Catch-up on TotalEnergies’ cover story and more from GMR June 2025 – Luiz Claudio Sampaio – Global Mining Market Manager, and Mathias Lamberts – LubAnac Technical Coordinator, TotalEnergies, detail how rigorous oil analysis in mining operations can extend equipment lifespan and reduce total cost of ownership.
In the demanding realm of mining, where heavy machinery endures relentless stress, the strategic implementation of regular oil analysis proves to be an essential method for optimising equipment lifespan and minimising the total cost of ownership (TCO). This article explores the substantial benefits of consistent oil analysis on equipment availability, maintenance expenditure, and overall operational efficiency within the mining sector.
The global oil analysis market is experiencing a strong compound annual growth rate (CAGR) of 7.51% from 2023 to 2030. This growth is driven by the increasing recognition of proactive maintenance strategies as a key component of operational sustainability. The mining industry, characterised by its reliance on high-value, heavy-duty equipment, is particularly well-positioned to benefit from this trend.
Understanding the TCO impact
The TCO of mining equipment encompasses far more than the initial purchase price. It includes operating costs, maintenance expenses, downtime losses, and eventual disposal costs. Regular oil analysis directly effectively targets several key components of TCO, resulting in substantial savings.
Extended equipment lifespan
Oil analysis acts as an early detection system, detecting incipient wear and tear before it escalates into catastrophic failure. By identifying abnormal wear patterns through the analysis of wear metals, contaminants, and lubricant degradation, operators can implement targeted, timely corrective actions. This proactive approach significantly extends the operational lifespan of critical equipment and reduces the need for frequent, costly replacements.
Thank you for enjoying this abridged article. Read the article in full and much more from the June 2025 issue of Global Mining Review here: https://bit.ly/3T2ZGBD