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18:17 | 08.03.2018
Global Metal Ore Mining Market Report 2018 – Use of Robots is Improving the Efficiency and Productivity of Mines and Reducing Operational Costs – ResearchAndMarkets.com

The “Metal
Ore Mining Market Global Briefing 2018” report has been added
to ResearchAndMarkets.com’s offering.

Asia Pacific was the largest region in the metal ore mining market in
2017, accounting for around 80% 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 over 5% market share. Eastern Europe was the smallest
region accounting for around 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.
Report Sections
The market characteristics section of the report defines and explains
the market.

The market size section gives the metal ore mining market revenues,
covering both the historic growth of the market and forecasting the
future.

Drivers and restraints looks at the external factors supporting and
controlling the growth of the market.

Market segmentations break down the key sub sectors which make up the
market. The regional breakdowns section gives the size of the market
geographically.

Competitive landscape gives a description of the competitive nature of
the market, market shares, and a description of the leading companies.
Key financial deals which have shaped the market in the last three
years are identified.

The trends and strategies section highlights the likely future
developments in the metal ore mining market and suggests approaches.
Scope
Markets Covered: Gold, Iron, Silver, Uranium, Vanadium, and All Other
Metal Ore Mining.

Time Series: Five years historic (2013-17) and forecast (2017-21).

Data: Market value in $ billions.

Data Segmentations: Regional breakdowns, market share of competitors,
key sub segments.
Companies Mentioned
Rio Tinto Plc

Vale SA

BHP Billiton Ltd

Barrick Gold

Anglo American Plc

Fortescue Metals Group Ltd

Newmont Mining Corporation

AngloGold Ashanti

Kinross Gold

Gold Corp

For more information about this report visit https://www.researchandmarkets.com/research/hp8bxf/global_metal_ore?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20180308005955/en/


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