subject: A Prosperous Picture Of Australias Mining [print this page] Australias resources and energy commodity export earnings will continue to grow over the medium term to reach a record $225 billion in 2016-17, said today the Bureau of Resources and Energy Economics (BREE).Henan Hongxing Mining Machinery Co., Ltd is a joint-stock mining machinery manufacturing enterprise integrated in scientific research, production and marketing. It is located at the High & New Technology Industries Development Zone of Zhengzhou,China with an area of 50 thousand m2 which includes 15,000 m2 of standard heavy duty industrial workshop. Equipments are more than 160 pieces, including large and medium sized metal processing, riveting and installing equipments. There are more than 660 workers including 80 administrators with secondary and senior occupational titles and engineering technicians. In order to promote the competitive strength, the advanced technologies have been introduced from America, Germany, Japan and Australia, which established the international advanced production line, first-class modern testing base as well as research centers of sand maker, mill and mine-selecting equipment. Scientific management, advanced processing technology and innovative manufacturing theory make the company become the mining machinery manufacturing and exporting base in China. In the Resources and Energy QuarterlyMarch quarter 2012 report, released today, the entity says that despite the softening in commodities prices, earnings from exports will keep rising, as Australia ships larger volumes of minerals and energy products to overseas buyers. The growth in resources and energy export earnings over the next five years is forecast to be underpinned by increases in export earnings for most commodities, including LNG, iron ore and thermal coal, said Professor Grafton, BREEs Executive Director and Chief Economist, on releasing the report. A large proportion of increases in export earnings are expected to come from LNG, with eight projects (including the almost complete Pluto project) under construction. Export volumes are forecast to increase from 20 million tonnes in 201112 to over 60 million tonnes in 201617, while export earnings for LNG are also forecast to treble over the same period to $30 billion. The growth in Australias LNG industry over the next five years is underpinned by over $175 billion worth of investment to expand capacity in Western Australia, Queensland and the Northern Territory, said Professor Grafton. Between 201112 and 201617 export volumes are forecast to increase for iron ore (62 per cent), metallurgical coal (47 per cent), thermal coal (65 per cent), copper ores and concentrates (77 per cent) and alumina (29 per cent). The increase in Australias export volumes for most commodities reflects commitments by the industry to increase production and expand infrastructure capacity over the medium term, added Professor Grafton.As the professional manufacturer of complete sets of mining machinery, such as Sand washing plant,Rock crushing plant,Primary jaw crusher, Henan Hongxing is always doing the best in products and service.Sand washing equipment:http://www.crusher-machine.com/19.html Mineral sand washer:http://www.crusher-machine.com/19.html
