Of all mining equipment globally, surface mining equipment enjoyed the highest market share, around 31 per cent, in 2015. Mineral processing equipment, underground mining equipment, mining drills and breakers, crushing, pulverising and screening equipment, and other mining equipment lagged behind.
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Joy Global expands into underground hard rock
Through two major acquisitions, the leading mining equipment and service provider has established a clear presence in a new market for the company.
Looking East
While political differences may take a while to be ironed out, growing business collaborations between India and China are scripting a mutually benefiting story. China has shown keen interest to finance India´s infrastructure development
Modern mining equipment will be a key success factor
Equipment companies would like to see better procurement methodologies which are technology-driven rather than just low capital cost-oriented, Somnath Dutta Majumdar, Business Line Manager-Drilling Solutions, and Anirban Sen, Business Line Manager-Underground Rock Excavation, Atlas Copco