Mineral Processing Equipment Market Share

Market Share of Mineral Processing Equipment Industry

The mineral processing equipment market comprises global players such as FLSmidth & Co. A/S, Komatsu Ltd, Metso Oyj, FEECO International, Inc., and Multotec Pty Ltd. Several equipment manufacturers are making joint ventures and partnerships and launching new products with advanced technology to have an edge over their competitors. For instance,

• In June 2023, Epiroc AB completed the purchase of the key assets of Schramm Australia, a major manufacturer of products for reverse circulation (RC) mining drilling. The assets include intellectual property, two production facilities near Perth, and two service centers located in Queensland and South Australia. Epiroc will employ Schramm Australia's employees.
• In April 2023, FLSmidth secured an order worth USD 50.85 million for mineral processing equipment for a gold mine in the Middle East. The equipment delivered by FLSmidth is among the most efficient in the world. When installed, the technology allows the mine to extract gold with reduced impact on the environment.
• In May 2022, Sandvik AB acquired the mining-related business of Schenck Process Group (SP Mining). Through this acquisition, SP Mining reported in Stationary Crushing and Screening, a division of Sandvik Rock Processing Solutions (SRP).

Mineral Processing Equipment Market Leaders

1. FLSmidth A/S

2. Komatsu Ltd

3. Metso Outotec

4. FEECO International, Inc.

5. TAKRAF GmbH

*Disclaimer: Major Players sorted in no particular order