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News
The Near Future of Mining Industry
A market research, from the biggest heavy equipment manufacturing enterprise and graper-type machine and vehicle maker Caterpillar, shows that it is the initial stage of the global mining industry extension which will last for several years. This will bring another extension period and pull the market demand for mining machinery and equipment.
A few days ago, a heavy mining machine exhibition held in America verified Caterpillar’s survey. The mining machinery and heavy vehicle manufacturers have already got the order in the first half of next year. In this exhibition, the heavy mining machine valued 2 million are short supply. An Australian mining company wanted 10 but finally only bought 5. Mining machinery such as mining excavating machinery, push dozer, crude oil engine and coal mine underground mining machine if full orders in the first quarter of next year. Heavy mining machinery companies in America, Japan, Germany and Franc are all now in full production. In the autumn this year, mining and related companies’ stock market averagely grew up 19.9 per cent in the world main stock market.
Due to the global rapid expansion requirements for iron ore, coal and ore, mining raised new development boom all over the world. The mining industry association predicted that, driving China and India needs expansion, global minerals price rise continuously and thus push the speed of the merger process of mining companies. This association shows now the world mining boom of market promotion unprecedentedly and would last for several years. At present, mining companies all over the world begin to invest in buying in mining machine. For example, investment dollars of mining companies in Brazil and Australia will reach 300 million dollars in the latest 3 years, and those companies in China, India, South Africa and Canadian are also enlarging their investment in mining machines.
