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Research Outline
Prepared for francis w. | Delivered April 9, 2020
US Mining Industry
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Goals
To locate the US mining industry market size, the equipment used in mining, and the fuel types used for mining in the US or North America.
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Early Findings
US Mining Industry Market Size
The US Mining market size in estimated to be
$642.5
billion in 2020.
In 2020, the market has an expected CAGR of
9.3
%.
The market growth from 2015-2020 was
7.6
%.
The market size of the Mining industry in the US increased faster than the economy overall.
US Mining Industry Profile
The
U.S. mining industry
consists of the search for, extraction,
b
e
n
e
f
i
c
i
a
t
i
o
n
, and processing of naturally occurring solid minerals from the earth. These mined minerals include coal, metals such as iron, copper, or zinc, and industrial minerals such as potash, limestone, and other crushed rocks.
Fuel Types
An Australian case study identified
diesel
as the significant energy source for the mining industry. Although this is not the US, it is a start in the research process and is most likely the same for the US.
Equipment
The
Kentucky Coal Education
project provides a comprehensive listing of equipment used in the mining industry:
Surveying
Longwall machines
Continuous miners
Roofbolters
Shuttle cars
Underground Rail
Ventilation fans
Rock dusters
Personnel vehicles
Scoops
D
r
a
g
l
i
n
e
s
Shovels
Loaders
Haul Trucks
Highwall Miner
B
l
a
s
t
h
o
l
e
Drills
D
o
z
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r
s
Graders
conveyors, underground and overland
barge
ship
railroad
trucks
coal sampling and testing laboratories
coal preparation equipment
Results of Initial Research
We were able to locate the market size and growth, along with a listing of the types of equipment used in mining.
We were not able to verify the fuel types used in the US, but located an Australian study as a starting point to locate the US information.
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