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Mining equipment can be roughly divided into stone crushing machine, ore processing machine, powder making machine and building materials equipment, and mining equipment also can be divided depending on the materials, for example, gold mining equipment, coal mining equipment, marble mining equipment and so on.
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The surface mining equipment segment accounted for a revenue share of over 40% in 2017 and is anticipated to grow further during the forecast period. Currently, almost all metallic and nonmetallic minerals along with a larger fraction of coal are mined via surface mining methods, which is expected to provide an impetus to the segment growth.
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