Reducing risks of fire and business interruption
Reducing risks of fire and business interruption
Mining and metal processing is among the world’s most dangerous professions. While it’s difficult to pinpoint accurate figures on global accidents and deaths, the risks in the industry are ever apparent. Mines are located in remote regions using heavy machinery and flammable liquids. Accidents and equipment breakdown are not only safety concerns, they lead to expensive business interruption.
Meanwhile, a hard insurance market is leaving companies struggling to find insurance capacity and investing heavily in loss prevention. From sprinkler systems to critical equipment assessments, companies are working hard to mitigate risks and show carriers that safety is a top priority.
TÜV SÜD Global Risk Consultants has been working with mines and metal processing plants around the world for years. Our risk engineers assess your risks of fire, electrical problems, equipment breakdown, business continuity, natural hazard exposure, and more. Our recommendations lead to predictive and preventative maintenance, best practices for fire prevention, safer work environments, and better management of equipment amid supply chain delays.
In the mining and metals industry, TÜV SÜD Global Risk Consultants has delivered the following results:
In the mining and metals processing industries, our engineers will examine mines and facilities for risks such as:
Flammable Liquids. Mineral extraction requires solvents and chemical processes that could be fire risks.
Electrical Maintenance. Short circuits, arc flash, overheating and other perils may damage electrical systems. Risk engineers should analyze transformers and perform electrical testing on critical equipment.
Equipment Breakdown. If a critical transformer or conveyor is inoperable, finding a replacement may leave operations interrupted for quite some time. Delivering equipment to remote locations only adds to that timeline. Plus, supply chain delays can make it even worse. The resulting business interruption can be incredibly costly. Proper lubrication, predictive and preventative maintenance, and business continuity plans are critical risk engineering actions.
Floods and Natural Hazards. Underground mines have flood exposures and can experience severe damage from tropical storms, earthquakes, or other perils.
Combustible Dust Fires and Explosions. Finely divided solids present flash fire and explosion risks. A Dust Hazard Analysis identifies operations and makes recommendations for dust collection safeguards.
Experienced risk engineers from TÜV SÜD Global Risk Consultants will inspect your mine or metal processing facility to determine your unique risks of fire, equipment breakdown, combustible dust, flammable liquids, natural hazards, and other problems.
Common risk engineering solutions include fire protection assessments, asset management, infrared thermography, and electrical hazard assessments. Our recommendations will help make your plant safer, reduce worker injuries, and reduce your risk of business interruption.
Interested in learning more? Contact us today.
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