How to embrace product innovation in the mining sector

The mining sector is extremely competitive. To stay ahead of the field, mine operators need to actively embrace new products and services that have the power to improve efficiency productivity, and profitability.

May 5, 2021

The mining sector is extremely competitive. To stay ahead of the field, mine operators need to actively embrace new products and services that have the power to improve efficiency productivity, and profitability.

Here are three ways you can embrace product innovation at your site:

Be aware of the power of small improvements

Processes like loading, hauling, and dumping are performed thousands of times a week at a typical mine site. If you are able to improve the efficiency of these processes by even a small degree, the cumulative impact over time has the potential to be significant.

Collect and analyse data

Finding innovative product solutions often starts with identifying a problem and looking for ways to solve it. By collecting data on the various processes undertaken at your mine, you can identify challenges you may not previously have been aware of.

Consider new materials

Just because a material has long been used to manufacture a particular component or tool doesn’t mean it’s still the right choice. Don’t be afraid to explore new options.

CR Mining understands the importance of product innovation and is constantly working to update and improve its offering to mine operators. Take CR’s RazerEdge™ Cast Lip range. Designed to replace outdated plate lip systems on 200t to 500t excavator machines, the range is up to 30 per cent stronger than comparable welded systems. To find out more, visit: https://crmining.com/mining_products/razeredge-cast-lip/