Mining companies rely heavily on fossil fuels to power their operations, a major contributor to operational costs as well as emissions. The prevalent use of diesel fuel in mining is also a concern for health and safety. In a bid to reduce its reliance on traditional fuel, the mining sector is starting to electrify its operations.
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WhatsApp: +86 18221755073Industry exports are anticipated to decrease in 2023.The formation of large coal companies will continue to generate new demand for advanced mining equipment from the industry. Total revenue for the Mining Equipment Manufacturing industry in China is forecast to increase an annualized 2.5% over the five years through 2028, to $85.6 billion.
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