Experience. Application. Adaptation. Control.
Optimization
Productivity redlined.
Optimization takes many forms but, in the mining industry, it is the efficient operation, management and maintenance of equipment that is central in maximizing productivity. However, understanding the actual versus prescribed remaining life of equipment, often referred to as its ‘residual value’, remains a relatively unknown yet crucial aspect of both cost and revenue-side management.
Enter RELM.
Residual Equipment Life Management - RELM
For mining industry progressives, the practice of ‘Residual Equipment Life Management’, or RELM, has become a new balance sheet essential – instrumental in both maximizing capital utilization while minimizing risk associated with unexpected shutdowns due to equipment failure.
Through the depth, breadth and diversity of our collective industry experience, we have formalized this essential discipline into a proprietary RaamCore Practice Area that offers tangible and measurable value that can be transformative to the overall efficiency of mining operations of all types and sizes.
See for yourself
Please click to read or download this brief overview document (4 minute read)
and contact us to start a conversation.