Rigid stone demand enhances prospects for mining machinery

In 2010, China’s large-scale infrastructure construction continued to advance rapidly, stimulating the demand for building materials and other building materials. The prosperity of the building stone market directly promoted the development of various types of rock mines. According to a survey conducted by the China Market Economy Special Research Center, more than 200 newly-built rock mines of various types such as limestone, granite, and fluorite mines newly approved by the country have been reached in the near future.

Building stone is a necessary building material in the construction of roads, railways, docks, airports, nuclear power and other infrastructure. Each new construction project must start with several or even dozens of various types of rock mines. It is understood that China plans to build 153,000 km of highways, but so far, the country’s highways have reached 65,000 km, and only about 40% have been completed. In terms of railways, in 2010, China's fixed assets investment in railways was set at 823.5 billion yuan, of which capital construction investment was 700 billion yuan. These two figures were 37% and 17% higher than 2009 respectively. Railway construction is also ushering in a period of rapid development.

From this data, we can see that in the next three years, there will be more construction rock mines in China approved. The opening of these rock mines provides opportunities for the development of mining machinery. Mass production of new rock mines may boost mining machinery into a new development period.

According to a survey conducted by the China National Market Economy Special Research Center, only one new rock mine with an investment of less than 10 million yuan has reached nearly 100 units. The details are as follows: A newly-built rock mine with an investment of less than 10 million yuan can drive the demand for two submerged drilling rigs, which can drive the demand of 35 dump trucks, and can drive the demand of 10 cone-type and other types of crushers, which can drive 7 The demand of the excavator can drive the demand of the loaders on the 6 sets, and can drive the demand of 4 sets of rock drills, which can drive the demand of more than 10 breakers. In addition, it can also drive the needs of several air compressors, conveyor belts, pressure fans, shakers and refuelling vehicles.