April 132019

Fuel Management Till Last Drop

Fuel used for the fleet is one of the biggest expenses for a mine. Fuel costs occupy up to 40% of operating expenditures. With major business investments and technological up-gradations, fuel management solutions today give fleet operators total visibility and control over fleets anytime, anywhere. The system receives and processes data from individual vehicle tracking devices, entrusting supervisors to make business decisions supported by up-to-date and accurate fleet performance data.

In mining, fuel and fleets are interrelated. The centralized mining system is integrated with precision fuel level sensors, terminals, and displays. With the support of data processing algorithms, fuel levels are completely secured with a high rate of accuracy. This in its entirety tracks vehicle remotely, monitor fuel and check driver’s performance. A research survey shows, around 49% of the fuel is saved after implementing telematics solutions. Respondents also cited a 51% accuracy in utilization tracking.

With a long work life and reliability, fuel level sensors help mine operators monitor fuel consumption, mileage in km per liter and actual fuel levels at any time. Companies nowadays design multiple functionalities to help mining supervisors and operators monitor the shift performance appropriately. These comprise of:
  • Real time asset monitoring
  • Fuel expenditure management
  • Detecting fuel wastage
  • Fuel theft
  • Maximize efficiency
  • Operator performance
While your miners need real-time visibility into fleet movement and fuel consumption to manage operations, predictive analytical tools compare fuel consumption, asset health, driver performance, load, and environmental conditions to maintain the balance between fuel and fleet management. Fleet route optimization analyzes workplaces, haulage paths to determine the shortest distance for mine operations. Defying manual errors, the reporting dashboards now help mine supervisors and engineers access real-time operational data. Other occupational parameters such as asset utilization, cycle time and payload are analyzed through geo-reference data.

Therefore it can be said evidently, operational intelligence has transformed the entire face of the mining industry. With the right combination of analytics, telematics and data flow, miners now are on a complete haul, revamping workflows and saving up costs.