Over the past 5 years, electricity costs in the mining industry have increased by 33%.
Almost half of the mine’s energy consumption comes from mills, which makes rising costs a serious problem for the industry.
Mining already consumes up to 11% of the world’s energy, but this is just the beginning. Since the extraction of raw materials will increase by 60% by 2060, energy consumption will also increase.
The main problem is the loss of energy during production.
Crushing and grinding account for 50-53% of energy consumption.
Harder ore requires more energy per ton.
This leads to a decrease in the efficiency of operations, loss of money and energy.
Grinding accounts for 30% of operating expenses (OPEX), and without better testing, mining companies lose profits.