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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 | Mar 2015

Cool-down: Lower commodity prices create mining cost pressures, curbing industry demand

IBISWorld’s Contract Mining Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 10-15
1.0%
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, compared with controlling production in-house. Contract miners typically have access to a large pool of machinery and skilled employees that they can leverage to win business. The strength of Australia's Mining division is a crucial factor in determining industry performance.

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

Industry Report - Industry Products Chapter

Contract mining services range from the preparation of a mine site for the actual mining process, to undertaking the entire mining operation for a specified period. Some industry firms offer a narrow range of contract mining services or specialise in mining particular ores, while the large major players operate across the whole spectrum of contract mining services and ores.

Surface contract mining

Two techniques are used to extract resources that typically occur close to the surface: open-cut mining and strip mining. Open-cut mines are structured with benches or steps that slope progressively downwards to the centre of a pit where resources such as iron ore are extracted... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Contract Mining Services Industry?

Firms in the 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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