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South African coal mining firm Exxaro Resources will import two Chinese WK-35 rope shovels to boost production at its Grootgeluk coal mine. China-based equipment manufacturer Taiyuan Heavy Industry is exporting the equipment to South Africa.

China's commitment to mining in Africa deepens

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The Asia Pacific region is estimated to dominate the OEM construction equipment market and is projected to remain the largest market for construction equipment in 2025. This growth can be attributed to the improving socioeconomic conditions in emerging economies such as China and India.

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In addition to securing Africa's natural resources, China's capital flows into Africa also create business opportunities for Chinese service contractors, such as construction companies.

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Sinosteel Corporation (S:, T:, P: Zhōngguó Zhōnggāng Jítuán Gōngsī) is a central state owned enterprise, primarily in mining, trading, equipment manufacturing and engineering, under the supervision of the State-owned Assets Supervision and Administration Commission.Founded in 1993 and based in the People's Republic of China, it is the ...

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Moreover, Nigeria stays the strongest economy in Africa and a highly promising growth market for the construction and mining industry. Download the Post Show Report of ConMin West Africa 2017 here. If you are interested to find out more about the next ConMin West Africa, please contact IMAG or Afrocet Montgomery, so we can keep you informed: