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The demand for corrosion remediation and preventon has grown significanty in recent years due to increased awareness of companies on the actual high cost of facilities, machines and equipment failure and subsequent requirement for replacements or repairs due to corrosion. The real cost burden is sgnificantly higher if we take into account the resultant increased downtime and lost production.

Corrosion represents a significant cost burden to the mining industry. Recent reviews indicate that the true cost of corrosion is as high as 3% of the gross domestic product (GDP), which represents a figure of $60 billion/year. The substantial savings from the enhancenment to life span of facilities and equipment as well as the reduction of downtime far outweighs the relatively low investment expenditure for a corrosion remediation and prevention program.