Mining Equipment Industry – Chile 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%. Chile’s growth is forecasted to reach US$4.1 billion by 2017 with a CAGR over 7%.

• Trucks remain the only mining equipment that has grown steadily in the review period. From the previous year, the equipment has seen a growth of 15% in 2013

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

• According to Kable sources, Chile is the largest producer of copper with the production estimated to reach 3.8 million tonnes by 2018.”

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