Currently viewing Global edition

Miners shelling out too much on oils

Oil major Shell says miners around the world are missing out on millions of dollars of annual savings from better lubricant use, with many ignoring asset management practices that in many cases have been honed in the industry over decades.

Miners shelling out too much on oils Miners shelling out too much on oils Miners shelling out too much on oils Miners shelling out too much on oils Miners shelling out too much on oils

The company, which supplies miners with fuel and lubricants, commissioned research on the market that found about 60% of companies don’t use the “right lubrication procedures”, which meant higher