Mining Equipment Industry – Canada 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%. Canada’s growth is forecasted to reach US$3 billion by 2017 with a CAGR over 7.5%.

• Trucks are the major mining equipment that has grown steadily in the review period. From the previous year, the equipment has seen a growth of 29% in 2013.

• Metal mining will continue as the largest mining activity in Canada.

• According to Kable sources, Canada is the leading producer of nickel with the production estimated to reach 235 tonnes by 2018.”

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