Industry Analysis & Industry Trends
The industry quarries and mines a wide range of rock, stone and related construction products. Crushed rock and stone, which is the industry's largest product segment, is projected to total 110.2 million tonnes in 2014-15 and account for almost half of the industry's revenue. Other key industry products include dimension stone (marble, granite, slate and sandstone), clay for tiles and bricks, and limestone. The bulk of output will be used by the local construction sector, either directly or as an input into other products such as cement and bricks. Other markets for the industry's products are building companies, and cement and concrete manufacturers.
The Rock, Limestone and Clay Mining industry is expected to generate revenue totalling $3.5... purchase to read more
Industry Report - Industry Investment Chapter
Capital expenditure levels across the industry are relatively high, reflecting the cost of establishing a new quarry or expanding an existing one. In addition to the site, specialised equipment, including crushing, grading and screening facilities, is required. The industry also makes extensive use of heavy earth moving equipment and some firms also have considerable capital tied up in stock, particularly in the case of high value items such as dimension stone.
To calculate the capital intensity level, IBISWorld uses data from the industry cost structure. Depreciation is used as a proxy for capital and wages are used as a proxy for labour. In 2014-15, depreciation is estimated to account for 5.8% of industry revenue, with wages estimated to account for 16.9%... purchase to read more