SOURCE: Industrial Info Resources

Industrial Info Resources

October 07, 2015 06:30 ET

Oceania's Metals & Minerals Outlook: Miners Should Hold Tight Until 2017, an Industrial Info News Alert

PERTH, AUSTRALIA--(Marketwired - Oct 7, 2015) - Researched by Industrial Info Resources Australia (Perth, Australia) -- The Australian economy has been hugely affected by the mining downturn. Data from Industrial Info can help businesses navigate the market during these periods of uncertainty.

Industrial Info is tracking more than 133 active coal capital projects, worth $50.14 billion, that have had their kickoff dates pushed back to 2017-18. Industrial Info is also tracking more than 124 active iron capital projects in planning, worth US$36.66 billion, with kickoff dates scheduled for the same period.

Within this article: Outlook for mining in Australia, including the potential impact on companies such as BHP Billiton Petroleum (NYSE:BHP) and Rio Tinto plc (NYSE:RIO)

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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