Mining Equipment Industry – Australia Market Data

Date: 2015-08

“• According to Kable sources, the global mining equipment industry in 2017 is estimated to increase at an annual growth rate of over 8.5%. Australia’s growth is forecasted to reach US$13 billion by 2017 with a CAGR over 6.5%.

• Hydraulic excavators and skid steer loaders are the major mining equipment that has grown steadily in the review period.

• Metal mining will continue as the largest mining activity in Australia, while coal mining leads gains.

• According to Kable sources, Australia is the leading producer of iron ore and coking coal, and the production of the commodities are estimated to reach 840 million tonnes and 210 million tonnes by 2018.”

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