← Critical Product/Equipment/Process: Metals, Mining & Materials (all topics)

Wear parts / mill liners

Business Model & Unit Economics · Contracting & revenue model

What it is

Consumable components that take the abrasion in crushing, grinding and material handling - mill liners, crusher jaws, screen panels and chute linings. They wear out on a duty cycle and are replaced regardless of capex conditions

Material choice runs from high-chrome alloys to rubber and composite designs

Impact on industries

  • Pure consumable annuity - demand follows tonnage processed rather than new equipment purchases, so it is counter-cyclical to capital spending
  • Wear life directly affects mill downtime, so customers buy on total cost per tonne rather than on part price
  • Application engineering and wear monitoring make the supplier hard to displace once specified into a mill
  • Requires metallurgy and foundry capability plus on-site technical service, so it is not a simple components business

Industries affected