World Mining Equipment

As Quoted In ForConstructionPros

Gains will be spurred by voracious demand for mined materials in developing nations as industrial output increases, with machinery used to mine of iron ore and bauxite growing the fastest.

World demand to rise 8.6% annually through 2017

Global demand for mining machinery is forecast to expand 8.6 percent per year through 2017 to $135 billion despite some sales weakness in the short term. Gains will be spurred by voracious demand for mined materials in China, India, and other developing nations as industrial output increases. Global patterns of investment in mining capacity will be determined in large part by these industrializing countries, as resource companies look to capitalize on new sales opportunities. Rapid gains in mining equipment demand will occur in large developing markets such as Brazil, China, and India, with China being the largest purchaser. Demand for machinery used in the mining of iron ore and bauxite will climb at the fastest rates of any market, supported by strong steel and aluminum demand and related investment in new mining projects.

Asia/Pacific region to see greatest sales growth

The greatest sales growth through 2017 is expected to occur in the large Asia/Pacific region, fueled by substantial investments in new mine production capacity in several nations. Strong gains will also be recorded in South America, as mining companies look to develop the region’s sizable deposits of bauxite, copper, and iron ore. The dissipation of recent copper oversupply issues will allow prices to recover and boost associated mining equipment demand in areas rich in copper, such as Chile and Peru. The Africa/Mideast region will post the next fastest advances, followed by Eastern and Western Europe, and North America. In developed areas, a recovery in construction spending and manufacturing output will boost demand for nearly all types of mined materials, although more emphasis on environmentally friendly electricity will dampen thermal coal output.

Metals mining equipment to grow the fastest

While metals accounts for a smaller share of mine output than minerals and coal in volume terms, machinery used in metals mining represents the largest segment of the global market. This is due to the large amount of ore that typically must be removed per metric ton of primary metal product output. Demand for metals mining equipment will also rise at the most rapid pace through 2017, stimulated by steel and aluminum production. An expansion in construction spending and agricultural output as the global population continues to increase will boost consumption of construction aggregates and fertilizer minerals such as phosphate rock, as well as sales of related equipment. Growth in primary metals manufacturing and increased global energy demand will spur gains in coal mining machinery sales, as will ongoing efforts to mechanize coal mining operations in China.

Study coverage

This study analyzes the $89.5 billion world mining equipment industry. It presents historical demand data for 2002, 2007 and 2012, and forecasts for 2017 and 2022 by market (metals mining, coal mining, minerals mining), product (e.g., surface mining machinery; underground mining machinery; mining drills and breakers; crushing, pulverizing and screening equipment; mineral processing machinery), world region, and for 29 countries.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 42 industry competitors, including Caterpillar, Komatsu and Sandvik.

