METS

Unlocking new value from MARCs

It’s no secret: plummeting commodity prices have battered miners’ bottom lines for a decade. To survive, they’ve launched major productivity-improvement programmes. These efforts have paid dividends, but miners have exhausted them and need new ways to safeguard their margins. For some, rethinking how they manage equipment maintenance and repair can help.

Unlocking new value from MARCs

What miners spend on maintenance-and-repair contracts (MARCs) with original equipment manufacturers (OEMs) or their authorised service suppliers can amount to as much as 30-40% of total mine costs. With...

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