Global demand for specialized mining machinery and equipment such as jaw crusher, raymond mill (including separately sold parts and attachments) is projected to increase over five percent per year through 2011 to more than $30 billion. Advances will be fueled by continued demand for metals such as iron ore and copper. Also, the ongoing global thirst for energy will boost coal output.
Prices for mineable commodities (especially metals like copper and iron ore) have shown growth in recent years. This has led to intensified efforts to mine metal ores, and thus has generated strong demand for products like mining machinery. Meanwhile, coal, facing dwindling reserves in numerous countries, remains in demand as an alternative source of energy in an era of high oil and gas prices, while demand for industrial minerals (clays, sand and gravel, stone and a myriad of others) has benefitted from the general upsurge in commodities markets.
China has shown strong growth in mining equipment demand, a direct result of investment in its local mining industry. For example, coal output nearly doubled from 2001 to 2006, reflecting the nation’s intense need for energy. China is also a major source of commodities such as iron ore and bauxite. Other major Asian markets for mining equipment include Australia and India. Like China, India has experienced a major growth in coal output. Australia is a leading producer of bauxite and iron ore. Asia is expected to post strong gains in mining equipment demand through 2011, reflecting further gains in the China and India markets. Latin America, which has extensive mineable resources, will also post above average growth, reflecting more mining investment in nations like Brazil. Eastern Europe will also continue to provide opportunities, particularly in Russia.
The market demand is the driving force and innovative foundation of Hongxing machinery. Substantial precipitation and application of new technologies make Hongxing machinery to be the international leading level in science and technology content, technical performance and reliability and maintenance costs; professional service attitude and a deep sense of social responsibility is the inexhaustible power for Hongxing machinery to focus on mining machinery manufacturing. At the time when she improves product quality and improves production efficiency, she would reduce energy consumption and environmental pollution and try to do the green production, so as to achieve sustainable development.

上一篇： Care is always taken when building up surge piles 下一篇： Hongxing crusher is a good helper for construction