Global Mining Industry Restructures for Changing Markets, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 08/01/13 -- The tale of the global mining industry is one of highs and lows. In recent years, the industry was riding high on a global mining boom. Large developing economies, such as China and India, couldn't get enough resources, and investments in resource-rich countries, such as Australia and Chile, skyrocketed. However, toward the end of 2012, demand dropped, leading to the current down cycle.
But while the market may be declining in the short term, there remains ample demand to sustain operational mines and the need for replacement capacity to offset declining ore grades.
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Contact:
Joe Govreau
(713) 783-5147
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Datum: 01.08.2013 - 04:15 Uhr
Sprache: Deutsch
News-ID 1250778
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