At CPH Mining and Civil, we normally hear from clients who have questions on the benefits of buying versus renting equipment.
In this guide we’ll delve into the advantages of dry hire of mining and civil plant and fleet for your business needs.
In mining operations, having quality equipment is key to boosting efficiency and productivity so buying pricey machinery upfront might not always be the most economical choice for your business.
Dry hire of mining equipment is a cost-effective option that gives you the freedom to use the machinery without a significant initial investment requirement. Whether you need excavators or bulldozers, trucks or water trucks, renting part of your fleet offers benefits such as lower upkeep expenses, access to modern equipment and the flexibility to adjust your fleet needs accordingly.
In this extensive guide we’ll delve into the advantages of renting plant fleet and offer tips and insights to assist you in making informed choices for your mining and civil construction projects. From cutting expenses to enhancing productivity, you’ll learn how leasing equipment can set your business apart in a competitive market.
Let’s get started and explore the benefits of renting mining equipment.
Advantages of dry hire
When it comes to mining operations, access to high-quality equipment is crucial to increasing output and effectiveness. However, obtaining costly machinery upfront might not be the wisest budget choice for your operation. This is where leasing mining equipment, what we call ‘dry hire’, comes in – offering a versatile and lower entry cost alternative
With dry hire you get the required machinery for short or long periods without a hefty financial commitment upfront; this frees up your funds for other vital business needs instead and is especially helpful for smaller, to mid-sized mining firms that need to prioritise cash flow planning.
Dry hire also gives you the advantage of keeping up with innovations in plant fleet.
Original Equipment Manufacturers (OEMs) such as CAT, Komatsu and others frequently release updated models of mining equipment that provide new performance and safety features and technology advances.
Types of equipment available for hire
When it comes to dry hire of mining plant and fleet, there is an array of options to choose from. From heavy-duty excavators and bulldozers, to scrapers and transport trucks, your business can select the best plant fleet to meet your unique operational requirements.
Excavators are among the most popular leased types of mining fleet. They are available for use in a variety of tasks such as excavation and material handling in the mining industry, with a range of sizes and setups to suit different project requirements.
The dozer also stands out as an option for dry hire due to its ability to help with tasks like site preparation and earthmoving operations. These powerful machines can come with add-ons, like ripper blades or winches to expand their functionality and handle mining tasks effectively.
Water trucks and loaders may be needed alongside excavators and bulldozers for mining operations. Renting equipment can offer access to all these machines for short term projects or for changing requirements, without long term ownership commitments.
Factors to consider when choosing a hire company
When choosing a hire company for renting or leasing mining equipment it’s crucial to weigh up a few factors to make the best choice for your business needs. One essential aspect to keep in mind is the reputation and past performance of the company you’re considering.
Seeking out a mining equipment rental company like CPH Mining & Civil that has a track record of providing quality equipment and dependable service, with customer assistance in place, is our top recommendation.
Conduct investigations into the company’s background information and reputation, throughout their time in the industry, customer feedback and industry recognition, to assess their expertise and the level of service provided.
When choosing a company to hire from it’s also important to check the variety of equipment they have and its condition too. From excavators to specialised haulage trucks, make sure the hire company can meet your needs
Additionally, consider the ability of the equipment rental business to work with you to help assess your project needs and timelines.
Conclusion: Is mining equipment hire the right choice for your business?
In conclusion, mining equipment hire offers a versatile and cost-effective solution for businesses of all sizes operating in the mining industry. By leveraging the benefits of renting, you can access the high-quality machinery you need to maximise productivity, increase efficiency, and maintain a competitive edge in the market.
From reducing upfront capital expenditures to staying ahead with technological advancements, the advantages of equipment hire are numerous and compelling. Whether you require excavators or scrapers, dozers or water carts, the wide range of options available from CPH Mining & Civil can be tailored to meet the specific needs of your mining operations.
