Lead Ore Mining include companies developing mine sites, mining and preparing lead ores including Smithsonite mining, Sphalerite mining, Willemite mining, Calamine mining, Cerrusite mining, Galena mining, Lead ore mining, and Lead-zinc ore mining.
The global lead mining market was valued at $18.1 billion in 2017. Asia Pacific was the largest geographic region accounting for $9.4 billion or 51.9% of the global market. China was the largest country accounting for $4.3 billion or 23.7% of the global lead mining market.
The implementation of IoT in lead mining industry is enhancing decision making capabilities and reduces production costs. IoT enables the sensors to pick up real time data, analyze the data, facilitate equipment communication, identifies faulty equipment and derive insights from the data generated. With fully integrated network, the mining equipment is monitored on real time basis and a report is projected on when the repairs or maintenance is required. In the near future, IoT is expected to become the standard in mining industry. According to the report published by Deloitte, globally, 69% of the mining companies are looking at remote monitoring and 29% at unmanned drones to improve their operations monitoring and productivity.
Companies Covered: Anglo American Plc, Vedanta Resources Plc, BHP Billiton Ltd., Hudbay Minerals Inc., Southern Copper Corporation
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