Why Every Fuel Drop Counts in for the Mining Industry?
Fuel consumption in the mining industry is substantial, with equipment and vehicles relying solely on fuel. Haul trucks, for instance, consume about 350 liters of diesel per hour, approximately 140 times more than an average Sedan car.
Excavators, mining trucks, drills, loaders, and generators are also fuel-intensive, making mining operations fuel-dependent. In light of soaring fuel prices, every drop of fuel becomes crucial for mining efficiency and cost management.
Importance of Fuel Management in the Mining Industry
Massive Fuel Consumption
In the mining industry, fuel stands as the foremost operational expense. With mining fleets operating 24/7 in shifts, some vehicles remain in constant use on-site. Even a slight fuel-saving per truck or equipment per hour can lead to significant cost reductions in fuel expenses.
Fuel Pilferage & Wastage
Additional challenges, such as fuel pilferage and wastage, contribute to rising fuel expenses. On mine sites, approximately 8% of dispensed fuel is lost due to theft. Monitoring large mining storage tanks for gradual fuel loss is challenging. Manual monitoring is impractical as measurements differ among personnel. Unmonitored equipment on-site may lead to fuel wastage through evaporation or degradation over time.
Automate Inventory Management
Conventional practices make predicting daily fuel requirements challenging at mining sites. The Fuel Inventory Management System revolutionizes this process, enabling companies to determine precise fuel orders and timings. It tracks fuel inventory from purchase to storage and distribution, offering real-time visibility and data for optimizing fuel usage. With automation, every fuel drop is traceable, and records are easily accessible, ensuring efficient fuel management across the site or any stocked location.
In addition to the previously mentioned points, ensuring a steady supply of fuel to the mining site is crucial for efficient operations. Even a one-hour delay in mining work can result in significant losses for the business.
The mining industry can greatly benefit from incorporating technology. A customized Fuel Management System that aligns with your business model is the key to success. A comprehensive Fuel Management Solution that manages fuel quality and quantity delivered to the mining site, as well as refueling for all fleets with complete data collection and analysis, is the ideal solution.
Check the below pages to know more about Advanced Fuel Management Systems provided by Hectronic, the leading fuel technology company in India and internationally.
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