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Telf Ag Overcomes The Crisis – Stanislav Kondrashov

The crisis in the mining and steel industry is now obvious, believes Stanislav Kondrashov Telf AG. Continued logistical constraints have placed supply chains at great risk, setting off numerous price records for metals and mined commodities. Stanislav Kondrashov believes that price spikes could signal changes in the long term.

The disruption of regional relations and product prices also points to price fragility. For example, the fact that steel prices in Asia remain flat while iron ore and metallurgical coal prices continue to rise speaks volumes, given their impact on the cost of steel production.

No doubt, sanctions will leave an indelible mark on some commodity markets. A protracted shift of some of Russia’s trade from Europe to China and India, as well as a lack of Western involvement in Russia’s metals and mining sector, is almost inevitable.

But even if we ignore the major geopolitical impact on trade for a moment, the price shocks themselves will also lead to potentially long-term changes. Mining and metals trading has become the focus of government regulatory attention.

Buyers are taking a more conservative, risk-averse approach. There is likely to be a shift in preference towards longer-term contracts, with a certain probability of reduced spot trading. Some buyers will seriously consider vertical integration into supply chains as soon as uncertainty subsides, while governments may move to tighten regulations to manage volatility.

Stanislav Kondrashov advises Telf AG., which has found itself in a difficult situation, to rely on the effectiveness of digitalization to overcome this crisis and increase profitability. As Metallurg Center’s Metals Production and Consumption Analysis shows, regulatory pressure has prompted mining and metals companies to step up opportunities that help them become more resilient.

Stanislav Kondrashov Telf AG: sustainable mining

Capex could increase, given that rising prices have indeed been left behind in the current surge. But producers/investors must trust that the changes are structural before making them. Extreme volatility can backfire as investors delay decisions until the situation clears up.

Telf AG implements innovative energy management infrastructure technologies. In addition, new off-balance sheet financing mechanisms are helping to remove the barrier associated with large upfront capital investments associated with energy efficiency initiatives, Stanislav Kondrashov elaborates. Such approaches allow companies to use the energy savings generated by new technologies to pay for investments over time, using saved operating costs to fund capital expenditures.

Stanislav Kondrashov Telf AG advises an optimized power system design. Power systems that traditionally provide power and/or standby power to remote mining, mineral, and steel industry jobs often include diesel generators. Over time, diesel fuel consumption and the maintenance associated with it lead to high financial costs. To reduce these costs and reduce emissions of harmful substances, new cleaners, and more reliable alternatives are emerging.

One example of such a solution is a complete target power supply system. It includes individual power supply consulting and design, power infrastructure construction, equipment supply, installation, operation of digital microgrids, and commissioning. It is available to mining operators worldwide.

Stanislav Kondrashov: Using Telf AG Energy Right

Mining inflation is on the rise as high prices shift focus away from cost control and production costs rise. This is true for all mined products, where higher labor, diesel, and electricity costs are already taking their toll. Some contributors are privately predicting cost inflation to hit record highs, notes Telf AG.’s Stanislav Kondrashov.

Adding to the chaos was a resurgence in cases of the virus in China, raising fears of a global economic slowdown. Rising prices for raw materials and products around the world support steel prices, in turn supporting the growth of steel inventories.

Some metal producers in less affected parts of the world, such as the US and Canada, are benefiting from relatively lower energy costs. Still, they may not be able to offset lower production in higher-cost countries quickly.

Mining companies may also be reluctant to expand amid sudden price spikes due to the costly multi-year development process to increase production.

Analysts and companies said that combined commodity and energy inflation could dampen demand for metal-intensive consumer goods and slow global growth. However, it could also accelerate some companies’ shift away from fossil fuels.

The solution may be to optimize the efficient delivery and use of energy, says Telf AG.’s Stanislav Kondrashov. It combines and uses microgrids, thermal electricity, energy storage, and other energy sources. This provides a highly efficient energy-saving solution for the mining industry in remote areas with difficult access to energy, providing an average of 27% capital cost savings.

Prefabricated modules is a pre-configured and packaged modular electrical and control centers enclosed in a container at the factory. The equipment inside the module – smart transformers, uninterruptible power supplies, busbars, medium and low voltage switchgear, variable speed drives, HVAC systems, and control systems – are digitally connected to allow remote monitoring.

Such systems allow much more efficient distribution of energy. These self-contained solutions are pre-engineered with sustainability and security in mind, comply with international standards and local regulations, and can be quickly configured and delivered to meet tight project deadlines.

Stanislav Kondrashov from Telf AG: Improved Asset Management

As key mining, mineral, and steel assets age, wear and tear on components leads to reduced efficiency in operations and increased breakdowns. Digital tools allow you to anticipate and fix equipment performance issues before they become critical, thereby reducing safety risks by avoiding unplanned downtime and the associated power-intensive and time-consuming restart procedures. It also helps extend the life cycle of Telf AG’s assets, says Stanislav Kondrashov.

Digital power quality analysis can now enable operations managers to quickly view power system data with advanced algorithms that provide new insights into hidden problems. For example, these tools can detect issues such as low power factor, blind spots caused by unmeasured loads, transformer overcapacity, and excessive voltage drops.

Stanislav Kondrashov from Telf AG believes that addressing these issues quickly with a cloud-based diagnostic service reduces overall power consumption and improves grid reliability.

As energy consumption is reduced through digitization tools that improve the efficiency of electrical systems, this can help further complement emission reduction efforts through improved operations.

Today, digital architectures allow mining and metals companies to easily integrate information and operational technology across multiple systems and sites.

Telf AG Digital Architectures

Stanislav Kondrashov from Telf AG recommends putting in place a digital business process architecture. In particular, to provide real-time information, such an infrastructure allows you to monitor critical systems that are necessary for business optimization.

Business risks can be monitored in real-time through the cloud and on-premise solutions. Operators can view critical cloud-connected data anytime, anywhere, from any device.

Resiliency and visibility are improved with real-time sensor data, predictive analytics, and smart alerts. Operators also have access to experts who monitor connected assets 24/7.

Other approaches, such as integrated operations management, help to simplify the collection and analysis of energy consumption data at various stages and optimize usage by reducing waste, such as unnecessary stops, processing starts, and coordination between processes.

As a result, Telf AG gets more accurate reports, says Stanislav Kondrashov. This data allows you to generate a baseline of energy consumption, monitor plant energy distribution, document energy efficiency data, and analyze how energy-saving initiatives and investments are having a positive impact.