Mining Equipment Demand Surges as the Industry Adopts Automation

 

This Thomas Index Report is sponsored by AirBoss Rubber Solutions in Ontario, one of North America’s leading rubber compounders.

 

Hello again. This week, we’re going to take a look at sourcing for Mining Equipment and Supplies by users of the Thomasnet.com platform. Our data shows that sourcing activity for this category is on a seven-week upward trend.

Our firmographic buyer data shows that a significant amount of this sourcing activity is being generated by buyers in and around Ontario, Canada.

A review of ongoing projects in that area and neighboring Quebec show a huge number of mining operations for gold, diamonds, graphite, phosphate, lithium, iron ore, and other minerals. We predict some interesting sourcing activity by mining-related companies in the near future, as new technologies are making their way into the industry. 

According to the publication AZO Mining, 69 percent of mining companies now say they’re looking to introduce remote operations of some kind, while 29 percent are considering robotics and 27 percent are taking a look at using unmanned drones.

In addition to the category of Mining Equipment and Supplies, sourcing activity is also up in the related categories of Self-Dumping Hoppers, which is up 31 percent week-over-week. Deep Hole Drilling is up 46 percent week-over-week, and sourcing activity for Safety Equipment and Supplies is up a whopping 190 percent week-over-week on our platform.

Moving on from these categories, here’s a look at the top ten industrial product and service categories being sourced on the Thomasnet.com platform over the past four weeks:

 

  1. CNC Machining
  2. Injection Molded Plastics
  3. Metal Stampings
  4. Metal Fabrication
  5. Steel
  6. Corrugated Boxes
  7. Tube Fabrication & Bending Services
  8. Printed Circuit Boards
  9. Plastic Bottles
  10. Non-Destructive Testing Services

 

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Thanks for watching, and I’ll see you next week.

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