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 Locations Chapter
The geographic spread of the industry tends to reflect that of overall mining output, and is therefore heavily weighted towards Western Australia and Queensland. Western Australia, with its large share of metal ore and mineral production, particularly iron ore and gold, is the most important region for contract mining. In 2014-15, Western Australia is estimated to account for 44.2% of industry revenue and 37.8% of industry establishments. A high proportion of industry firms that are headquartered in Western Australia are the industry's larger companies.
Queensland makes up for substantial coal, metal or and other mineral activity in Australia, and is the second-largest state for the industry. A high proportion of industry revenue is derived from coal mining activities... purchase to read more