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  1. World Mining Equipment

    $6,300.00

    1. 1 INTRODUCTION

      $323.00

    2. 2 EXECUTIVE SUMMARY

      $323.00

      1. Table | WORLD MINING EQUIPMENT DEMAND

    3. 3 MARKET ENVIRONMENT

      $1,795.00

      1. 3.1 General

        $323.00

      2. 3.2 World Economic Overview

        $323.00

        1. 3.2.1 Recent Historical Trends

          $323.00

        2. 3.2.2 World Economic Outlook

          $323.00

          1. Table | WORLD GROSS DOMESTIC PRODUCT BY REGION

      3. 3.3 World Population Outlook

        $323.00

        1. Table | WORLD POPULATION BY REGION

      4. 3.4 World Manufacturing Trends

        $323.00

        1. Table | WORLD MANUFACTURING VALUE ADDED BY REGION

      5. 3.5 World Electric Power Generation Outlook

        $323.00

        1. Table | WORLD ELECTRIC POWER GENERATION BY SOURCE & REGION

      6. 3.6 World Gross Fixed Investment Trends

        $323.00

        1. Table | WORLD GROSS FIXED INVESTMENT BY REGION

      7. 3.7 World Mining Outlook

        $535.00

        1. CHART II-1 WORLD COMMODITY PRICE TRENDS, 2002-2012

        2. Table | WORLD MINING OUTPUT BY TYPE & REGION

        3. CHART II-2 WORLD MINING OUTPUT BY REGION, 2012

        4. 3.7.1 Minerals

          $323.00

          1. Table | WORLD MINERALS MINING OUTPUT BY TYPE & REGION

        5. 3.7.2 Metals

          $323.00

          1. Table | WORLD METALS MINING OUTPUT BY TYPE & REGION

        6. 3.7.3 Coal

          $323.00

          1. Table | WORLD COAL MINING OUTPUT BY TYPE & REGION

      8. 3.8 Pricing Patterns

        $323.00

        1. Table | WORLD MINING EQUIPMENT PRICES

        2. CHART II-3 WORLD MINING EQUIPMENT PRICES, 2002-2022

      9. 3.9 Technology Trends

        $323.00

      10. 3.10 Used & Rebuilt Equipment

        $323.00

      11. 3.11 Legal & Regulatory Environment

        $323.00

    4. 4 OVERVIEW

      $1,231.00

      1. 4.1 General

        $323.00

      2. 4.2 Regional Overview

        $325.00

        1. 4.2.1 Demand

          $323.00

          1. Table | WORLD MINING EQUIPMENT DEMAND BY REGION

          2. CHART III-1 WORLD MINING EQUIPMENT DEMAND BY REGION, 2012

          3. CHART III-2 WORLD MINING EQUIPMENT DEMAND: PROJECTED 2012-2017 ANNUAL RATE OF GROWTH

        2. 4.2.2 Production

          $323.00

          1. Table | WORLD MINING EQUIPMENT SHIPMENTS BY REGION

          2. CHART III-3 WORLD MINING EQUIPMENT SHIPMENTS BY REGION, 2012

        3. 4.2.3 International Trade

          $323.00

          1. Table | WORLD MINING EQUIPMENT NET EXPORTS BY REGION

      3. 4.3 Demand by Market

        $323.00

        1. Table | WORLD MINING EQUIPMENT DEMAND BY MARKET

        2. CHART III-4 WORLD MINING EQUIPMENT DEMAND BY MARKET, 2012

        3. 4.3.1 Metals Mining

          $323.00

          1. Table | WORLD METALS MINING EQUIPMENT DEMAND BY TYPE OF METAL & REGION

        4. 4.3.2 Coal Mining

          $323.00

          1. Table | WORLD COAL MINING EQUIPMENT DEMAND BY TYPE OF COAL & REGION

        5. 4.3.3 Minerals Mining

          $323.00

          1. Table | WORLD MINERALS MINING EQUIPMENT DEMAND BY TYPE OF MINERAL & REGION

      4. 4.4 Demand by Product

        $563.00

        1. Table | WORLD MINING EQUIPMENT DEMAND BY PRODUCT

        2. CHART III-5 WORLD MINING EQUIPMENT DEMAND BY PRODUCT, 2012

        3. 4.4.1 Surface Mining Machinery

          $323.00

          1. Table | WORLD SURFACE MINING MACHINERY DEMAND BY TYPE & REGION

        4. 4.4.2 Underground Mining Machinery

          $323.00

          1. Table | WORLD UNDERGROUND MINING MACHINERY DEMAND BY REGION

        5. 4.4.3 Mining Drills & Breakers

          $323.00

          1. Table | WORLD MINING DRILL & BREAKER DEMAND BY REGION

        6. 4.4.4 Crushing, Pulverizing, &Screening Equipment

          $323.00

          1. Table | WORLD CRUSHING, PULVERIZING, &SCREENING EQUIPMENT DEMAND BY TYPE & REGION

        7. 4.4.5 Mineral Processing & Other Machinery

