According to the report
analysis, ‘Copper, Nickel, Lead, And Zinc Mining Global Market
Report 2019’ states that the copper,
nickel, lead and zinc mining market efficiently comprises of sales of copper,
nickel, lead and zinc ores and focusses by numerous entities (organizations,
sole traders and partnerships) that mine copper, nickel, lead and zinc ores.
The industry involves the establishments that improve the mine sites, mine and renovate
the ores into copper, nickel, lead or zinc concentrates. The mining is either
through underground or surface mining techniques or both.
Additionally,
in the market of copper, nickel, lead and zinc mining, there are numerous key
players which recently performing more positively across the globe while
advancing the autonomous technologies on the sites, employing the skilled
labors at the sites and increasing requirement to the installation of
autonomous technologies includes Glencore plc, Corporacion Nacional del Cobre
de Chile (Codelco), BHP Billiton Ltd, Grupo Mexico, Freeport-McMoRan Inc and
several others.
Additionally,
based on the geography, the market of copper, nickel, lead, and Zinc mining is
spread across the globe which majorly involves the Asia Pacific region, South
America, Europe, and Rest of the World. Whereas, the Asia Pacific economy was
the largest region in the global copper, nickel, lead, and zinc mining market, significant
registering for 53% of the market in 2018. South America was the second foremost
economy dominating for 17% of the global copper, nickel, lead, and zinc mining
market. For instance, the Middle East was the smallest economy in the global
copper, nickel, lead, and zinc mining market.
The
effective usage of the autonomous hauling systems trucks in the mining industry
is significantly developing the production efficiency and decreasing the turnaround
time. The efficient Autonomous haulage systems control and trajectory the great
mining vehicle movements, coordinates and autonomously drives the off-highway
haul trucks operating in a mine. This system develops the productivity by minimalizing
delays, deducting the operating costs and decreasing the fuel consumption,
thereby decreasing carbon emissions. For example, RioTinto has previouslyemployed
AHS in their mines and has reported 13% deduction in load and haul operating
costs from the automated fleet.
Moreover,
the autonomous haulage truck are significantly used to transport the waste and
ore introduced in the mines. The Autonomous haulage trucks use the global
positioning system (GPS) to link with a centralized computer and several other
haulage trucks in the fleet. Such truck travel along a fixed route and can
function continuously. Not only has this, the autonomous haulage trucks deliver
the ease of maneuverability over short distances, such as a mining field, and
hence, the mining corporates prefer the trucks instead of rail vehicles.
The
autonomous haulage trucks are able of decreasing labor costs by up to 80%,
which in turn is propelling the requirement for the autonomous haulage trucks.
Nevertheless, the mining corporates are aimed on developing the overall
productivity of their mines and therefore, they are accepting developed
technologies in order to decrease the costs. Therefore, in the near years, it
is expected that the market of copper, nickel, lead, and zinc mining market
across the globe more positively over the coming years.
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