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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 2014

Insourcing: The end of expansion projects has reduced demand for industry services

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
$10bn
Annual Growth 10-15
3.6%
Annual Growth 15-20
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Profit
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Employment
21,832
Businesses
90
Industry Analysis & Industry Trends

Contract miners provide services that support mining production. Demand for industry services depends on the relative advantages that mining companies derive from outsourcing production, 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 the Mining division is also a crucial factor in industry performance.

Over the past decade, demand for commodities has been strong. During these periods of strong demand, miners (the industry's client base) shift focus to planning new capacity. The core in-house functions undertaken by mining companies include exploration, supply chain management and marketing... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers into the industry are considerable. In particular, a large amount of capital is required to establish an operation. Firms need to invest heavily in large-scale equipment. Work also tends to be won by firms offering not only a competitive price, but also with an established track record. The industry has substantial working capital requirements. Firms need to be able to fund activity until progress payments are made. In some cases (mainly mine development), firms may be required to lodge a bond with their customer. Firms also need to be globally competitive, since mining is dominated by large multinational operators accustomed to dealing with a range of service providers across the globe... 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 miningUnderground contract miningOil and gas extraction on a contract basis


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