Industry Analysis & Industry Trends
The Rock, Limestone and Clay Mining industry is estimated to generate revenue of $3.4 billion in 2013-14, up from $3.3 billion in 2008-09 at an annualised 0.8% for the five years. Industry revenue is expected to expand by 3.2% in 2013-14, building on the gains of the previous two years. This growth reflects the expected pick up in construction and building activity and growing demand for rock, stone and clay. Total construction activity has increased due to growth in infrastructure development, residential unit construction and road construction projects that use industry products. Despite this large gain, growth for the five years through 2013-14 is expected to be low due to a sharp decline in 2009-10 and a small fall in 2010-11.
The industry produces a wide range of products... purchase to read more
Industry Report - Industry Analysis Chapter
The performance of the Rock, Limestone and Clay Mining industry depends greatly upon the overall level of construction and building activity across the economy, the mix of products quarried and mined each year, and the price of these products in the market. Industry products are used extensively within the Construction division, particularly crushed rock and stone for infrastructure projects and road construction. Building construction companies use dimension stone and other rock and stone products for building decoration and other internal uses, as well as for landscaping and drainage solutions. Limestone, clay and aggregates are used by concrete, cement, brick and tile manufacturers, which supply building and construction companies... purchase to read more