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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 | Jul 2015

Minefield: Lower commodity prices create cost pressures, curbing industry demand

The Contract Mining Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 11-16
-2.9%
Annual Growth 16-21
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Profit
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Employment
21,620
Businesses
258
Industry Analysis & Industry Trends

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 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 preparing the mine site for production to undertaking the 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 major players operate across a range 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. Strip mining is a similar process, where wide trenches are cut to remove resources such as coal or bauxite... 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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