Australia’s underground mine productivity benchmarks are among the world’s best. There are a vast number of operating underground hard-rock mines in Australia producing coal or ore containing a variety of minerals and metals.
For Australian companies trying to enhance mining output in an ever-volatile environment, they must address a range of issues across the business to maximise value.
The mining industry in Australia is rapidly changing. The value of the Australian dollar has fallen, and mining equipment demand has vastly changed. As these changes continue to shape the industry, business owners must adapt to stay ahead.
Mining has been negatively impacted by recent changes in the global economy, however the equipment industry can expect positive results in upcoming years.
Despite hardships faced with job losses in the mining industry, a Freedonia report says that mining machinery demand will rise 7% globally for the next three years, until 2019. Read more