          $323.00

          1. Table | WORLD MINERAL PROCESSING & OTHER MACHINERY DEMAND BY REGION

        8. 4.4.6 Mining Equipment Parts & Attachments

          $323.00

          1. Table | WORLD MINING EQUIPMENT PARTS & ATTACHMENTS DEMAND BY REGION

    5. 5 NORTH AMERICA

      $1,115.00

      1. 5.1 North America: General

        $323.00

      2. 5.2 North America: Mining Equipment Supply & Demand

        $323.00

        1. Table | NORTH AMERICA: MINING EQUIPMENT SUPPLY & DEMAND

        2. CHART IV-1 NORTH AMERICA: MINING EQUIPMENT DEMAND BY COUNTRY, 2012

      3. 5.3 North America: Mining Equipment Outlook

        $323.00

        1. Table | NORTH AMERICA: MINING EQUIPMENT DEMAND BY MARKET

      4. 5.4 United States

        $323.00

        1. 5.4.1 United States: General

          $323.00

        2. 5.4.2 United States: Mining Equipment Supply & Demand

          $323.00

          1. Table | UNITED STATES: MINING EQUIPMENT SUPPLY & DEMAND

        3. 5.4.3 United States: Mining Equipment Outlook

          $323.00

          1. Table | UNITED STATES: MINING EQUIPMENT DEMAND BY MARKET

      5. 5.5 Canada

        $323.00

        1. 5.5.1 Canada: General

          $323.00

        2. 5.5.2 Canada: Mining Equipment Supply & Demand

          $323.00

          1. Table | CANADA: MINING EQUIPMENT SUPPLY & DEMAND

        3. 5.5.3 Canada: Mining Equipment Outlook

          $323.00

          1. Table | CANADA: MINING EQUIPMENT DEMAND BY MARKET

      6. 5.6 Mexico

        $323.00

        1. 5.6.1 Mexico: General

          $323.00

        2. 5.6.2 Mexico: Mining Equipment Supply & Demand

          $323.00

          1. Table | MEXICO: MINING EQUIPMENT SUPPLY & DEMAND

        3. 5.6.3 Mexico: Mining Equipment Outlook

          $323.00

          1. Table | MEXICO: MINING EQUIPMENT DEMAND BY MARKET

    6. 6 WESTERN EUROPE

      $1,873.00

      1. 6.1 Western Europe: General

        $323.00

      2. 6.2 Western Europe: Mining Equipment Supply & Demand

        $323.00

        1. Table | WESTERN EUROPE: MINING EQUIPMENT SUPPLY & DEMAND

        2. CHART V-1 WESTERN EUROPE: MINING EQUIPMENT DEMAND BY COUNTRY, 2012

      3. 6.3 Western Europe: Mining Equipment Outlook

        $323.00

        1. Table | WESTERN EUROPE: MINING EQUIPMENT DEMAND BY MARKET

      4. 6.4 Germany

        $323.00

        1. 6.4.1 Germany: General

          $323.00

        2. 6.4.2 Germany: Mining Equipment Supply & Demand

          $323.00

          1. Table | GERMANY: MINING EQUIPMENT SUPPLY & DEMAND

        3. 6.4.3 Germany: Mining Equipment Outlook

          $323.00

          1. Table | GERMANY: MINING EQUIPMENT DEMAND BY MARKET

      5. 6.5 Italy

        $323.00

        1. 6.5.1 Italy: General

          $323.00

        2. 6.5.2 Italy: Mining Equipment Supply & Demand

          $323.00

          1. Table | ITALY: MINING EQUIPMENT SUPPLY & DEMAND

        3. 6.5.3 Italy: Mining Equipment Outlook

          $323.00

          1. Table | ITALY: MINING EQUIPMENT DEMAND BY MARKET

      6. 6.6 France

        $323.00

        1. 6.6.1 France: General

          $323.00

        2. 6.6.2 France: Mining Equipment Supply & Demand

          $323.00

          1. Table | FRANCE: MINING EQUIPMENT SUPPLY & DEMAND

        3. 6.6.3 France: Mining Equipment Outlook

          $323.00

          1. Table | FRANCE: MINING EQUIPMENT DEMAND BY MARKET

      7. 6.7 United Kingdom

        $323.00

        1. 6.7.1 United Kingdom: General

          $323.00

        2. 6.7.2 United Kingdom: Mining Equipment Supply & Demand

          $323.00

          1. Table | UNITED KINGDOM: MINING EQUIPMENT SUPPLY & DEMAND

        3. 6.7.3 United Kingdom: Mining Equipment Outlook

          $323.00

          1. Table | UNITED KINGDOM: MINING EQUIPMENT DEMAND BY MARKET

      8. 6.8 Spain

        $323.00

        1. 6.8.1 Spain: General

          $323.00

        2. 6.8.2 Spain: Mining Equipment Supply & Demand

          $323.00

