Mining Machinery Industry

As for the mining machinery enterprises, they are the ones to serve for the mineral resources companies. Therefore, the mining machinery enterprises and the nonferrous metals industry enterprises such as coal, iron ore, zinc and other nonferrous metals are in the same industry chain. From the perspective of industry chain, the boom of the mineral resources is closely related with mining machinery. The boom of mineral resources will inspire more industrial capital to expand the exploration, increasing the demand for mining equipment (jaw breakers, belt conveyor). Toshiba recognizes the significance of this. On the other hand, the expansion of mineral scale will also increase the demand for mining equipment.Viewing from the coal industry, coal is the main energy in our country, which is an essential material basis for the development of economy and society and plays an important role in China s energy structure.

Entering the 21st century, coal industry developed rapidly. The coal industry is one of the important basic industries and the coal production is the first in the world. At present, the coal industry in our country has the capacity to design, construct and manage ten million tons of open pit coal mine and medium-sized mines. The construction of large scale base and modern large scale coal mines provides a good opportunity for the development of mining machinery industry. Mining machinery enterprises should seize the opportunity of and deepening the reform to accelerate the industry restructuring as the main pace of combination, merger, restructuring and joint-stock reform of mining machinery manufacturing enterprises under the guidance of the national policy, setting up the large-scale mining equipment group that regards the mining machinery manufacturing enterprises Bodysuit, coal production enterprises take a share and the research institutes participate to form a enterprise entity with manufacturing and development capabilities, engineering sets capacity and innovation capability. Building the enterprise into a mining construction enterprise group with modern market competitiveness and risk-resisting ability, striving to provide the mines with complete set of equipment to reduce the risk and make a positive contribution to the development of China s coal industry.