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Contract Mining Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Contract Mining Services Market Research Report | ANZSIC B1099 | Nov 2014

All mine: Mining companies are moving contract mining services in-house

IBISWorld’s Contract Mining Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 10-15
1.3%
Annual Growth 15-20
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Profit
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Employment
19,910
Businesses
244
Industry Analysis & Industry Trends

Contract miners provide services to mining companies to support mining production. Demand for industry services depends on the relative advantages that mining companies derive from outsourcing these processes to industry operators, compared with controlling production in-house. Contract miners typically have access to a large pool of machinery and skilled employees that they leverage to win business. The strength of Australia's Mining division is a crucial factor in industry performance.

Over the past decade, demand for commodities has been strong, particularly from China and other export destinations. During periods of strong demand, mining companies (i.e. the industry's client base) tend to shift focus towards planning new capacity... purchase to read more

Industry Report - Industry Analysis Chapter

The Contract Mining Services industry is highly dependent on trends in mining activity, particularly coal and iron ore mining. Mining companies outsource production functions to contract miners, particularly at times when they are focused on expansion activities such as exploration, supply chain management and marketing. Industry participants are typically paid based on production volumes mined under contract. The industry is best placed to win new operation contracts when the Mining division is expanding its asset base through increased investment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Contract Mining Services Industry?

Firms in this industry carry out stages of a mining operation as third parties on a fee or contract basis. Contract miners supply both machinery and skilled employees required to undertake activities on site.

Industry Products
Surface contract miningUnderground contract miningOil and gas extraction
 
Industry Activities
Surface contract mining servicesUnderground contract mining servicesOil and gas extraction on a contract basis


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