          1. Table | SPAIN: MINING EQUIPMENT SUPPLY & DEMAND

        3. 6.8.3 Spain: Mining Equipment Outlook

          $323.00

          1. Table | SPAIN: MINING EQUIPMENT DEMAND BY MARKET

      9. 6.9 Other Western Europe

        $422.00

        1. 6.9.1 Other Western Europe: General

          $323.00

        2. 6.9.2 Other Western Europe: Mining Equipment Supply & Demand

          $323.00

          1. Table | OTHER WESTERN EUROPE: MINING EQUIPMENT SUPPLY & DEMAND

        3. 6.9.3 Other Western Europe: Mining Equipment Outlook

          $323.00

          1. Table | OTHER WESTERN EUROPE: MINING EQUIPMENT DEMAND BY MARKET

        4. 6.9.4 Other Western Europe: Mining Equipment Outlook by Country

          $323.00

          1. Table | OTHER WESTERN EUROPE: MINING EQUIPMENT SUPPLY & DEMAND BY COUNTRY

    7. 7 ASIA/PACIFIC

      $2,687.00

      1. 7.1 Asia/Pacific: General

        $323.00

      2. 7.2 Asia/Pacific: Mining Equipment Supply & Demand

        $323.00

        1. Table | ASIA/PACIFIC: MINING EQUIPMENT SUPPLY & DEMAND

        2. CHART VI-1 ASIA/PACIFIC: MINING EQUIPMENT DEMAND BY COUNTRY, 2012

      3. 7.3 Asia/Pacific: Mining Equipment Outlook

        $323.00

        1. Table | ASIA/PACIFIC: MINING EQUIPMENT OUTLOOK

      4. 7.4 China

        $323.00

        1. 7.4.1 China: General

          $323.00

        2. 7.4.2 China: Mining Equipment Supply & Demand

          $323.00

          1. Table | CHINA: MINING EQUIPMENT SUPPLY & DEMAND

        3. 7.4.3 China: Mining Equipment Outlook

          $323.00

          1. Table | CHINA: MINING EQUIPMENT DEMAND BY MARKET

      5. 7.5 Australia

        $325.00

        1. 7.5.1 Australia: General

          $323.00

        2. 7.5.2 Australia: Mining Equipment Supply & Demand

          $323.00

          1. Table | AUSTRALIA: MINING EQUIPMENT SUPPLY & DEMAND

        3. 7.5.3 Australia: Mining Equipment Outlook

          $323.00

          1. Table | AUSTRALIA: MINING EQUIPMENT DEMAND BY MARKET

      6. 7.6 India

        $323.00

        1. 7.6.1 India: General

          $323.00

        2. 7.6.2 India: Mining Equipment Supply & Demand

          $323.00

          1. Table | INDIA: MINING EQUIPMENT SUPPLY & DEMAND

        3. 7.6.3 India: Mining Equipment Outlook

          $323.00

          1. Table | INDIA: MINING EQUIPMENT DEMAND BY MARKET

      7. 7.7 Indonesia

        $323.00

        1. 7.7.1 Indonesia: General

          $323.00

        2. 7.7.2 Indonesia: Mining Equipment Supply & Demand

          $323.00

          1. Table | INDONESIA: MINING EQUIPMENT SUPPLY & DEMAND

        3. 7.7.3 Indonesia: Mining Equipment Outlook

          $323.00

          1. Table | INDONESIA: MINING EQUIPMENT DEMAND BY MARKET

      8. 7.8 Kazakhstan

        $323.00

        1. 7.8.1 Kazakhstan: General

          $323.00

        2. 7.8.2 Kazakhstan: Mining Equipment Supply & Demand

          $323.00

          1. Table | KAZAKHSTAN: MINING EQUIPMENT SUPPLY & DEMAND

        3. 7.8.3 Kazakhstan: Mining Equipment Outlook

          $323.00

          1. Table | KAZAKHSTAN: MINING EQUIPMENT DEMAND BY MARKET

      9. 7.9 Japan

        $323.00

        1. 7.9.1 Japan: General

          $323.00

        2. 7.9.2 Japan: Mining Equipment Supply & Demand

          $323.00

          1. Table | JAPAN: MINING EQUIPMENT SUPPLY & DEMAND

        3. 7.9.3 Japan: Mining Equipment Outlook

          $323.00

          1. Table | JAPAN: MINING EQUIPMENT DEMAND BY MARKET

      10. 7.10 Thailand

        $323.00

        1. 7.10.1 Thailand: General

          $323.00

        2. 7.10.2 Thailand: Mining Equipment Supply & Demand

          $323.00

          1. Table | THAILAND: MINING EQUIPMENT SUPPLY & DEMAND

        3. 7.10.3 Thailand: Mining Equipment Outlook

          $323.00

          1. Table | THAILAND: MINING EQUIPMENT DEMAND BY MARKET

      11. 7.11 South Korea

        $323.00

        1. 7.11.1 South Korea: General

          $323.00

        2. 7.11.2 South Korea: Mining Equipment Supply & Demand

