What is the Contract Mining Services industry?
Contract miners provide services to mining companies to support mining production. Demand for industry services is driven by the relative cost and output advantages that mining companies derive from outsourcing these processes, compared with controlling production in-house. Contract miners typically have access to a large pool of mining machinery and equipment, and skilled employees to meet client needs. The strength of Australia's Mining division is a crucial factor in determining the industry's performance.
The Contract Mining Services industry is highly dependent on trends in mining activity, particularly for black coal and iron ore mining... purchase to read more