Metal Ore Mining Global Market Report 2018

Metal Ore Mining Global Market Report 2018
Starting Price : $ 6000.00 | Pages : 250 | Published : February 2018

SKU CODE : 3070 | Format :

Metal ore mining industry primarily covers mining of metallic minerals and development of mine sites. It also includes ore dressing, and other beneficiating operations such as crushing, grinding, washing, drying, sintering, concentrating, calcining, and leaching. The metal ore mining market in this report is segmented into gold ore mining, iron ore mining, silver ore mining, uranium ore mining, vanadium ore mining and all other metal ore mining.

Asia Pacific was the largest region in the metal ore mining market in 2017, accounting for 79% market share. This is mainly because most countries in the region have large mineral resources and demand. Asia Pacific makes up almost two-thirds of the global non-ferrous mineral exploration expenditure. Africa was the second largest region accounting for 5% market share. Eastern Europe was the smallest region accounting for 1% market share.

The use of robots in the metal ore mining industry is improving the efficiency and productivity of mines and reduces operational costs. Robotics is significantly increasing the mining capabilities by rolling out autonomous trucks and drills, thus reducing the need for human workforce. Robots are used in some critical mining activities such as drilling, blasting explosives in the mines, and guiding and driving off-highway haul trucks operating in mines. RioTinto has deployed driverless trucks and robotic rock drilling rigs to haul the ore 24 hours a day and reported 15% reduction in operating costs. For instance, BHP Billiton has also rolled out driverless trucks and drills in its iron ore mines.
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