          $323.00

          1. Table | SOUTH KOREA: MINING EQUIPMENT SUPPLY & DEMAND

        3. 7.11.3 South Korea: Mining Equipment Outlook

          $323.00

          1. Table | SOUTH KOREA: MINING EQUIPMENT DEMAND BY MARKET

      12. 7.12 Other Asia/Pacific

        $323.00

        1. 7.12.1 Other Asia/Pacific: General

          $323.00

        2. 7.12.2 Other Asia/Pacific: Mining Equipment Supply & Demand

          $323.00

          1. Table | OTHER ASIA/PACIFIC: MINING EQUIPMENT SUPPLY & DEMAND

        3. 7.12.3 Other Asia/Pacific: Mining Equipment Outlook

          $323.00

          1. Table | OTHER ASIA/PACIFIC: MINING EQUIPMENT DEMAND BY MARKET

    8. 8 OTHER REGIONS

      $4,122.00

      1. 8.1 Central & South America

        $1,543.00

        1. 8.1.1 Central & South America: General

          $323.00

        2. 8.1.2 Central & South America: Mining Equipment Supply & Demand

          $323.00

          1. Table | CENTRAL & SOUTH AMERICA: MINING EQUIPMENT SUPPLY & DEMAND

          2. CHART VII-1 CENTRAL & SOUTH AMERICA: MINING EQUIPMENT DEMAND BY COUNTRY, 2012

        3. 8.1.3 Central & South America: Mining Equipment Outlook

          $323.00

          1. Table | CENTRAL & SOUTH AMERICA: MINING EQUIPMENT DEMAND BY MARKET

        4. 8.1.4 Brazil

          $323.00

          1. Table | BRAZIL: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | BRAZIL: MINING EQUIPMENT DEMAND BY MARKET

        5. 8.1.5 Chile

          $323.00

          1. Table | CHILE: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | CHILE: MINING EQUIPMENT DEMAND BY MARKET

        6. 8.1.6 Peru

          $323.00

          1. Table | PERU: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | PERU: MINING EQUIPMENT DEMAND BY MARKET

        7. 8.1.7 Other Central & South America

          $473.00

          1. Table | OTHER CENTRAL & SOUTH AMERICA: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | OTHER CENTRAL & SOUTH AMERICA: MINING EQUIPMENT DEMAND BY MARKET

          3. Table | OTHER CENTRAL & SOUTH AMERICA: MINING EQUIPMENT SUPPLY & DEMAND BY COUNTRY

      2. 8.2 Eastern Europe

        $1,257.00

        1. 8.2.1 Eastern Europe: General

          $323.00

        2. 8.2.2 Eastern Europe: Mining Equipment Supply & Demand

          $323.00

          1. Table | EASTERN EUROPE: MINING EQUIPMENT SUPPLY & DEMAND

          2. CHART VII-2 EASTERN EUROPE: MINING EQUIPMENT DEMAND BY COUNTRY, 2012

        3. 8.2.3 Eastern Europe: Mining Equipment Outlook

          $323.00

          1. Table | EASTERN EUROPE: MINING EQUIPMENT DEMAND BY MARKET

        4. 8.2.4 Russia

          $323.00

          1. Table | RUSSIA: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | RUSSIA: MINING EQUIPMENT DEMAND BY MARKET

        5. 8.2.5 Ukraine

          $323.00

          1. Table | UKRAINE: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | UKRAINE: MINING EQUIPMENT DEMAND BY MARKET

        6. 8.2.6 Poland

          $323.00

          1. Table | POLAND: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | POLAND: MINING EQUIPMENT DEMAND BY MARKET

        7. 8.2.7 Other Eastern Europe

          $323.00

          1. Table | OTHER EASTERN EUROPE: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | OTHER EASTERN EUROPE: MINING EQUIPMENT DEMAND BY MARKET

      3. 8.3 Africa/Mideast

        $1,323.00

        1. 8.3.1 Africa/Mideast: General

          $323.00

        2. 8.3.2 Africa/Mideast: Mining Equipment Supply & Demand

          $323.00

          1. Table | AFRICA/MIDEAST: MINING EQUIPMENT SUPPLY & DEMAND

          2. CHART VII-3 AFRICA/MIDEAST: MINING EQUIPMENT DEMAND BY COUNTRY, 2012

        3. 8.3.3 Africa/Mideast: Mining Equipment Outlook

          $323.00

          1. Table | AFRICA/MIDEAST: MINING EQUIPMENT DEMAND BY MARKET

        4. 8.3.4 South Africa

          $323.00

          1. Table | SOUTH AFRICA: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | SOUTH AFRICA: MINING EQUIPMENT DEMAND BY MARKET

