Still Burning Diesel? Start Your Mining Truck Conversion
Let’s be direct: is your mining operation still running on diesel? If the answer is yes, the question isn’t whether you’re falling behind. You’re already behind. While you’re managing fuel volatility, maintenance downtime, and stagnant productivity, your rivals in the market are already capitalizing on the electric transition. They understood that the smartest way to electrify isn’t waiting for new equipment, but transforming the fleet they already own.
The Financial Dead Weight of Sticking with Diesel
Every day your fleet operates on diesel technology is a day you actively choose to hurt your profitability. According to verified case study data from operations running 20 hours a day, a diesel haul truck—like the Cat 793 model—has an average maintenance cost of $60 per hour. In contrast, an equivalent converted electric truck operates at just $15 per hour. This isn’t a marginal improvement; it’s a radical optimization of your OPEX, proven by a projected maintenance cost reduction of over $16 million for a 10-truck fleet over five years.
On top of that, there’s the fuel expenditure. Sticking with diesel costs that same fleet an additional $15 million compared to electric power over the same period, based on energy and fuel consumption projections. Can your operation afford a proven overspend of more than $31 million just to stick with outdated technology?
The Productivity Gap That’s Already Costing You Tons
The gap widens even more when it comes to productivity. This modernization process not only cuts expenses but also increases payload capacity. By replacing 29 tons of diesel machinery with 20 tons of battery technology—using a 220-ton truck as a reference—each converted unit gains 9 tons of payload per trip. This is a validated figure from real-world operations.
Think about it: while your truck hauls its standard load, an identical, converted truck from a competitor is moving 9 more tons. Annually, calculations based on this increased capacity show a potential of 40,500 additional tons per truck that your operation is not moving. The mining truck conversion process unlocks a new level of operational efficiency that diesel simply cannot match.
Mining Truck Conversion: The Strategic Shortcut
This is where the decision becomes undeniable. While the path of buying new forces you into years of waiting and committing to excessive CAPEX, mining truck conversion is both immediate and financially superior. The investment to transform a truck with NewSteel is, based on CAPEX analysis, merely 40% of the cost of a new combustion vehicle.
It’s the intelligent route that allows you to modernize your fleet at a fraction of the cost, with a return on investment (ROI) achieved in just 6 months. There is no waiting. The decision to start your electric truck conversion today means seeing tangible benefits this year. Furthermore, by repurposing existing assets, your company aligns with circular economy principles, improving its corporate reputation and access to green financing.
Going green has become the best business, and the time is now. Every day you postpone the decision, the gap between your operation and your competitors grows wider. They are already on the move. The only question is, how much more of a head start will you give them?
The time for analysis is over; it’s time to act. If you’re ready to stop giving up ground and want to explore in detail how conversion can transform your operation, contact our specialists. Follow us on our social networks to stay up-to-date on the latest innovations in sustainable mining and join the conversation.
