Wire rope lubrication serves two main functions: reducing friction between strands and lubricating the core, and providing corrosion protection. There are two types of lubricants - penetrating lubricants that carry lubricant into the core and coating lubricants that seal the outside. Proper lubrication is important to prevent failure from inside the rope. Benefits include extending service life by reducing abrasive wear. A good penetrating lubricant adheres well, protects against corrosion and wear, and resists being washed away. The document recommends specific Molykote products for wire rope lubrication.