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The diversification of the global mining equipment industry – Going new places?

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  • Farooki, Masuma

Abstract

This paper examines the profile of the global mining equipment supply industry, looking at the largest producers and consumers of mining equipment, tracking the changes in global flows of such equipment over the past decade. This paper shows that while the conventional producers of mining equipment (United States, Germany and Japan) have increased exports over the mining boom, the greater gain has been made by countries in the South (particularly China). The destination market for mining equipment has also begun to change, increasingly moving towards new mining sites (in Africa, East Asia and Latin America) and away from the traditional mining countries (Europe and North America). In SSA, China increasingly accounts for a rapidly growing share of mining equipment imports, but this trend is associated with the general increase in imports from China rather than China's resource specific engagement with SSA.

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  • Farooki, Masuma, 2012. "The diversification of the global mining equipment industry – Going new places?," Resources Policy, Elsevier, vol. 37(4), pages 417-424.
    • Handle: RePEc:eee:jrpoli:v:37:y:2012:i:4:p:417-424
    DOI: 10.1016/j.resourpol.2012.06.006
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    References listed on IDEAS

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    1. Radetzki, Marian & Eggert, Roderick G. & Lagos, Gustavo & Lima, Marcos & Tilton, John E., 2008. "The boom in mineral markets: How long might it last?," Resources Policy, Elsevier, vol. 33(3), pages 125-128, September.
    2. Bartos, Paul J., 2007. "Is mining a high-tech industry: Investigations into innovation and productivity advance," Resources Policy, Elsevier, vol. 32(4), pages 149-158, December.
    3. Filippou, Dimitrios & King, Michael G., 2011. "R&D prospects in the mining and metals industry," Resources Policy, Elsevier, vol. 36(3), pages 276-284, September.
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    Cited by:

    1. Narula, Rajneesh, 2018. "Multinational firms and the extractive sectors in the 21st century: Can they drive development?," Journal of World Business, Elsevier, vol. 53(1), pages 85-91.
    2. Kragelund, Peter, 2017. "The making of local content policies in Zambia's copper sector: Institutional impediments to resource-led development," Resources Policy, Elsevier, vol. 51(C), pages 57-66.
    3. Beatriz Calzada Olvera, 2022. "Innovation in mining: what are the challenges and opportunities along the value chain for Latin American suppliers?," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 35(1), pages 35-51, March.
    4. Sam Mitra, 2019. "Depletion, technology, and productivity growth in the metallic minerals industry," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 32(1), pages 19-37, April.
    5. Kavilal, E.G. & Prasanna Venkatesan, S. & Harsh Kumar, K.D., 2017. "An integrated fuzzy approach for prioritizing supply chain complexity drivers of an Indian mining equipment manufacturer," Resources Policy, Elsevier, vol. 51(C), pages 204-218.

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