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5 Benefits of Using IoT in the Mining Industry

Industries which rely on equipment for their work such as, mining, manufacturing, and oil and gas companies are shifting towards the use of IoT. Amongst these industries, mining and mineral extraction productivity have declined by around 15% in the last decade. Internet of Things controls or senses objects remotely across existing network infrastructure, create opportunities for more direct consolidation of the physical world into computer-based systems. This would result in improved efficiency, precision and economic benefit with reduced human intervention. For mining industry this transformation is important. This would help in improving performance, boosting productivity and increasing profitability, while eliminating unnecessary costs and waste while mining. Here are a few benefits of using IoT in the mining industry.

  • Time-saving technology

The Internet of Things technology helps in maintaining and developing a mine site. Data is collected before starting the initial digging this ensures the process is being managed properly and with reduced risk. The tasks are completed in very little time using this technology, thus t=saving the precious time of the workers. Some mining companies are already using technologies without human intervention such as driverless vehicles or autonomous drilling systems.

  • Improving safety

The operations taking place in mines are mostly in far-flung areas, with hazardous conditions. Therefore, safety and security of the employees and the equipment become important. IoT can benefit a lot in this aspect, such as:

  • It can provide real-time analysis of the mine and send warning signals to workers at any time.
  • Gas detection sensors and air flow and ventilation monitoring sensors can be used to keep a check on the environment of the mine.
  • Such technology can assess a new or unexplored environment with automated machinery and protect miners from injury or long terms health hazards.
  • This technology can also predict which machinery is likely to require repairs or maintenance; hence remove the danger of equipment malfunctioning while it is being used.
  • Cost and energy saving

Mining operations use a large number of resources and energy while working and any kind of fault in some equipment can exuberate the energy wastage greatly. The use of IoT results in reduced asset downtime as workers work proactively and consequently a reduction in costs can be noticed. By following preventive measures supervisor can ensure that the right machine is available at the right moment and place, preventing production delay costs.

  • Improve traceability and visibility

With the help of IoT data is automatically transferred and received over a network without requiring any human intervention. Remote monitoring of operations ensures maximum efficiency, improved traceability, decreased variability, and better identification of performance problems.

  • Move from preventive to predictive maintenance

Using the Internet of Things approach, monitoring every aspect of a mining operation becomes easier, and leads to greater productivity and safety. This helps in predicting the problems in advance thus ensuring the supervisors know what their next step would be. This IoT technology has changed the entire method of working; we can shift from preventive to predictive maintenance and improve the quality of work.

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