Companies involved in graphite mining are increasingly
using autonomous vehicles to increase productivity, reduce cost and increase
safety. Autonomous vehicles increase efficiency by minimizing delays, reducing
operating costs and eliminate mistakes by improving the accuracy and
repeatability. For instance, Rio Tinto, BHP Billiton, and Fortescue Metals
Group are deploying autonomous vehicles in their operations, using driverless
trucks to haul ore.
THE BUSINESS RESEARCH COMPANY VALUED THE GRAPHITE MINING
MARKET AT $1.4 BILLION IN 2017
Asia Pacific was the largest
geographic region in the market, accounting for a little more than one-third of
the market share.
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According to The Business
Research Company’s Consultant, Nitin Gianchandani, Internet of Things
technology gives miners greater insights on the working condition of their
equipment. Sensors on the graphite mining machinery drives predictive
maintenance that in turn reduces the likelihood of unplanned, unscheduled
downtimes that often drain the resources of graphite mining companies. IoT
technology gives realistic insights on machine wear and tear rates that enable
miners to plan maintenance schedule accordingly.
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Graphite India was the
largest company in the global graphite mining market, with revenues of $189
million in 2017. As a part of its growth
strategy, the corporate philosophy of the company lays accent on the ethos of
quality across all its functions which has culminated to an enviable track
record of product and service alike.
Graphite mining includes mining
of graphite and its compounds that are used in refractory materials, chemical
industries, nuclear industries, electrical applications, and mechanical
applications. Graphite is one of three forms of crystalline carbon; the other
two are diamond and fullerenes. Graphite occurs naturally in metamorphic rocks
such as marble, schist, and gneiss.
Graphite Global Market Report 2018 is
a detailed report giving a unique insight into this market. The report is
priced at $4000 for an individual user. To use across your office, the price is
$6000 and $8000 if you wish to use across a multinational company.
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