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Saudi Arabian Mining Co (Ma'aden) has awarded Bechtel Group an engineering services contract for the new 'Waad Al-Shimal City for Mining Industries' in the north of Saudi Arabia
Production levels of aggregates and at crushers have dropped by almost 40 per cent following a drastic drop in demand, industry officials said recently. Manufacturers of machinery and spares for crusher units yesterday said they were aiming at markets in Saudi Arabia and other GCC countries to compensate for the drop in the demand in the UAE.
GLOBAL DEMAND FOR mining equipment (including separately sold parts and attachments) is projected to increase 4.9 per cent per year through 2013 to US$58 billion. China and India will be leading sources of mining equipment demand.