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Despite recent struggles in the mining sector, Latin America continues to be an important destination for mining investment, exploration, development and equipment manufacturing. During 2013, Latin America produced approximately eight percent of the global demand of mining machinery, according to data from Future Market Insights, and its contribution towards global mining equipment sales …

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Aug 12, 2015· Despite recent struggles in the mining sector, Latin America continues to be an important destination for mining investment, exploration, development and equipment manufacturing. During 2013, Latin America produced approximately eight percent of the global demand of mining machinery, according to data from Future Market Insights, and its contribution towards global mining equipment sales …

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・While Latin American demand accounted for only about 8% of global demand in 2013, our sales in Latin America represented about 15% of total sales, translating into the third important market after Japan and North America. ・In terms of breakdown of sales of mining equipment by region, Latin America represented the largest share of all regions.

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Mexico, Central America and the Caribbean were not net winners from the growth in China. South America in contrast was a clear winner. The mining and commodity boom allowed Latin America to have the best economic performance in decades, helping to increase public expenditures, reduce poverty and expand the middle class.

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