As the mining sector buzzes back to pre-COVID levels of activity after a temporary slowdown, the demand for mining equipment and technology is skyrocketing. The global mining equipment market, estimated at USD 144.37 billion in 2019, is projected to grow at a CAGR of 12.7 percent from 2020 to 2027.
Latin America, especially, is witnessing a surge in mining activities. The increased demand for iron ore, copper, and gold— found in abundance in Latin America—in recent years is one of the main factors driving the region’s mining tech market expansion. Growing domestic and foreign investments in the local mining sector are giving the Latin American mining technology market a substantial boost. New regulations passed by local governments that push for sustainability in mining operations are leading mining companies to seek innovative technology that enhances their ESG scores, further contributing to market growth.
This edition of Metals and Mining Review brings the spotlight on the key developments in the mining technology space in Latin America and how mining companies are leveraging the latest tech solutions and market expertise to streamline and augment their mining operations. It features thought leadership articles from Serge Gaudin, Director, Sustainability & Strategy at Novelis and John Heerema, Manager Technical Services and Mario Pecchia, Regional Sales Representative at Gerdau. They speak about metal recycling as the gateway to decarbonization and the creation of a circular economy in the mining sector, and the implementation of stringent quality control and sustainable practices in processing mined steel to ensure high-grade steel products.
Along with that, the edition features Core Case, the designer and producer of eco-friendly, durable, and ergonomically designed drilling core sample storage boxes made from recycled plastic. The company’s core boxes are a marked improvement from generic wooden boxes used for storing and transporting the samples. In this edition featuring top mining tech companies, we hope you find the appropriate company suited to the needs of your mining operations.
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