The underground mining equipment market is expected to grow 6% over the forecast timeline owing to the rise in demand for the metals and minerals in several industrial sectors. The demand and consumption of metals in the manufacturing sector for the development of tools, machines, and other accessories, which are utilized in the processing of industrial products are growing at a rapid pace.
This demand is met by developing machines with advanced technologies to perform underground extraction operations, thereby driving the mining machinery market.
TESMEC in Nigeria: Romano Pisciotti (ITALMOTOR)