Integrated Asset Management - An Investment in Sustainability

Maintenance has traditionally been viewed as a negative aspect of doing business, incurring cost and causing downtime. For the mining sector, maintenance can be up to 30% of direct costs and much more in terms of the hidden costs of lost production, higher energy costs, reduced asset life and increased safety and environmental issues. By combining leading edge proactive maintenance strategies with the unique knowledge of an experienced equipment supplier, the concept of an "integrated asset management" partnership can turn this traditional view of maintenance into an investment that will improve all aspects of sustainability in an increasingly competitive and complex business environment. (C) 2014 Published by Elsevier Ltd.