        5. 8.3.5 Iran

          $323.00

          1. Table | IRAN: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | IRAN: MINING EQUIPMENT DEMAND BY MARKET

        6. 8.3.6 Turkey

          $323.00

          1. Table | TURKEY: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | TURKEY: MINING EQUIPMENT DEMAND BY MARKET

        7. 8.3.7 Other Africa/Mideast

          $323.00

          1. Table | OTHER AFRICA/MIDEAST: MINING EQUIPMENT SUPPLY & DEMAND

          2. Table | OTHER AFRICA/MIDEAST: MINING EQUIPMENT DEMAND BY MARKET

    9. 9 INDUSTRY STRUCTURE

      $6,339.00

      1. 9.1 General

        $323.00

      2. 9.2 Industry Composition

        $323.00

        1. Table | MINING EQUIPMENT SALES BY COMPANY, 2012

      3. 9.3 Market Share

        $323.00

        1. CHART VIII-1 WORLD MINING EQUIPMENT MARKET SHARE, 2012

      4. 9.4 Product Development & Manufacturing

        $323.00

      5. 9.5 Marketing & Distribution

        $323.00

      6. 9.6 Cooperative Agreements

        $323.00

        1. Table | SELECTED COOPERATIVE AGREEMENTS

      7. 9.7 Financial Issues & Requirements

        $323.00

      8. 9.8 Mergers, Acquisitions, &Industry Restructuring

        $323.00

        1. Table | SELECTED ACQUISITIONS & DIVESTITURES

      9. 9.9 Company Profiles

        $6,339.00

        1. 9.9.1 Astec Industries Incorporated

          $339.00

        2. 9.9.2 Atlas Copco AB

          $348.00

        3. 9.9.3 Belarusian Autoworks OJSC

          $323.00

        4. 9.9.4 Bell Equipment Limited

          $323.00

        5. 9.9.5 BEML Limited

          $323.00

        6. 9.9.6 Boart Longyear Limited

          $323.00

        7. 9.9.7 Bradken Limited

          $323.00

        8. 9.9.8 Caterpillar Incorporated

          $722.00

        9. 9.9.9 China Coal Energy Company Limited

          $323.00

        10. 9.9.10 China First Heavy Industries Company Limited

          $323.00

        11. 9.9.11 CITIC Group

          $323.00

        12. 9.9.12 CNH Industrial NV

          $323.00

        13. 9.9.13 Doosan Infracore Company Limited

          $323.00

        14. 9.9.14 Famur SA

          $323.00

        15. 9.9.15 FLSmidth & Company A/S

          $323.00

        16. 9.9.16 Gebrueder Eickhoff Maschinenfabrik und Eisengießerei GmbH

          $323.00

        17. 9.9.17 Hitachi Limited

          $323.00

        18. 9.9.18 Hyundai Heavy Industries Company Limited

          $323.00

        19. 9.9.19 Inner Mongolia North Hauler Joint Stock Company Limited

          $323.00

        20. 9.9.20 Joy Global Incorporated

          $387.00

        21. 9.9.21 Kennametal Incorporated

          $323.00

        22. 9.9.22 Komatsu Limited

          $437.00

        23. 9.9.23 Kopex SA

          $323.00

        24. 9.9.24 Liebherr-International AG

          $323.00

        25. 9.9.25 Metso Corporation

          $375.00

        26. 9.9.26 Northern Heavy Industries Group Company Limited

          $323.00

        27. 9.9.27 OJSC OMZ

          $323.00

        28. 9.9.28 Outotec Oyj

          $323.00

        29. 9.9.29 RCR Tomlinson Limited

          $323.00

        30. 9.9.30 Refacciones Neumáticas La Paz SA de CV

          $323.00

        31. 9.9.31 Sandvik AB

          $379.00

        32. 9.9.32 Sany Heavy Equipment International Holdings Company Limited

          $323.00

        33. 9.9.33 SANY Heavy Industry Company Limited

          $323.00

        34. 9.9.34 SIC Mining Machines

          $323.00

        35. 9.9.35 Taiyuan Heavy Industry Company Limited

          $323.00

        36. 9.9.36 Techint Group

          $323.00

        37. 9.9.37 Terex Corporation

          $327.00

        38. 9.9.38 ThyssenKrupp AG

          $323.00

        39. 9.9.39 Tiandi Science & Technology Company Limited

          $323.00

        40. 9.9.40 Volvo AB

          $323.00

        41. 9.9.41 Wirtgen Group

          $323.00

        42. 9.9.42 Zhengzhou Coal Mining Machinery Group Company Limited

          $323.00

      10. 9.10 Additional Companies Mentioned in Study

        $458.00

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