More Positive Developments for the Australian Mining Industry

Is there light at the end of the tunnel for the Australian mining industry?

As most of you know, we have been keeping an eye on the Australian mining industry, looking for clues that the struggling industry has begun to rebound. As we reported recently, positive developments have begun to roll in. We're happy to bring you even more good examples today.

First, while certain sources claim that it is unlikely that the Australian mining industry will fully bounce back in 2016, they also say that the industry is still fully viable and will continue to play an important role in Australia's overall GDP.

Second, Mining Weekly reports that Australian mining companies have begun investing in technologies to improve safety and manage costs. They have time-targeted goals in place to ensure that these improvements benefit their workers soon.

Over the next two years, a significant number of respondents yet to invest were expected to make investments in tyre monitoring, collision avoidance and proximity detection, and remote control and machine automation technologies.

This concentration on moving forward shows that these companies do not plan to go quietly into the night. They plan to keep moving forward, growing, and changing for the good of their employees, their overall industry, and all of the other industries that depend on the materials that mining produces.

We're happy to see signs that those inside the industry are making long-range plans to keep Australian mines viable. We look forwarding to bringing you more stories like these in the future.

Remember that we carry a full complement of big tires for all of your mining needs. We routinely ship tires to numerous mines throughout Australia. Feel free to contact us for the best deals.

Image credit: Paolo Crosetto on Flickr

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