Australia being one of the leading natural resources country in the world (among top five), heavily depends on direct and indirect interests of the mining industry. It is the No.1 producer of tantalum, alumina and bauxite and a among five world producers of gold, zinc, iron ore, copper, black coal, diamonds, lead, nickel, silver and uranium. Given the increased worldwide integration of the mining industry, prospective growth of this industry sector will heavily depend on the economic status of the country. New mines and projects are predicted to bring in more cash flow which will help spur mining sector. And so will the development of cutting-edge mining equipment.
Mining equipment sector is one of major contributors to the overall Australian economy with about $10 billion in annual revenue. Even when miners are not investing in new projects, they are still purchasing new mining equipment. In fact, according to the latest industry outlook reports, as of May 2014, there was a 3.3% increase in investment in new mining equipment in the first quarter. This is regardless of the fact that for the same period, total investments in new mining projects and structures tumbled 10%. Thus, it is no surprise mining equipment sector is of great importance to Australian economy.
Whether you have been in the mining business for quite some time or a novice to mining equipment, here you will find everything you need to ensure you are in tune with latest mining industry trends and news.
The grader blade is a small attachment that can be used to level, move and grade the ground surface. It can be mounted on different heavy-duty vehicles for completing variety of tasks. A reliable and quality grader blade dictates how the operator will perform over the surface. The grader blade can be used to give… continue reading →
