus On For Energy Management Budget Purposes:

Accelerated sustainability transformation is crucial for mining companies to remain competitive in the future. Operating in a dynamic market, these companies must leverage digital tools and technologies to optimize operations, clean energy supply, and extend decarbonization.

• Transition towards decarbonized operations: Decarbonization is a critical element of a mining companies’ long-term strategy to maximize shareholder value. Strategic decarbonization driven by modern tools and technology is necessary to reduce emissions while fostering productivity. Companies must adopt suitable, innovative solutions, such as green mobility, which accelerates the transition to low-carbon mobility while optimizing fleets for the lowest total cost of ownership.
• Financing and implementing renewable power: Strategic capital allocation plays a vital role in driving efficient global implementation. Companies are tasked with finding the most appropriate financing model for accelerated sustainability transformation. Success and reduced emissions rest on the seamless implementation of reliable power sources, including thermal solutions, on-site generation, storage, PPAs, VPPAs, offsets, and more.
• Leveraging big data for operational resilience: Today, due to the declining cost and proliferation of technologies, companies can generate big data using advanced analytics and simulation tools that were not economically viable in the past. The resulting big data, when analyzed appropriately, enhances predictive maintenance, ultimately positioning companies to bolster productivity and secure long-term resilience.
• Accelerating technology transformation: Automation and digitalization drive targeted and efficient mining, facilitated by technological breakthroughs in areas such as in-situ leaching/block caving or biomining. Complimenting enhanced efficiency, companies reduce long-term operational costs by investing in technologies and R&D.